OLATHE, Kan., May 24 – Garmin International Inc., a unit of Garmin Ltd. (NASDAQ:GRMN) , today announced the GPS 18 — a GPS sensor bundled with nRoute(TM) software that lets users turn their laptop PC into a powerful street navigation tool.
"Many travelers are looking for an easy and inexpensive way to get more out of their laptops, and the GPS 18 delivers," said Gary Kelley, Garmin’s director of marketing. "The system includes a powerful GPS receiver, street- level mapping software of North America, and an easy-to-use interface — all signature features of Garmin products."
The nRoute software is bundled with detailed MapSource(R) City Select(R) map data of the entire United States and metropolitan areas in Canada. The system offers turn-by-turn auto-routing and voice prompt navigation to virtually any address, and features more than five million points of interest including gas stations, restaurants, hotels, and attractions.
The 12-parallel channel, WAAS-enabled GPS 18 receiver is available in either a serial or USB connection. The receiver includes an integrated magnetic base and is less than three inches in diameter.
The GPS 18 is available in either a USB or serial configuration and both versions have an MSRP of $162.49. Both versions will be available in June 2004 and include a GPS 18 sensor, nRoute software with City Select North American data, automotive windshield mount, owners manual, and a quick start guide.
Garmin International Inc. is a member of the Garmin Ltd. (NASDAQ:GRMN) group of companies, which designs and manufactures navigation, communication and information devices — most of which are enabled by GPS technology. Garmin is a leader in the general aviation and consumer GPS markets and its products serve aviation, marine, outdoor recreation, automotive, wireless and OEM applications. Garmin Ltd. is incorporated in the Cayman Islands, 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://www.garmin.com/pressroom or contact the Media Relations department at 913-397-8200. GARMIN, MapSource, and City Select are registered trademarks, and GPS 18 and nRoute are trademarks of Garmin Ltd. or its subsidiaries.
This release includes forward-looking statements regarding Garmin Ltd. and its business. Any statements regarding the company’s future product introductions and expected product availability dates are forward-looking statements. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of risk factors affecting Garmin. Information concerning risk factors that could affect Garmin’s actual results is contained in the Annual Report on Form 10-K for the year ended December 27, 2003 filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of Garmin’s Form 10-K can be downloaded from http://www.garmin.com/aboutGarmin/invRelations/finReports.html .
Source: Garmin International Inc.