| 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. |