Introducing HRM-Tri™ and HRM-Swim™ – The First Heart Rate Monitors for Land and Water from Garmin®

Garmin International Inc., a unit of Garmin Ltd. (NASDAQ:GRMN), today
announced HRM-Tri and HRM-Swim, the company’s first underwater heart
rate monitors. Featuring compact and comfortable designs for minimal
drag through the water, triathletes and swimmers can take their training
to the next level with HRM-Tri and HRM-Swim. Storing up to 20 hours of
heart rate data during swims, both forward data on to a compatible
Garmin device¹ at the end of a session and send real-time
heart rate to the watch when the monitor is out of the water.

“Last fall we introduced our Forerunner 920XT multisport watch, our most
advanced all-in-one solution for triathlon training,” said Dan Bartel,
Garmin vice president of worldwide sales. “The HRM-Tri and HRM-Swim add
another level for triathletes and swimmers, offering them the most
comprehensive data to help them train for and achieve their goals.”

Specifically designed for triathletes, HRM-Tri is the smallest and
lightest heart rate monitor from Garmin, capturing heart rate data
during every leg of the race. The HRM-Tri features an easily adjustable
strap with soft, rounded edges and covered seams for maximum comfort
outside of the water as well, where it can provide advanced running
dynamics², including cadence, vertical oscillation and ground
contact time.

With a unique, non-slip strap design, HRM-Swim is ideal for capturing
heart rate while training in the pool. Durable and compact, the strap
stays in place during push-offs and creates minimal drag through the
water. It stores heart rate data underwater and forwards it after the
swim to a connected compatible device. It will also send real-time heart
rate and interval summaries when the monitor and compatible watch are
out of the water during rests.

Being user-replaceable, the HRM-Tri battery lasts up to 10 months and
the HRM-Swim lasts up to 18 months. Following a workout or race, users
can analyze their heart rate data in-depth on Garmin Connect™ and Garmin
Connect Mobile, a free community where users can save, plan and share
activities, use social media sharing and live track. Users can view
detailed metrics of their activities, from brick workouts to pool swims,
including pace, strokes, SWOLF, heart rate graphs, mapping and more.

HRM-Tri and HRM-Swim will begin shipping in Q3 and will be available
individually for a suggested retail price of $129.99 and $99.99,
respectively, or as an accessory bundle for $199.99. A special edition
Forerunner 920XT Tri Bundle will also be available, which includes a
black/silver Forerunner 920XT, HRM-Tri, HRM-Swim and quick release kit,
for a suggested retail price of $599.99.

For more than 25 years, 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.

¹HRM-Tri and HRM-Swim fully compatible devices: Forerunner®
920XT, fēnix® 3, epix™

²Advanced running dynamics compatible devices: Forerunner®
920XT, Forerunner® 620, fēnix® 3, fēnix® 2, epix™

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, Forerunner and fēnix are registered trademarks.
HRM-Tri, HRM-Swim, Garmin Connect and epix are trademarks 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 27, 2014, 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.

FCC Notice:

The HRM-Tri and HRM-Swim have not been authorized as required by the
rules of the Federal Communications Commission. These devices are not,
and may not be, offered for sale or lease, or sold or leased, until
authorization is obtained.