Garmin® acquires FltPlan.com, a leading electronic flight planning and services provider

SCHAFFHAUSEN, Switzerland–(BUSINESS WIRE)–Garmin Ltd. (NASDAQ: GRMN) today announced that it has acquired Flight
Plan LLC (FltPlan), a privately held provider of electronic flight
planning, scheduling, and trip support services, including the popular
website FltPlan.com and mobile application FltPlan Go.

FltPlan is one of the largest flight planning companies in the world,
creating more than 6.3 million flight plans annually. With 19 years of
experience and more than 165,000 registered users, FltPlan offers
comprehensive, self-service flight management solutions as well as
premium offerings ideal for Business and General Aviation operators.
Popular tools include a free flight planning and filing website,
FltPlan.com, available for U.S., Canada, Mexico, the Caribbean, Central
America, Panama, and parts of Venezuela and Columbia, as well as other
premium web-based offerings. The company also offers a complementing
free FltPlan Go app for iOS, Android, and Windows.

“We are excited to have the FltPlan team join the Garmin family,” said
Phil Straub, Garmin executive vice president and managing director,
aviation. “We look forward to combining the comprehensive flight
planning and flight management services available from FltPlan with our
robust lineup of products and services to provide an unmatched portfolio
of end-to-end services to our customers.”

In addition to the free FltPlan.com and FltPlan Go mobile app, the
company offers a range of premium services including: SMS (safety
management service), PDCs (pre-departure clearances), eAPIS and APIS
(advanced passenger information system) for Mexico, Canada and the
Caribbean, premium flight tracking, the unique DCM (dot com) call sign
program, and runway analysis. Newer programs from FltPlan.com include
both FltLogic and FltPlan Manager and offer a comprehensive suite of
services from scheduling and trip coordination to post-flight reporting.
All the company’s services and products are backed with outstanding
customer support offered 24/7 every day of the year.

“Thousands of pilots and operators depend on FltPlan.com every day for
their flight operation needs,” said Ken Wilson, founder of FltPlan.
“We’re looking forward to leveraging decades of experience and industry
leadership from Garmin to continue expanding and growing our service
offerings and geographical reach for customers.”

FltPlan is headquartered in Southbury, Connecticut and the facility will
continue to support the complete portfolio of FltPlan.com and FltPlan
Go, and will work to integrate those services into the Garmin aviation
ecosystem. Financial terms of the acquisition will not be released.

Garmin’s aviation business segment is a leading provider of solutions to
OEM, aftermarket, military and government customers. Garmin’s portfolio
includes navigation, communication, flight control, hazard avoidance, an
expansive suite of ADS-B solutions and other products and services that
are known for innovation, reliability, and value. For more information
about Garmin’s full line of avionics, go to garmin.com/aviation.

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

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.

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 30, 2017, 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. Carly Hysell, 913-397-8200 [email protected]