News Releases 



October 2, 2001

Garmin® New Hire to Spearhead Future Mobile Electronics Business Effort

OLATHE, Kan. — Garmin International, a unit of Garmin Ltd. (Nasdaq: GRMN), is pleased to announce the hiring of Guy Waitley as Associate Director of Business Development. This is a new position designed to bolster the company’s strategic development efforts as it rolls out its future plans for GPS-enabled personal digital assistant (PDA) and smart phone products.

Waitley comes to Garmin from Austin, Texas-based OnFiber Communications, where he served as Executive Director for Business Development and Strategic Transactions. Prior to OnFiber, he worked for more than six years with Sprint Corp. and Sprint PCS, where he most recently served as Director for Business Development and Strategic Transactions and was instrumental in developing strategic relationships and negotiating purchase and marketing agreements related to wireless products and services. While at Sprint PCS, he also engaged in a variety of leading-edge business activities related to wireless applications such as telematics, location-based services, voice recognition, roadside assistance and wireless Internet services.

"Guy brings a high level of business development expertise to this position," said Dr. Min Kao, co-CEO and co-chairman of Garmin Ltd. "As a market leader in GPS innovation that is continuing to expand in the highly integrated mobile electronics market, Garmin will lean on his ability to create, develop and manage key relationships to pave the way for sales of our wireless and future mobile electronics."

Some of Waitley’s immediate tasks involve positioning the company’s integrated PDA products and next-generation smart phones in the marketplace, matching up feature sets, and working with service providers and software developers.

Waitley is a graduate of the University of Kansas, where he earned both his B.S. in business administration and J.D. He started on Sept. 17 and reports to Dan Bartel, Garmin's sales director for consumer electronics.

Note to editors: Photo available upon request.

Garmin International Inc. is a member of the Garmin Ltd. (Nasdaq: GRMN) group of companies, which design and manufacture navigation, communication and information devices — most of which are enabled by GPS technology. Garmin's products serve the aviation, marine, outdoor recreation, automotive, wireless and OEM markets. Garmin Ltd. is incorporated in the Cayman Islands, and its principal subsidiaries are located in the United States, Taiwan and United Kingdom. For more information, visit the Virtual Press Room at, or contact the Media Relations department at 913-397-8200.