Garmin® Receives ODA Approval from FAA
Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, announced today that it has received Organization Designation Authorization (ODA) from the Federal Aviation Administration (FAA).
The ODA designation permits Garmin to conduct certain activities on behalf of the FAA, such as the authority to issue Supplemental Type Certificates (STCs) approving installations of Garmin avionics in aircraft. This delegation converts the existing Garmin Organization Designated Airworthiness Representative (ODAR) and Designated Alteration Station (DAS) organizations to ODA and extends the authority to include Garmin’s Salem, Oregon, facility.
“Garmin has a long history of working well with the FAA,” said Gary Kelley, Garmin’s vice president of marketing. “The ODA designation continues that legacy and reflects the high standards and experienced staff at Garmin. We are very proud to receive this ODA designation because it confirms our core principles of innovation, performance, quality, value and service.”
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 the Cayman Islands, 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 is a registered trademarks 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 29, 2007 and the Quarterly Report on Form 10-Q for the quarter ended September 27,2008, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). Copies of these filings are 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.