| September 29, 2005
Garmin® is Tier-One Supplier For Honda Motorcycle GPS Navigation System
OLATHE, Kan./September 28, 2005/PR Newswire — Garmin International Inc., a unit of Garmin Ltd. (Nasdaq: GRMN), today announced that it is now serving as a tier-one automotive OEM supplier with its newly-developed modular GPS navigation system on the 2006 Honda Gold Wing motorcycle. Tier-one suppliers provide parts and systems directly to vehicle manufacturers and must meet the demanding performance specifications and quality requirements provided by the manufacturer.
“This marks the first time that Garmin has provided a vehicle manufacturer with a factory installed navigation system,” said Gary Kelley, Garmin’s vice president of marketing. “The Gold Wing is Honda’s premier touring bike, and navigating the highways and byways just got a lot easier now that Garmin is on board.”
Known as the Honda Satellite Linked Navigation System, it provides complete North American mapping with nearly six million points of interest – places like hotels, restaurants, tourist attractions, and Honda Motorcycle dealerships and service centers – displayed on a large seven-inch integrated display. The Honda Satellite Linked Navigation System gives clear turn-by-turn voice prompted directions through the motorcycle’s audio and intercom system. The system features large, easy-to-use buttons and rugged, solid-state memory for map storage.
“We’re very excited to have the industry’s first fully integrated navigation system on a motorcycle,” said Ray Blank, American Honda’s Motorcycle Division Vice President. “Gold Wing customers expect premier components on their motorcycles and Garmin has delivered with the Honda Satellite Linked Navigation System.”
Installed at the factory, the Honda Satellite Linked Navigation System is available only on the new 2006 Gold Wing. Three of five trim models feature the system. For more information, availability, and pricing, visit http://powersports.honda.com/preview/06_goldwing_model_index.asp.
Garmin 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 of Garmin Ltd. or its subsidiaries. Anticipated product availability dates are based on management's current expectations and are not guaranteed.
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Notice on forward-looking statements:
This release includes forward-looking statements regarding Garmin Ltd. and its business. All statements regarding the company’s future product introductions and expected product availability dates are forward-looking statements. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 25, 2004 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 at www.garmin.com/aboutGarmin/invRelations/finReports.html. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
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