Garmin® completes acquisition of DeLorme®

Garmin Ltd. (NASDAQ: GRMN), announced today that it has completed the
acquisition of DeLorme, a privately-held company that designs and
markets consumer-based satellite tracking devices with two-way
communication and navigational capabilities.

“We are pleased to have the DeLorme team join the Garmin family,” said
Cliff Pemble, president and CEO of Garmin. “We are looking forward to
leveraging the outstanding expertise and skills of the DeLorme team to
enable the development of innovative products that will enhance the
lives of our customers.”

DeLorme pioneered the inReach series of affordable two-way satellite
communication devices for the consumer market. These GPS-enabled devices
allow the user to send and receive satellite text messages or trigger an
SOS for emergency help, anywhere in the world. In addition to inReach,
DeLorme has an extensive library of digital cartography and enterprise
GIS software, as well as traditional mapping.

Garmin will retain most of the DeLorme associates and will continue
operations at its existing location in Yarmouth, Maine. The facility
will operate primarily as a research and development office and the team
will continue to develop two-way satellite communication and
cartographic solutions. Financial terms of the transaction were not
released.

About Garmin Ltd.

Garmin Ltd. is incorporated in Schaffhausen, 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.

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.