Garmin® expands professional cycling team sponsorships

Category:

Tuesday, February 21, 2017 6:00 am CST

Dateline:

OLATHE, Kan.

Public Company Information:

NASDAQ:
GRMN
KYG372601099
"Garmin started sponsoring professional cycling teams nearly a decade ago, and we are excited to continue our commitment to the sport"

OLATHE, Kan.--(BUSINESS WIRE)--Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced sponsorship of nine professional cycling teams in 2017, including five world tour teams and four mountain biking teams.

Garmin will continue to sponsor the Cannondale-Drapac Pro Cycling Team and the Movistar Team, and welcomes the Astana Pro Team, FDJ Pro Team and Team Dimension Data for Qhubeka this year. Additionally, Garmin will continue its support of the following mountain biking teams: Trek Factory Racing, CLIF Pro Team, CUBE Action Team and Scott-SRAM.

“Garmin started sponsoring professional cycling teams nearly a decade ago, and we are excited to continue our commitment to the sport,” said Jon Cassat, Garmin vice president of communications. “As a leader in cycling technology, we are proud to provide the teams with top-of-the-line products – from GPS bike computers to cycling awareness accessories and multisport GPS watches – for training, racing and adventure in between.”

Several teams will be equipped with Garmin products to increase performance and help provide a safer cycling environment. Edge® cycling computers will provide data and key metrics to cyclists, as well as GPS and navigational support. The world’s first cycling radar, Varia™, will warn of vehicles approaching from behind, while a tail light brightens and flashes to alert drivers of a cyclist ahead. Additionally, many of the sponsored teams will use Garmin Forerunner® GPS running watches, fēnix® multisport GPS watches and a range of vívo activity trackers which will monitor the distance cyclists travel, the calories they burn and how much sleep they get every night. The teams will also benefit from the Garmin Index™ smart scale that measures weight, body fat, skeletal muscle mass and more.

The ever-expanding Garmin fitness segment develops technologies to enhance and promote healthy and active lifestyles. Whether users are cyclists, runners, swimmers, multi-sport athletes, or simply looking to stay active throughout the day, there is a product that can help them reach their health and fitness goals.

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 International 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 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 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.

Contact:

Garmin International Inc.
Stephanie Schultz, 913-397-8200
media.relations@garmin.com

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