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September 25, 2002
Garmin® Delivers a 16-Watt COM for Corporate
Aircraft
OLATHE, Kan. — Garmin International Inc., a unit of Garmin
Ltd. (Nasdaq: GRMN), today announced that it will soon offer a
16-watt COM version of its popular color mapping avionics for
business aircraft — the GNC® 420A, GNS 430A and GNS 530A.
The "A" version differentiates the 16-watt COM from
Garmin's current line of 10-watt avionics.
"We have the leading line of panel-mount avionics in the
general aviation market, and this new version will make our pilot-friendly
integrated avionics systems more suitable for the business aviation
market," said Gary Kelley, Garmin's director of marketing.
"Our new 16-watt COM will enable our systems to transmit
and receive at higher altitudes and at farther distances, giving
corporate aircraft operators one more reason to go with Garmin."
The GNC 420 is designed
to resemble Garmin's popular GNS
430 and serves as an effective IFR GPS/COM. It packs GPS navigation
features, frequency nomination tools and self-contained annunciation
into a single, space-saving box. The GNC 420 is certified for
non-precision approaches.
The GNS 430 integrates IFR GPS/COM capabilities with ILS, VOR,
LOC and glideslope features on a brilliant 4-inch color moving
map display. When it was introduced in 1998, the GNS 430 set the
aviation world abuzz as the first integrated IFR GPS/NAV/COM.
A year later, the company debuted the GNS
530 — a larger version of the GNS 430 with a five-inch
display for wider viewing — to solidify its leadership position
in the general aviation market. Each system has interface capabilities
to receive traffic, lightning and weather information for heightened
situational awareness.
The GNC 420A, GNS 430A and GNS 530A are currently available
in black or gray bezels to coordinate with the panel design of
most corporate aircraft. These products are available at the respective
suggested retail prices: $12,995 (420-black), $13,645 (420-gray),
$14,250 (430-black), $14,965 (430-gray), $19,995 (530-black) and
$20,995 (530-gray).
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 GNC 420, GNS 430 and GNS 530 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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