Garmin® prevails in Navico patent dispute

Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN),
announced today that the Court of Appeals for the Federal Circuit
(Federal Circuit) reversed a December 2015 finding by the International
Trade Commission (ITC) that Garmin had infringed Navico patents related
to downscan sonar. Specifically, the Federal Circuit ruled that two of
Navico’s patents were invalid and that Garmin’s DownVü sonar does not
infringe a third Navico patent.

The Federal Circuit’s decision not only reverses the ITC’s original
orders, but supersedes all related rulings by U.S. Customs and the ITC,
including an initial determination that Garmin should be subject to a
$37 million fine for selling DownVü products. Garmin is now free to
import and sell any and all sonar products.

“The Federal Circuit’s sweeping decision, finding that Navico’s downscan
technology was an obvious modification of old sonar systems, puts an end
to Navico’s unfounded and vicious patent war against Garmin,” said
Andrew Etkind, Garmin’s vice president and general counsel. “Not only
does the Federal Circuit’s decision eliminate the ongoing disputes at
the ITC, it renders Navico’s other lawsuits in Oklahoma and Texas
without merit.”

“This ruling confirms our strong belief that Navico’s patent claims were
not supported by the facts,” said Cliff Pemble, Garmin’s chief executive
officer. “Despite Navico’s flood of lawsuits, and harassment of Garmin’s
dealers, distributors, and customers, the industry stood by us during
this difficult and unnecessary fight and for that, we are extremely
grateful. We look forward to a great 2017 filled with exciting new
Garmin products.”

A
copy of today’s Federal Circuit order can be found here.

Garmin was recently named Manufacturer of the Year for the second year
in a row by the NMEA, an honor given to the most recognized marine
electronics company for support of products in the field. Garmin’s
portfolio includes some of the industry’s most sophisticated
chartplotters and touchscreen multifunction displays, sonar technology,
high-definition radar, autopilots, high-resolution mapping, sailing
instrumentation, and other products and services that are known for
innovation, reliability, and ease-of-use.

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 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 31, 2016, 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.
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