Garmin® prevails in Navico patent dispute

Navico’s patent claims determined to be invalid by the Federal Circuit

Tuesday, June 13, 2017 12:18 pm CDT

Dateline:

OLATHE, Kan.

Public Company Information:

NASDAQ:
GRMN
KYG372601099
"Despite Navico’s flood of lawsuits, and harassment of Garmin’s dealers, distributors, and customers, the industry stood by us during this difficult and unnecessary fight and for that, we are extremely grateful. We look forward to a great 2017 filled with exciting new Garmin products."

OLATHE, Kan.--(BUSINESS WIRE)--Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), announced today that the Court of Appeals for the Federal Circuit (Federal Circuit) reversed a December 2015 finding by the International Trade Commission (ITC) that Garmin had infringed Navico patents related to downscan sonar. Specifically, the Federal Circuit ruled that two of Navico’s patents were invalid and that Garmin’s DownVü sonar does not infringe a third Navico patent.

The Federal Circuit’s decision not only reverses the ITC’s original orders, but supersedes all related rulings by U.S. Customs and the ITC, including an initial determination that Garmin should be subject to a $37 million fine for selling DownVü products. Garmin is now free to import and sell any and all sonar products.

“The Federal Circuit’s sweeping decision, finding that Navico’s downscan technology was an obvious modification of old sonar systems, puts an end to Navico’s unfounded and vicious patent war against Garmin,” said Andrew Etkind, Garmin’s vice president and general counsel. “Not only does the Federal Circuit’s decision eliminate the ongoing disputes at the ITC, it renders Navico’s other lawsuits in Oklahoma and Texas without merit.”

“This ruling confirms our strong belief that Navico’s patent claims were not supported by the facts,” said Cliff Pemble, Garmin’s chief executive officer. “Despite Navico’s flood of lawsuits, and harassment of Garmin’s dealers, distributors, and customers, the industry stood by us during this difficult and unnecessary fight and for that, we are extremely grateful. We look forward to a great 2017 filled with exciting new Garmin products.”

A copy of today’s Federal Circuit order can be found here.

Garmin was recently named Manufacturer of the Year for the second year in a row by the NMEA, an honor given to the most recognized marine electronics company for support of products in the field. Garmin’s portfolio includes some of the industry’s most sophisticated chartplotters and touchscreen multifunction displays, sonar technology, high-definition radar, autopilots, high-resolution mapping, sailing instrumentation, and other products and services that are known for innovation, reliability, and ease-of-use.

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 Garmin's virtual pressroom at garmin.com/newsroom, contact the Media Relations department at 913-397-8200, or follow us at facebook.com/garmin, twitter.com/garmin, or youtube.com/garmin.

About Garmin

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 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. 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 31, 2016, 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.

Contact:

Garmin International, Inc.
Carly Hysell, 913-397-8200
media.relations@garmin.com

Business Wire NewsHQSM