Regal Boats Will Showcase Garmin® Marine Electronics in 2010
OLATHE, Kan.--(BUSINESS WIRE)--Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, today announced that it has been selected by Regal Boats as the exclusive electronics provider for their 2010 product line of luxury performance runabouts, cruisers and sport yachts. This new OEM partnership is being announced in conjunction with the International Boatbuilders’ Exhibition and Conference.
“As one of the largest family-owned-and-operated boat manufacturing companies in the world, Regal is known throughout the industry for its top-tier customer satisfaction and award-winning workmanship, attributes exemplified by Garmin’s legacy of innovation,” said Greg DeVries, Garmin’s director of marine sales and marketing. “We are very pleased that Regal has chosen Garmin electronics, and are confident that future customers will enjoy the added confidence and advanced technology onboard.”
Over two dozen Regal boat models will be offering Garmin electronics as standard selections on the equipment list, including the industry’s most sophisticated array of touchscreen chartplotters, high-definition closed and open-array radars, VHF radios and an XM satellite weather/audio antenna. For increased confidence at the helm, Regal will be one of the first OEM manufacturers to offer factory installation of Garmin’s GHP™ 10V Marine Autopilot for use with Volvo Penta’s Inboard Performance Systems (IPS) and Sterndrive Joystick systems. The GHP 10 autopilot system will also be offered for auto-guided navigation, and both autopilot systems feature Garmin’s patented Shadow Drive™ technology – a patented capability that automatically disengages the autopilot if the helm is turned, allowing the helmsman to maneuver the boat.
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 trademark and GHP and Shadow Drive are 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. All statements regarding the company’s future product introductions are forward-looking statements. 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 27, 2008, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of Garmin’s Form 10-K can be downloaded 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.