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March 2, 2003

Garmin® Unveils Low-Cost, GPS Fitness Product — the Forerunner™ 101

OLATHE, Kan./March 2, 2003/PR Newswire — Garmin International Inc., a unit of Garmin Ltd. (Nasdaq: GRMN), today introduced the Forerunner 101, an entry-level personal training device enabled with Global Positioning System (GPS) technology. This wrist-top fitness product offers athletes the same features as the Forerunner 201, but operates on two AAA batteries (rather than the 201’s rechargeable lithium-ion battery).

" Now health-conscious consumers and serious athletes alike can add the precision fitness technology of the Forerunner 101 to their training regimen for about the price of a quality pair of running shoes," said Gary Kelley, Garmin’s director of marketing. "The GPS-enabled Forerunner 101 automatically calculates a runner’s most necessary information like speed, pace, and distance, and automatically stores the data so you can see improvement in your performance."

The Forerunner 101 features an integrated GPS sensor that accurately measures time, speed, distance, and pace information and presents this data digitally on the unit’s display. This sensor also calculates calories burned — based on the user’s body weight and the workout distance, duration and slope changes. The unit automatically records lap data and pauses the lap timer when the user’s pace falls below a configured range using the AutoLap™ and AutoPause™ features, respectively. Further, athletes can adhere to performance goals by using Garmin’s unique Virtual Partner™ function on the Forerunner series. This feature allows the user to specify the ideal workout duration, pace or distance and keep in step with the digital pacesetter to achieve training goals.

Designed to be a self-contained personal training system, the Forerunner 101 does not have PC interface capabilities, but rather stores 5,000 laps — enough memory to store up to two years worth of data based on typical usage. Users can retrieve lap data for previous workouts by date, week, month, or over a specific time interval.

The Forerunner 101 also provides basic navigation capabilities. After marking a starting point, users can start their workout, monitor their progress on the plotter display, and conclude their training session by following the electronic breadcrumb trail back to their point of origin.

Other specifications of the Forerunner 101:

  • GPS: 12 parallel channel GPS receiver with 99 percent distance accuracy (under typical conditions)
  • Training features: Time, pace, distance, lap time, lap pace, lap distance
  • Navigation features: 100 waypoints; 3,000 trackpoints using TracBack® feature
  • Lightweight: 2.6 oz.
  • Physical size (WxHxD): 3.3" x 1.7" x 0.9"
  • Display (WxH): 1.5" x 0.9"; 100 x 64 pixels on FSTN display with LCD backlighting
  • Battery life: Up to 15 hours (typical use) on 2 AAA batteries
  • Waterproof: IEC 60529 IPX7 standards (submersible depth: one meter; up to 30 minutes)

The Forerunner 101 is expected to be available in March 2004 at an MSRP of $114.27. It will ship standard with an expandable wrist strap, owner’s manual and quick-reference guide.

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 and TracBack are registered trademarks, and Forerunner, AutoLap, AutoPause and Virtual Partner are trademarks 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 product introductions and expected product availability dates are forward-looking statements. The forward-looking events discussed in this release may not occur and actual results could differ materially as a result of risk factors affecting Garmin, including (but not limited to) risk factors listed 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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