Garmin to Provide In-Dash Navigation for Future Mercedes-Benz Models
OLATHE, Kan./April 2, 2013/Business Wire — Garmin® International
Inc.,
a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, today announced
that
Daimler AG has selected Garmin as global navigation provider for future Mercedes-Benz models. Garmin’s
award-winning
navigation will be fully integrated into Mercedes-Benz infotainment systems over the next
four years.
“Being
selected by Daimler as their global tier-one navigation
solution partner is a testament to Garmin’s
growing capability and exceptional product quality
in the auto OEM space,” said Matt Munn, Garmin
managing director automotive OEM. “We are
honored by Daimler’s confidence in Garmin and we
look forward to working with them to deliver an
exceptional navigation experience for the world’s
most discerning drivers.”
Building
upon Garmin’s easy-to-use interface,
advanced navigation functionality will be seamlessly integrated
into the Mercedes-Benz infotainment systems
to provide an efficient and intuitive experience. In addition
to displaying navigation and maps on the
in-dash display, users will have access to important driver
information, such as next turn, at a glance
on a second display, positioned behind the steering wheel.
The Mercedes-Benz infotainment systems also
allow users to control navigation functions through the system’s
rotary controller or via voice
command functionality. Furthermore, Garmin’s next-generation navigation
software will provide critical
positioning information for Advanced Driver Assistance (ADAS) functionalities
of the vehicle to assist
drivers in challenging situations.
Garmin’s automotive
OEM group utilizes the
company’s long-standing experience in user interface and hardware design
from its automotive, avionics
and marine segments to develop innovative in-car navigation, telematics
and infotainment systems. Garmin’s
broad range of in-vehicle electronics for the automotive industry
includes full infotainment and telematics
systems, navigation software, location-based services, and
integrated portable navigation systems. Garmin
has dedicated automotive OEM offices throughout the Americas,
Europe and Asia.
About
Garmin International Inc.
Garmin
International Inc. is a subsidiary of Garmin Ltd.
(Nasdaq: GRMN), the global leader in satellite navigation.
Since 1989, this group of companies has designed,
manufactured, marketed and sold navigation, communication
and information devices and applications –
most of which are enabled by GPS technology. Garmin’s
products serve automotive, mobile, wireless,
outdoor recreation, marine, aviation, and OEM applications.
A component of the S&P 500 index, Garmin
Ltd. is incorporated in Switzerland, and its principal subsidiaries
are located in the United States,
Taiwan and the United Kingdom. For more information, visit Garmin’s
virtual pressroom at http://www8.garmin.com/company/newsroom/
or
contact the Media Relations department at 913-397-8200. Garmin is a registered trademark of Garmin
Ltd.
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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:
TThis 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 29,
2012, filed by Garmin with the Securities and Exchange Commission (Commission file
number 0-31983).
A copy of such Form 10-K is available at www.garmin.com/aboutGarmin/invRelations/finReports.html. No
forward-looking
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on which they
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