| October 9, 2002
Crestliner Selects Garmin as Electronics
Supplier
OLATHE, Kan. — Garmin International Inc., a unit of
Garmin Ltd. (Nasdaq: GRMN), announced today that Crestliner
Inc. has selected three sonar products from Garmin as optional
equipment on many of its new boat models. Specifically, new
owners of Crestliner boats may choose Garmin’s GPSMAP
168 Sounder, Fishfinder 160 or Fishfinder 240 for installation
on all Crestliner models.
"Garmin and Crestliner share a strong commitment to
product innovation, so we are thrilled to have formed an affiliation
with this top boat builder," said Gary Kelley, Garmin’s
director of marketing. "Crestliner owners lead active
lifestyles — using their boats for fishing, hunting,
waterskiing and other activities — and our electronics
will add an additional level of safety, reliability and enjoyment
to their on-the-water adventures."
The GPSMAP 168 Sounder, Fishfinder 160, and Fishfinder 240
are premium sounders that utilize Garmin’s exclusive
Depth Control Gain (DCG) and See-Thru technology to give boaters
and anglers alike increased awareness of depth, bottom structure
and underwater activity. The GPSMAP 168 Sounder goes a step
further by integrating WAAS-enabled location and mapping features
in a compact unit. Its built-in memory accepts data from Garmin’s
MapSource line of mapping products, including Fishing Hot
Spots for detailed information about America’s most
popular lakes.
Crestliner joins Champion, Lund, Ranger and Stratos as the
latest boat manufacturer to bring Garmin electronics on board
as standard or optional factory-installed equipment. Garmin-equipped
Crestliner boats are currently available through authorized
Crestliner dealers.
Garmin International Inc. is
a member of the Garmin Ltd. (Nasdaq: GRMN) group of companies,
which designs and manufactures navigation, communication and
information devices -- most of which are enabled by GPS technology.
Garmin is a leader in the general aviation and consumer GPS
markets and its products serve aviation, marine, outdoor recreation,
automotive, wireless and OEM applications. Garmin Ltd. is
incorporated in the Cayman Islands, and its principal subsidiaries
are located in the United States, Taiwan and the United Kingdom.
For more information, visit Garmin's virtual pressroom at
www.garmin.com/pressroom
or contact the Media Relations department at 913-397-8200.
GARMIN, GPSMAP, See-Thru and DGC are registered trademarks,
and GPSMAP 168 Sounder, Fishfinder 160, Fishfinder 240 and
MapSource are trademarks of Garmin Ltd. or its subsidiaries.
Crestliner Boats builds a wide
variety of all-welded aluminum angling boats, fish & skis,
pontoons and deck boats from 12 to 24 feet. For more information,
contact Jim Antolik, vice president of sales and marketing,
at 320-632-6686. To contact your nearest Crestliner dealer,
call toll-free, 800-889-7020 (extension 111) or visit the
Crestliner website at www.crestliner.com.
Notice on forward-looking statements:
This release includes projections and other forward-looking
statements regarding Garmin Ltd. and its business. Any statements
regarding the company’s future financial position, revenues,
earnings, product introductions, plans and objectives are
forward-looking statements. The forward-looking events and
circumstances discussed in this release may not occur and
actual results could differ materially as a result of risk
factors affecting Garmin. Information concerning risk factors
that could affect Garmin’s actual results is contained
in the Annual Report on Form 10-K for the year ended December
29, 2001, filed by Garmin with the Securities and Exchange
Commission (Commission file number 0-31983). A copy of Garmin’s
Form 10-K can be downloaded from http://www.garmin.com/aboutGarmin/invRelations/finReports.html.
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