| August 8, 2002
Garmins GPS 72 Draws on Heritage of Popular
GPS Devices
OLATHE, Kan. Garmin International Inc., a unit of Garmin
Ltd. (Nasdaq: GRMN), today announced the newest addition to the
companys popular line of consumer GPS products the
GPS 72, a handheld trackplotter
that bridges the generation gap between Garmins GPS
12 and GPS 76 product
lines.
"The GPS 72 is a great combination of technology tradition,
innovation and value for a broad range of users," said Gary
Kelley, Garmins director of marketing. "Fans of the
GPS 12 will recognize many of the intuitive features on the GPS
72, but they will also notice the larger display, enhanced accuracy
and advanced features."
The GPS 12 was introduced in the summer of 1997 and remains one
of Garmins best-selling GPS products. Its lightweight design,
long battery life, logical operation and value made the GPS 12
a hit with mariners, hikers, hunters and military personnel. Garmin
has taken the best features of the GPS 12 and inserted them in
the distinctively black GPS 72. First, the GPS 72 continues the
legacy of the GPS 12 by offering a waterproof product thats
lightweight (7.6 oz), yet highly durable. Second, the GPS 72 provides
16 hours of use on two AA batteries. Third, the GPS 72 has audible
alerts for anchor drag, arrival, course deviation, proximity waypoints
and clock functions. Finally, the GPS 72 relies solely on its
internal 12-channel quad-helix antenna, rather than on an external
antenna.
The GPS 72 contains several innovations from the GPS 76 series
that make it a no-nonsense navigator. Comparable in design to
the GPS 76 family, the GPS 72 has four-level grayscale display
thats sharper (120x160 pixels) and larger (1.6"x2.2")
than the GPS 12. The GPS 72 also taps into the GPS-corrective
Wide Area Augmentation System (WAAS) to deliver accuracy of 10
feet or less. And the GPS 72 is not only waterproof, but it can
also float like the GPS 76 series. The GPS 72 has an internal
database of U.S. tide data, worldwide nautical navaids (lights,
buoys, sound signals and daybeacons) and major worldwide cities
as well as one megabyte of internal memory to store data
from Garmins exclusive MapSource Points of Interest CD-ROM.
Other specifications of the GPS 72 include:
- Waterproof case that meets IPX7 standards
(submersible for 30 minutes in one meter of water)
- Built-in celestial tables with best times
to fish and hunt
- Trip computer with odometer, stopped time,
moving average, overall average, total time, maximum speed and
more
- Dedicated GOTO button and man-overboard function
- Stores 500 waypoints with name and graphic
symbol
- Backlit display and keypad
- Large numbers option for easy viewing
The GPS 72 is expected to be available in November 2002 with
a suggested retail price of $170.65.
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 72, GPS 12, GPS 76 and MapSource
are trademarks of Garmin Ltd. or its subsidiaries.
Notice on forward-looking statements:
This release includes projections and other forward-looking statements
regarding Garmin Ltd. and its business. Any statements regarding
the companys 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 Garmins 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 Garmins Form 10-K can be downloaded from http://www.garmin.com/aboutGarmin/invRelations/finReports.html. |