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August 7, 2002

Lancair Adds GARMIN Avionics to Columbia Aircraft

OLATHE, Kan. — Garmin International Inc., a unit of Garmin Ltd. (Nasdaq: GRMN), today announced that The Lancair Company will offer Garmin’s integrated avionics suite as optional equipment on the Columbia 350 and turbocharged Columbia 400 certified aircraft. Lancair is the latest major aircraft company to sign a new OEM agreement with Garmin this year — further proof that GARMIN panel-mounted avionics are the industry standard in the general aviation market.

"The GARMIN avionics suite is very intuitive to use and provides excellent situational awareness in a tidy package," said Mark Cahill, Lancair’s executive vice president. "We've had a lot of interest in the system from our customers and we're very pleased to offer it to them."

Owners of new Lancair Columbia 350 and 400 aircraft can opt to install dual GARMIN GNS 430’s, a GTX 327 and a GMA 340 — all the situational awareness of navigation and communications in a space-conscious, integrated package. The GNS 430 combines GPS navigation, VHF communication and moving map graphics on a crisp display, plus IFR-certified GPS, LOC, ILS, glideslope and VOR capabilities to reduce pilot workload in the cockpit. The GNS 430 has interfaces to display traffic, weather and convective activity. The GTX 327 is a Mode-C digital transponder with a user-friendly keypad to enter squawk codes and a brilliant yellow-on-black LCD for easy readouts. And because of its solid-state design, the GTX 327 boasts low power consumption, low heat emission and no warm-up time. The GMA 340 audio panel, which offers audio switching on a front-panel and features a six-position intercom stereo and three COM positions for reliable communications.

"We are gratified to be on the equipment list for the innovative Lancair Columbias — high-performance aircraft that are sure to delight pilots and passengers alike," said Gary Kelley, Garmin’s director of marketing. "Lancair aircraft owners will appreciate the added level of safety that our integrated avionics suite brings to the flying experience."

The Lancair Columbia 350 is an all-electric version of Lancair's normally aspirated 310 hp Columbia 300. The aircraft utilizes a dual-bus, dual battery system to power the airframe in place of traditional vacuum pumps. It has a maximum cruise speed of 190 ktas, a range of more than 1,200 nm, and a useful load of more than 1,100 lbs. The Columbia 400 is a turbocharged version of Columbia 350 with a maximum cruise speed of 230 ktas at FL180.

GARMIN-equipped Lancair Columbia 350 aircraft are expected to begin delivery later this year, with similarly equipped Columbia 400s following shortly thereafter.

 

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 is a registered trademark, and GNS 430, GTX 327 and GMA 340 are trademarks 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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