Firstbeat

Garmin announces opening of Firstbeat Analytics Lab

Innovative fitness lab and testing facility leverages Firstbeat Analytics to help athletes reach their goals with science-backed confidence

OLATHE, Kan./July 26, 2023/PR Newswire – Garmin (NYSE: GRMN) is pleased to announce the opening of the Firstbeat Analytics Lab in Jyväskylä, Finland — a new, state-of-the-art research and testing facility packed with custom-designed fitness equipment, instrumentation systems and proprietary monitoring technology that will be leveraged by Garmin physiologists and data scientists to create even more innovative features for Garmin smartwatches, cycling computers and advanced wellness products. Acquired by Garmin in 2020, Firstbeat Analytics transforms heartbeat data from consumer devices into meaningful information and suggestions to enhance the performance and wellbeing of athletes everywhere.

“We are thrilled to have the new Firstbeat Analytics Lab here in Finland. Since its beginnings 20 years ago, Firstbeat Analytics has employed some of the best physiologists and scientists in the world and now, combining that talent with the revolutionary equipment and technology in the new lab, we’re confident that it will foster innovation and help create cutting-edge features for future Garmin products.” – Aki Pulkkinen, Firstbeat Analytics Managing Director

As one of the most prominent physiological analytics companies in the world, Firstbeat Analytics helps power many of the features that are popular with Garmin users, including:

The Firstbeat Analytics Lab launched in 2022 with a soft opening and reached its full operational capabilities in 2023. Learn more about how Garmin technology is helping athletes train here.

Engineered on the inside for life on the outside, Garmin products have revolutionized life for runners, cyclists, swimmers and athletes of all levels and abilities. Committed to developing technology that helps people stay active and elevate performance, Garmin believes every day is an opportunity to innovate and a chance to beat yesterday. Visit the Garmin Newsroomemail our media team, connect with @garmin on social, or follow our blog.

1 This is not a medical device and is not intended for use in the diagnosis or monitoring of any medical condition; see Garmin.com/ataccuracy. Pulse Ox is not available in all countries.

About Garmin International, Inc.

Garmin International, Inc. is a subsidiary of Garmin Ltd. (NYSE: 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 and Firstbeat Analytics, Body Battery and Garmin Connect 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 31, 2022, filed by Garmin with the Securities and Exchange Commission (Commission file number 0001-411180). 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.

Contact

Stephanie Schultz
Garmin International, Inc.
Phone | 913-397-8200
E-Mail | [email protected]

Public Company Information

NYSE: GRMN