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Press release from Business Wire

Measure Where it Matters — Garmin® Vector™

Wednesday, August 07, 2013

Measure Where it Matters — Garmin® Vector™

07:00 EDT Wednesday, August 07, 2013

OLATHE, Kan. (Business Wire) -- Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, today announced the availability of its highly anticipated Vector – a high-precision pedal-based power meter – designed for cyclists, by cyclists. Vector is a lightweight direct measurement power meter, 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. Vector is available immediately and will be prominently displayed at Eurobike, Interbike and the Ironman World Championships in Kona, HI.

Garmin Vector (Photo: Business Wire)

Garmin Vector (Photo: Business Wire)

“We are grateful for the understanding of cyclists who have followed Vector's progress and allowed us to ensure that Vector exceeds industry standards,” said Dan Bartel, Garmin's vice president of worldwide sales. “We are thrilled to share Vector with the world and allow cyclists to see first hand the richness in data and capabilities that come from the combination of our location of measurement – the pedals – and Vector's sensor design. 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,” Bartel continued.

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 initial set-up is made easy with an Edge® head unit. 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 composite pedals are LOOK Keo compatible, have a stainless steel wearplate, 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 and the Vector Updater application. To see Vector in action, go to www.garmin.com/Vector.

Wizardry behind the watts: Vector delivers an objective, repeatable value for training and assessing performance – watts, the rate of energy produced by the cyclist. It is an invaluable tool in helping racers and enthusiasts understand strengths and weaknesses in order to train more effectively and get stronger and faster on the bike. Due to these benefits, professional cyclists were early adopters of power meters, and today nearly the entire pro peloton trains or races with power meters. 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 810/800, Edge 510/500 cycling computer or a Forerunner® 910XT, 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 also display in real-time the widely adopted power metrics from TrainingPeaks™: Normalized Power (NP™), Intensity Factor (IF™) and Training Stress Score (TSS™).

"Team Garmin-Sharp is excited about the availability of Vector and the potential it gives us to measure our training and performance," said Robby Ketchell, Director of Sport Science, Garmin-Sharp Professional Cycling Team. "The data Vector supplies will give us more opportunities to analyze information and provide guidance to our riders."

Complete the suite: For post-ride analysis, mapping, course and workout creating and detailed power metrics, Garmin Connect™ is a tool for every level of cyclist. With over 3 billion miles logged, users will never be stuck without a new route to explore. At Garmin Connect, cyclists can explore other users' 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 is available immediately from independent bike dealers and will have a suggested retail price of $1,699.99. Vector is the latest solution from Garmin's expanding fitness segment, which focuses on developing technologies and innovations to enhance users' lives and promotes healthy and active lifestyles. Whether it's running, cycling, or other athletic pursuits, Garmin fitness devices are becoming essential tools for athletes both amateur and elite. For more about features, pricing and availability, as well as information about Garmin's other fitness products and services, go to www.garmin.com/intosports, www.garmin.blogs.com and http://twitter.com/garmin.

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 29, 2012, 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.

Garmin International Inc.
Justin McCarthy, 913-397-8200
media.relations@garmin.com

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