Garmin® joins BMW® AG as a tier-one infotainment supplier

Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today
announced that BMW AG has appointed Garmin as a tier-one supplier of
infotainment computing modules for future BMW models. Garmin will be
expanding its state-of-the-art automotive OEM manufacturing capability
and capacity in order to serve BMW production requirements.

“Being selected by BMW AG as a tier-one supplier of OEM infotainment
products is a testament to our brand’s growing capability and
exceptional product quality in the auto OEM landscape,” said Matt Munn,
Garmin automotive OEM managing director. “We are honored by the
confidence BMW AG has entrusted in Garmin as we look forward to
delivering high-quality infotainment solutions.”

The Garmin automotive OEM group utilizes the company’s long-standing
experience in user interface and hardware design from its automotive,
avionics and marine segments to develop integrated vehicle navigation
with comprehensive infotainment solutions. The company’s diverse
manufacturing capabilities support a broad range of in-vehicle
electronic strategies for the automotive industry including intelligent
video driving recorders and computing modules. Garmin has dedicated
automotive OEM offices throughout the Americas, Europe and Asia.

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 the Garmin virtual pressroom at Garmin.com/newsroom,
contact the media relations department at 913-397-8200, or follow us on 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.
BMW is a registered trademark of Bavarian Motor Works AG.

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. Cesar Palacios, 913-397-8200 [email protected]