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August 7, 2002

Garmin Gives Gliders Two Good Reasons to Use GPS for Competition

GPSMAP 76S and eTrex Vista

OLATHE, Kan. — Garmin International Inc., a unit of Garmin Ltd. (Nasdaq: GRMN), today announced that the company has developed software for competitive gliders on two of its popular portable GPS devices — the eTrex Vista and GPSMAP 76S. Available now on Garmin’s corporate website as a free upgrade to the devices, the software will simplify navigation, competition and record keeping in a variety of gliding sports in North America, South America and Europe.

"Several gliding competitions across Europe and the U.S. have begun to move to GPS technology as the sole means of proving that participants have successfully completed a course," said Gary Kelley, Garmin’s director of marketing. "As one of the leading manufacturers of GPS products worldwide, Garmin’s software enhancement for these GPS units provides an affordable and equitable standard by which to record tracks, distances, altitudes and speeds during competitions."

The eTrex Vista and GPSMAP 76S both incorporate GPS/mapping capabilities, along with a barometric altimeter for barograph-like elevation profiles and an electronic compass for heading and tracking information. Both devices have generalized map data, including highways, major roads, rivers, lakes and borders. The products also possess 24 megabytes of internal memory for downloadable detailed mapping from Garmin’s exclusive line of MapSource CD-ROMs.

When combined with the unique features of the eTrex Vista and GPSMAP 76S, the new software is expected to greatly aid gliders as they seek to simplify and amplify their sport. The manual checkpoint transition feature is added to give competitors more control over flying from one checkpoint to the next. The glide-ratio, glide-ratio-to-target, and vertical-speed-to-target features use GPS/altimeter functions to help competitors determine if they can reach their target without passing a point of no return. The new software also features improved vertical speed sensitivity and improved visual presentation (Vista only) to help competitors visualize direction to the immediate and next checkpoint simultaneously.

The eTrex Vista and GPSMAP 76S have suggested retail prices of $375 and $499, respectively.

 

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, eTrex and GPSMAP are registered trademarks, and MapSource is a trademark of Garmin Ltd. or its subsidiaries.

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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