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August 8, 2002

Garmin’s GPS 72 Draws on Heritage of Popular GPS Devices

GPS 72

OLATHE, Kan. — Garmin International Inc., a unit of Garmin Ltd. (Nasdaq: GRMN), today announced the newest addition to the company’s popular line of consumer GPS products — the GPS 72, a handheld trackplotter that bridges the generation gap between Garmin’s 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, Garmin’s 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 Garmin’s 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 that’s 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 that’s 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 Garmin’s 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 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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