Garmin® expands professional cycling team sponsorships

Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today
announced sponsorship of nine professional cycling teams in 2017,
including five world tour teams and four mountain biking teams.

Garmin will continue to sponsor the Cannondale-Drapac Pro Cycling Team
and the Movistar Team, and welcomes the Astana Pro Team, FDJ Pro Team
and Team Dimension Data for Qhubeka this year. Additionally, Garmin will
continue its support of the following mountain biking teams: Trek
Factory Racing, CLIF Pro Team, CUBE Action Team and Scott-SRAM.

“Garmin started sponsoring professional cycling teams nearly a decade
ago, and we are excited to continue our commitment to the sport,” said
Jon Cassat, Garmin vice president of communications. “As a leader in
cycling technology, we are proud to provide the teams with
top-of-the-line products – from GPS bike computers to cycling awareness
accessories and multisport GPS watches – for training, racing and
adventure in between.”

Several teams will be equipped with Garmin products to increase
performance and help provide a safer cycling environment. Edge® cycling
computers will provide data and key metrics to cyclists, as well as GPS
and navigational support. The world’s first cycling radar, Varia™, will
warn of vehicles approaching from behind, while a tail light brightens
and flashes to alert drivers of a cyclist ahead. Additionally, many of
the sponsored teams will use Garmin Forerunner® GPS running watches,
fēnix® multisport GPS watches and a range of vívo activity trackers
which will monitor the distance cyclists travel, the calories they burn
and how much sleep they get every night. The teams will also benefit
from the Garmin Index™ smart scale that measures weight, body fat,
skeletal muscle mass and more.

The ever-expanding Garmin fitness segment develops technologies to
enhance and promote healthy and active lifestyles. Whether users are
cyclists, runners, swimmers, multi-sport athletes, or simply looking to
stay active throughout the day, there is a product that can help them
reach their health and fitness goals.

For decades, Garmin has pioneered new GPS navigation and wireless
devices and applications that are designed for people who live an active
lifestyle. Garmin serves five primary business units, including
automotive, aviation, fitness, marine, and outdoor recreation. For more
information, visit Garmin’s virtual pressroom at garmin.com/newsroom,
contact the Media Relations department at 913-397-8200, or follow us at facebook.com/garmin,
twitter.com/garmin,
or youtube.com/garmin.

About Garmin International Inc.

Garmin International Inc. is a subsidiary of Garmin Ltd. (Nasdaq: GRMN).
Garmin Ltd. is incorporated in Switzerland, and its principal
subsidiaries are located in the United States, Taiwan and the United
Kingdom. Garmin is a registered trademark of Garmin Ltd. or its
subsidiaries.

All other brands, product names, company names, trademarks and service
marks are the properties of their respective owners. All rights reserved.

Notice on Forward-Looking Statements:

This release includes forward-looking statements regarding Garmin Ltd.
and its business. Such statements are based on management’s current
expectations. The forward-looking events and circumstances discussed in
this release may not occur and actual results could differ materially as
a 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 26, 2015, filed
by Garmin with the Securities and Exchange Commission (Commission file
number 0-31983). A copy of such Form 10-K is available at http://www.garmin.com/aboutGarmin/invRelations/finReports.html.
No forward-looking statement can be guaranteed. Forward-looking
statements speak only as of the date on which they are made and Garmin
undertakes no obligation to publicly update or revise any
forward-looking statement, whether as a result of new information,
future events, or otherwise.

 

Contacts

Garmin International Inc. Stephanie Schultz, 913-397-8200 [email protected]