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Industry News For Dealers

Last Updated: Feb 22nd, 2007 - 09:41:02



Garmin" and theGPSstore.com Team Up Again In NASCAR Craftsman Truck Series
By Garmin PR
Feb 22, 2007, 09:40

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OLATHE, Kan./February 15, 2007/PR Newswire Û Garmin International Inc., a unit of Garmin Ltd. (Nasdaq: GRMN), today announced that it is again supporting the No. 08 theGPSstore.com/Garmin NASCAR Craftsman Truck, driven by Chad McCumbee in the 2007 season. McCumbee begins the season on Friday at the Daytona International Speedway.

ÏWe have worked with theGPSstore.com in previous years to support Chad and the Green Light racing team, and we start the 2007 season with even higher hopes,Ó said Dan Bartel, GarminÌs vice president of worldwide sales. ÏOur renewed support of Chad and the No. 08 team is a clear indication that we are committed to NASCAR and its legions of brand-loyal fans. Chad is a bright young star in the racing world, and we anticipate that heÌll be making a push for the checkered flag on a regular basis.Ó

Garmin is the premier provider of GPS (Global Positioning System) enabled devices and a leading designer and manufacturer of consumer electronics. GarminÌs n"vi" and StreetPilot" personal navigation devices are the standard by which others are judged Ò thanks to their elegant design, simple user interface, and rich set of features. Garmin also manufactures a variety of state-of-the-art GPS enabled products for boaters, hikers, hunters, runners, cyclists, and pilots. A retailer of Garmin products for more than ten years, theGPSstore.com sells virtually the entire lineup of Garmin navigation devices online.

ÏWeÌre pleased to have Garmin back for another year,Ó said Drew Reger, president of theGPSstore.com. ÏOver the years, weÌve learned that getting involved with NASCAR definitely helps raise awareness of and loyalty to our business, and thereÌs great synergy when Garmin attaches its name as well. Automotive GPS systems can benefit every race fan, so it's a natural fit for The GPS Store and Garmin to be involved in NASCAR.Ó

Founded in 1997 and based in Ocean Isle Beach, North Carolina, The GPS Store offers the most extensive selection of GPS units, accessories, and related equipment in one location. Simply known as the "World's Favorite Source for GPS" the company sells thousands of products globally via their website, www.thegpsstore.com. Regional consumers also have the opportunity to stop by the showroom at their North Carolina headquarters.

2006 marked Chad McCumbeeÌs rookie season in the Craftsman Truck series, where he finished second in Rookie of the Year competition Ò with nine top 15 finishes. Friday marks McCumbeeÌs first race at Daytona in a truck, but heÌs had experience at the superspeedway on the ARCA circuit.

ÏI think any experience at Daytona is going to be good to help you get all of the first time jitters out. Any time that you go to a big notorious track like Daytona, you need to learn where you need to be,Ó said McCumbee. ÏI definitely wouldn't count us out for the win.Ó

Garmin will feature NASCAR race previews, updates, and features on its blog site, located at http://garmin.blogs.com. For a complete selection of Garmin navigation products online, visit www.thegpsstore.com. For more information on Garmin, go to www.garmin.com.



About Garmin International Inc.
Garmin International, Inc. is a member of the Garmin Ltd. (Nasdaq:GRMN) group of companies which designs, manufactures, markets, and sells navigation, communication and information devices and applications -- most of which are enabled by GPS technology. Garmin is a leader in consumer and general aviation navigation and its products serve the automotive/mobile, outdoor/fitness, marine, and aviation markets. 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, n"vi, and StreetPilot are 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. All statements regarding the companyÌs 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 31, 2005 filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of GarminÌs 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.

 

 

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