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January 8, 2003

Garmin® Teams with Handango on iQue™ 3600 Mobile Software Storefront

OLATHE, Kan. and HURST, Texas/Jan. 8, 2003/PR Newswire — Garmin (Nasdaq: GRMN) and Handango, the leading publisher and platform for mobile software, today announced they are working together to deliver software to users of Garmin's new iQue 3600. Garmin has licensed Handango's application management and provisioning platform, Handango AMPP, to create the Garmin Software Store and give iQue 3600 users access to one of the world's largest catalog of commercial Palm OS applications. The Garmin Software Store will be available when the product begins shipping in the second quarter of 2003 at www.garmin.com/software.


The Garmin Software Store will offer thousands of applications ranging from games and entertainment to personal productivity to business software. Applications leverage the crisp color screen, intuitive functionality and lightning-fast Motorola processor on the iQue 3600.


"Utilizing Handango AMPP, we will be able to offer iQue 3600 end users even more functionality to their already feature-rich handheld," said Guy Waitley, Garmin's associate director of business development. "By providing a wide array of software options, Handango represents a comprehensive solution that we expect will enhance the overall iQue 3600 user experience."


Garmin and Handango will also engage in a variety of demand-generation and co-marketing activities. Every iQue 3600 will ship with a CD-ROM containing a wide variety of popular applications provided by Handango. Users will have the option to try the applications for a limited time and to purchase full versions online at the Garmin Software Store. Additional promotional activities may include in-box flyers and electronic marketing among others.


"We are thrilled Garmin chose Handango and our time-tested platform Handango AMPP as their source to deliver mobile software to iQue 3600 users," said Laura Rippy, chief executive officer of Handango. "Together, we give users cutting-edge GPS technology and the widest selection of mobile content."

About 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. Visit Garmin's virtual pressroom at www.garmin.com/pressroom or contact the Media Relations department at 913-397-8200 for more information. Garmin is a registered trademark, and iQue is a trademark of Garmin Ltd. or its subsidiaries.


About Handango:
Handango is the leading publisher and platform for mobile software, bringing over 25,000 applications to market through an extensive global distribution network of online, retail and enterprise channels reaching more than three million mobile users each month. Handango’s application management and provisioning platform, Handango AMPP, has been chosen as the mobile software delivery platform for Nokia, Motorola, Sprint, Orange SA, Palm, Microsoft, Sony, HP, Handspring, Sharp Electronics, and more than one hundred others. For more information, visit www.handango.com.


Palm OS is a registered trademark and Palm Powered is a trademark of PalmSource, Inc. a subsidiary of Palm, Inc. Other brands may be trademarks of their respective owners.

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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