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Press release from Business Wire

Garmin® Brings Power to the People with Vector™

Thursday, August 18, 2011

Garmin® Brings Power to the People with Vector™07:00 EDT Thursday, August 18, 2011 OLATHE, Kan. (Business Wire) -- Garmin International Inc., a unit of Garmin Ltd. (NASDAQ:GRMN), the global leader in satellite navigation, today announced the unveiling of Vector – a high-precision pedal based power meter – designed for cyclists, by cyclists. Vector is the lightest weight direct measurement power meter on the market, and designed for quick installation, portability, and ease-of-use. Taking only minutes to install, Vector provides accurate and reliable power data and uniquely measures and presents right and left leg power balance to ANT+™ compatible head units. Garmin Vector (Photo: Business Wire) Vector was announced in preparation for a world unveiling tour beginning at Australia's Ausbike, then climbing to Germany's Eurobike, and finally sprinting to Las Vegas' Interbike where it will be prominently displayed at Garmin booths in each location. “We are excited to get this innovative product into your hands – and under your feet,” said Dan Bartel, Garmin's vice president of worldwide sales. “From picking it up at your local bike shop and installing at home in minutes, to giving you accurate and reliable total and independent leg power measurements, Vector becomes one of the most desirable solutions in the cycling market. It's similar to going from 2D to 3D,” Bartel continued. “There's a richness in data and capabilities that come from the combination of our location of measurement – the pedals – and Vector's sensor design.” Quick and easy: For many cycling enthusiasts, purchasing a power meter is an intimidating and potentially complicated process, often involving mechanical tradeoffs for their bikes. Vector simplifies the decisions and the process. Cyclists can now walk into their local bike shop, walk out with a Vector power meter in hand, and install it themselves in minutes. There's no need for a custom order process, no need for a mechanic, and no downtime while their bike is in the shop. With integrated cadence measurement, there are no external sensors to install, and all calibration is performed before the Vector power meter hits the store shelves. Vector's easy-to-install design makes it easy to swap between bikes, and easy to take to out-of-town events when renting or borrowing a bike. Vector's light weight and durable injected carbon fiber pedals are LOOK Keo compatible, and its ANT+ wireless pedal pod transmitters fit most major cranksets. Vector has also been designed to be easy to update as software enhancements are made, thanks to its ANT+ wireless technology. To see Vector in action, go to www.garmin.com/Vector. Wizardry behind the watts: Vector works by measuring the normal deflection in the pedal spindle as you pedal, throughout your entire pedal stroke. By comparing the measured deflection to a factory-calibrated deflection caused by a known load, Vector can determine how much force you're applying to the pedal. With force measurements, the cadence measurements from Vector's integrated accelerometers, and time, Vector accurately calculates watts. The force sensors are permanently and securely sealed within the pedal spindle, one of the most robust components on the bike. Get an ‘Edge' on the competition: For users already using a Garmin Edge® 800 or Edge 500 cycling computer, adding a Vector power meter will take their training to the next level. Not only will the Edge display total power, left and right leg power, and cadence, it will now also display in real-time the widely adopted power metrics from TrainingPeaks™: Normalized Power (NP ™), Intensity Factor (IF ™) and Training Stress Score (TSS ™). The Edge 800 adds a new interval summary page to enhance the power-based training experience. “Vector's easy-to-own design has the potential to make power-based training more accessible and usable by a broader range of athletes,” said Hunter Allen, founder of Peaks Coaching Group and widely regarded as a leading expert in training with a power meter. “In addition, by integrating the TrainingPeaks metrics of Normalized Power, Intensity Factor and Training Stress Score directly into the Edge head units for real-time display, Garmin continues to demonstrate a strong commitment to advancing power-based cycling tools.” Complete the suite: For post-ride analysis, mapping, course and workout creating and detailed power metrics, Garmin Connect™ is a tool for every level cyclist. With over 1 billion miles logged, users will never be stuck without a new route to explore. At Garmin Connect, cyclists can explore other user's workouts and send them directly to compatible Garmin fitness products to follow. Having all of their cycling electronics and analysis from one brand means they can trust the equipment, the user experience and the support. Vector will be available in March 2012 and will have a suggested retail price of $1,499.99. Vector is the latest breakthrough from Garmin, which has spent more than 20 years developing technologies and innovations to enhance users' lives, making Garmin a household name in the automotive, aviation, marine, wireless, outdoor and fitness industries. For more about features, pricing and availability, as well as information about Garmin's other products and services, go to www.garmin.com, www.garmin.blogs.com and http://twitter.com/garmin. To watch step-by-step, feature-specific tutorial videos for the Vector and other Garmin products, visit the online learning center at www.garmin.com/learningcenter. 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 and Vector are registered trademarks and ANT+ and Garmin Connect are trademarks of Garmin Ltd. or its subsidiaries. NP, TSS, and IF are trademarked by Peaksware, LLC. http://www.peaksware.com/ 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 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. Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6834104&lang=en. Garmin International Inc.Justin McCarthy, 913-397-8200media.relations@garmin.com