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May 7, 2003

Garmin's Geko™ 301 Adds Compass, Altimeter to Pocket-Sized GPS Family

Geko 301

OLATHE, Kan. — Garmin® International Inc., a unit of Garmin Ltd. (Nasdaq: GRMN), today announced that the company is extending its new Geko GPS product line to include a new sensor-equipped navigation device, the Geko 301. The unit combines the reliability of GPS navigation with an electronic compass and a barometric altimeter in a compact, waterproof package.

" The Geko 301 is especially fitting for serious hunters and hikers that are conscious of every ounce and every inch of their backpack," said Gary Kelley, Garmin's director of marketing. "But this GPS device is also for recreational users, because it’s easy to use, affordable, pocket-sized and packed with fun outdoor games."

Featuring only five buttons and user-friendly menus, the Geko 301 simplifies navigation. Its WAAS-enhanced GPS capabilities show users precisely where they are, where they’ve been and where they’re going.

In addition, the Geko 301 boasts an electronic compass and barometric altimeter. The compass points trekkers in the right direction — even when they’re standing still — and steers them back on course when they’ve strayed from a particular path. The altimeter serves two primary functions. First, hikers get a stable reading on their elevation, plus a digital readout of such data as ascent and descent rate, total climb distance and maximum elevation. Second, the 12-hour pressure-trend tool allows the user to anticipate changing weather conditions.

The Geko 301 also features Garmin's patent-pending GPS games, including a unique geolocation game that takes advantage of the device’s GPS and electronic compass features. In this game, users dodge and blast virtual meteors that are speeding toward them. The game can even be played indoors, relying solely on the compass function. Like other Garmin geolocation games, it offers three levels of difficulty and gets progressively more challenging at higher levels.

Following in the footsteps of the Geko 101 and Geko 201 released earlier this year, the Geko 301 is among the smallest, most lightweight and waterproof GPS devices on the market. Physically, the Geko 301 is an earthtone gray and has the following specifications:

  • Positional accuracy: Three meters or less with WAAS
  • Size: 3.9" (H) x 1.9" (W) x 0.96" (D)
  • Weight: 3.4 oz. (with batteries)
  • Screen Size: 1.8" (diagonal)
  • Screen Resolution: 100 (H) x 64 (W) pixel count
  • Battery Life: 9 hours (typical use) on two AAA batteries
  • Waypoint/Route storage: 500/20
  • Automatic track storage: 10,000 trackpoints and 10 saved tracks
  • Waterproof Construction: Submersible for 30 minutes in one meter of water (IPX-7 standards)

The Geko 301 is expected to be available in July 2003 at a suggested retail price of $246.42.

 

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 Geko 101, Geko 201 and Geko 301 are trademarks of Garmin Ltd. or its subsidiaries. All other trademarks may be the property 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 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 http://www.garmin.com/aboutGarmin/invRelations/finReports.html.

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