Garmin Ltd., (NASDAQ: GRMN), the global leader in satellite navigation,
announced today that it has been selected to be the exclusive official
supplier of marine navigation, marine communication, and marine sensor
equipment to the 34th America’s Cup.
A full suite of Garmin electronics, which includes the award-winning
GPSMAP® 7000 series of touchscreen multi-function displays
(MFDs), will outfit the fleet of support boats used for the AC45 World
Series, AC72 World Series, as well as the Louis Vuitton Cup, the
America’s Cup Challenger Series and the America’s Cup Finals.
In collaboration with the America’s Cup Event Authority (ACEA), Garmin
has developed tools that enable the most responsive management of the
fleet of mark and marshal boats than ever possible before. America’s Cup
mark and marshal boats can now be tracked and dispatched in real time.
If conditions permit, this technological addition will give officials
the ability to change the race course faster than has ever been possible
in the past.
"We’re honored to have the opportunity to collaborate with the America’s
Cup competition, bringing Garmin’s reputation for quality, commitment,
performance and world-class support to the sailboat racing community,”
said Engelhard Sundoro, Garmin’s director of marine OEM sales and
marketing. "There’s no larger stage in sailing than America’s Cup, and
Garmin gets to illustrate our ability to deliver customized systems to
the marine industry while showcasing our technology to the best crews
and fans in the world.”
"As we work to transform the America’s Cup and broaden its appeal
globally, we are making a significant investment in technology to make
the event more competitive on the water and more compelling off,” said
Stan Honey, ACEA, Director of Technology. "Our partnership with Garmin
has resulted in a set of tools that empowers our race management team to
create world-class courses that will start and stop on time, something
that has not been easy to achieve in a sport dependent upon the wind.”
This agreement, which includes the America’s Cup World Series; the Louis
Vuitton Cup, The America’s Cup Challenger Series; and the America’s cup
Finals in 2013, will provide key products, including Garmin’s 12- and
15-inch GPSMAP 7000 series MFDs, to the support boats throughout the
various stages of competition. The touchscreen chartplotters selected by
the America’s Cup offer the ultimate in usability and intuitive control.
During the races, the support staff can quickly and easily interact with
the device, without hesitation on which button or knob to use to
complete the command. These top-of-the-line MFDs feature Garmin G
Motion™ technology that enables them to react with the high-speed
responsiveness and performance needed in the race environment.
For the ultimate in situational awareness, race officials will also have
access to premium mapping features with BlueChart® g2 Vision®
functionality. BlueChart g2 Vision gives the user access to a growing
database of high-resolution satellite imagery and 3-D "Mariner’s Eye”
and underwater "Fish Eye” perspective views, plus utilizes Auto Guidance
technology to suggest the best routes to follow. Other equipment
selected by the America’s Cup to equip their support boats include a VHF
300i marine radio, AIS 600 transceiver, GMR™ 24HD radar, GMI™ 10 marine
instrumentation, GHP™ 10V autopilot system and GSD™ 22 digital sounder.
Since its inception in 1989, Garmin has delivered 85 million GPS enabled
devices – far more than any other navigation provider. Garmin’s market
breadth in the GPS industry is second to none, having developed
innovative products and established a leadership position in each of the
markets it serves, including automotive, aviation, marine, fitness,
outdoor recreation, tracking, and wireless applications.
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. 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 www.garmin.com/pressroom
or contact the Media Relations department at 913-397-8200. Garmin,
GPSMAP, BlueChart and g2 Vision are registered trademarks, and G Motion,
GMR, GMI, GHP and GSD 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. All statements regarding the company’s future product
introductions are forward-looking statements. 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 25, 2010, 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 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.
About the America’s Cup
Nearly 160 years old, the America’s Cup is the oldest trophy in
international sport. The America’s Cup has evolved into one of the
world's leading sporting competitions – featuring the best sailors on
the world’s fastest boats, the wing-sailed AC45 and AC72 catamarans. The
new America's Cup World Series begins its inaugural season August 2011.
In the summer of 2013, the 34th America's Cup begins with the Louis
Vuitton Cup July 4-September 1, followed by the America's Cup Finals
September 7-22. For more information, visit www.americascup.com.
