Garmin® announces product sponsorship of five professional cycling teams

09 Mayo 2016, 00:00 AM CDT

OLATHE, Kan.–(BUSINESS WIRE)–Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today
announced product sponsorships of five professional cycling teams for
the 2016 season, including three World Tour teams and two mountain
biking teams. Garmin will continue to sponsor Cannondale Pro Cycling and
Movistar Team, and for the first year will sponsor Team Lampre-Merida.
Additionally, Garmin will support the mountain biking teams Trek Factory
Racing and LUNA Pro Team.

“We are extremely excited to continue strong involvement in professional
cycling with our support of these five teams,” said Jon Cassat, Garmin
vice president of communications. “We have long been a leader of cycling
technology and we are proud to provide our cutting edge products for
training and race day as teams Cannondale, Movistar, Lampre-Merida, Trek
Factory Racing and LUNA Pro race throughout the season.”

All teams will ride with one of the Edge® cycling computers with select
teams using various additional Garmin fitness products including the
Vector™ pedal-based power system, Varia™ cycling awareness
products, the vívosmart® HR activity tracker and the Index smart scale.
Cannondale Pro Cycling and Team Lampre-Merida will also use the Drive™
and dēzl™ automotive navigation products.

“We are excited to continue our long-standing partnership and friendship
with Garmin,” said Matt Johnson, Slipstream Sports president. “They have
been part of the foundation of this team since its inception. Both
parties benefit: the technical feedback from our athletes further fuels
Garmin’s leadership position in the market, and their constant
innovation allows us the best technical equipment.”

“The Vectors are great for understanding and improving pedaling
mechanics and diagnosing muscle imbalances,” said Alex Howes, Cannondale
Pro Cycling rider. “Being able to see pedaling balance in real time is
extraordinarily valuable.”

“I find the Garmin Edge 520 incredibly reliable as a training tool and
during racing it gives me an amazing amount of important information
that can honestly change how I race the race,” said Rory Sutherland,
Movistar Team rider.

“We could not have a better cooperation for our team than the one with
Garmin, which will help us to improve and support the activity of our
athletes,” said Brent Copeland, Team Lampre-Merida team manager. “It is
very interesting to point out that the supply from Garmin will cover
different areas: the monitoring and the data collection during races and
trainings thanks to the GPS cycling computers, the safety thanks to the
Varia Bike Radar, the health area thanks to the Index Smart scale and
the instruments vívosmart HR, the logistic thanks to the GPS navigation
devices. The relevance of the Milano-Sanremo was appropriate for the
starting partnership with Garmin and we’re sure that together we’ll
achieve interesting results.”

The ever-expanding Garmin fitness segment develops technologies to
enhance and promote healthy and active lifestyles. Whether users are
runners, cyclists, swimmers, multi-sport athletes, or simply looking to
stay active throughout the day, there is a product that can help them
reach their health and fitness goals.

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, Edge and vívosmart are registered
trademarks. Vector, Varia, Drive and dēzl are trademarks 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.