Garmin® Joins Clipper Round the World Yacht Race as Team Sponsor

Garmin,
the global leader in satellite navigation, today announced the extension of its
partnership with the Clipper Round the World Yacht Race by becoming a team
sponsor.  Australian skipper Damian
Parnham and his crew will represent Team Garmin as one of the world’s leading
providers of marine electronics and satellite navigation equipment.

“Being
the official supplier of marine electronics for the Clipper Round the World
Yacht Race, we are proud to further our partnership by becoming an official
team sponsor for this year’s competition,“ said Jon Cassat, vice president of
communications.  “The Clipper Race is a
renowned event that we feel is the perfect stage to showcase the reliability,
accessibility and integration of our marine line and further our global
presence within the marine market.”

“Modern
oceanic racing depends on accurate position-fixing and Garmin’s reputation in
the field allows the Clipper Race crews to benefit from their presence,” said
Sir Robin Knox-Johnston, Chairman and Founder of the Clipper Race.  “We welcome the Garmin yacht into the race as
a strong representative of everything we want the Clipper Race to encompass.”

Garmin,
the official marine electronics supplier of the world’s longest ocean race,
will be naming its boat in the St. Katharine Docks in London on Friday, August
30th at 10 AM.  The race
officially begins on Sunday, September 1st.

Captain
Parnham hopes to become the third consecutive Australian skipper to claim a
victory in the Clipper Round the World Yacht Race.  Parnham is a former Naval Marine Engineer who
has a strong racing background and was on-board the record-breaking Brindabella
during the Rolex Sydney-Hobart Race in 1997.

“The
concept of building the team is a big challenge. I love to push myself and my
crew to dream big and lapping the planet on a fast yacht is a dream,” explained
Queensland-based Parnham.

Garmin
will showcase the quatix™ GPS marine watch, newly announced VIRB™ action camera
and a full suite of Nexus® sailing products during the race.  For additional information about Garmin or
Clipper Round the World, visit www.garmin.co.uk and www.clipperroundtheworld.com

Garmin’s
marine business segment is a leading provider of navigation and communication
equipment to retail and OEM customers. 
Garmin’s portfolio includes the industry’s most sophisticated array of
chartplotters and touchscreen multifunction displays, sonar, high-definition
radar, autopilot offerings and other products and services that are known for
innovation, reliability, and ease-of-use.

 

About Garmin Ltd.


The global leader in satellite navigation, Garmin Ltd. and its subsidiaries
have designed, manufactured, marketed and sold navigation, communication and
information devices and applications since 1989 – most of which are enabled by
GPS technology.  Garmin’s products serve automotive, mobile, wireless,
outdoor recreation, marine, aviation, and OEM applications. Garmin Ltd. is
incorporated in Switzerland, 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.

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This release includes forward-looking statements regarding Garmin Ltd. and its
business. All statements regarding the company’s future product introductions
are forward-looking statements. Such statements are based on management's
current expectations. The forward-looking events and circumstances discussed in
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result of known and unknown risk factors and uncertainties affecting Garmin,
including, but not limited to, the risk factors listed in the Annual Report on
Form 10-K for the year ended December 31, 2011, filed by Garmin with the
Securities and Exchange Commission (Commission file number 0-31983). A copy of
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www.garmin.com/aboutGarmin/invRelations/finReports.html. No
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