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Garmin® joins BMW® AG as a tier-one infotainment supplierGarmin (News - Alert) International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced that BMW AG has appointed Garmin as a tier-one supplier of infotainment computing modules for future BMW models. Garmin will be expanding its state-of-the-art automotive OEM manufacturing capability and capacity in order to serve BMW production requirements. "Being selected by BMW AG as a tier-one supplier of OEM infotainment products is a testament to our brand's growing capability and exceptional product quality in the auto OEM landscape," said Matt Munn, Garmin automotive OEM managing director. "We are honored by the confidence BMW AG has entrusted in Garmin as we look forward to delivering high-quality infotainment solutions." The Garmin 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 integrated vehicle navigation with comprehensive infotainment solutions. The company's diverse manufacturing capabilities support a broad range of in-vehicle electronic strategies for the automotive industry including intelligent video driving recorders and computing modules. Garmin has dedicated automotive OEM offices throughout the Americas, Europe and Asia. 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 the Garmin virtual pressroom at Garmin.com/newsroom, contact te media relations department at 913-397-8200, or follow us on facebook.com/Garmin, twitter.com/Garmin, or youtube.com/Garmin. About Garmin International (News - Alert) Inc.: 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 is a registered trademark. BMW is a registered trademark of Bavarian Motor Works AG. 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 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.
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