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Novmeber 18, 2003

Garmin Introduces GPS Receiver Targeting Automotive OEM Applications

 

GPS 18 OEM

OLATHE, Kan. November 18, 2003 — Garmin International, Inc., a unit of Garmin Ltd. (Nasdaq: GRMN), today announced that it is introducing the GPS 18 OEM, a GPS sensor for OEM (Original Equipment Manufacturer) applications. The device is targeted to OEM clients for use in automotive, fleet vehicle, and electronics applications where a small and highly accurate GPS receiver is needed.

"Garmin has long been a leading provider of GPS solutions," said Gary Kelley, Garmin’s director of marketing. "The GPS 18 OEM allows our OEM customers to easily incorporate the proven reliability, accuracy, and simplicity of Garmin GPS technology into their vehicles and electronic devices."

The 12-parallel-channel, WAAS-enabled GPS receiver is available in either CMOS-level serial or USB 2.0 full speed versions, and comes with an integrated magnetic base. The tiny, round receiver is 2.4 inches in diameter and weighs just ounces — making it an ideal solution in applications where space is at a premium.

The GPS 18 OEM is offered in three different cable configurations: A-style USB, DB-9 pin serial with 12-volt cigarette lighter adapter (PC), or bare wire (LVC). All three versions feature Garmin proprietary output, and the PC and LVC configurations also offer NMEA data output. The GPS 18 OEM comes complete with non-volatile memory for one-time configuration, a real-time clock, and raw measurement data output for sophisticated customer applications.

All versions of the GPS 18 OEM are expected to be available in January 2004.

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 GPS 18 is a trademark of Garmin Ltd. or its subsidiaries.

Notice on forward-looking statements:

This release includes forward-looking statements regarding Garmin Ltd. and its business. Any statements regarding the company’s future product introductions 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 28, 2002 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 www.garmin.com/aboutGarmin/invRelations/finReports.html.

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