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Garmin Completes Acquisition of Italian Distributor

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OLATHE, Kan./November 27, 2007/PR Newswire/ - Garmin Ltd. (NASDAQ: GRMN) announced today that it has completed the acquisition of Synergy S.p.A. (“Synergy”), the distributor of Garmin’s consumer products in Italy.  The company will be renamed Garmin Italia S.p.A. and will retain its management, sales, marketing and supporting staff consisting of approximately 40 people and will continue operations at its offices in Milan.

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Garmin Ltd. Extends Agreement with NAVTEQ

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Cayman Islands/DATE/PR Newswire — Garmin Ltd. (Nasdaq: GRMN) announced today that its subsidiaries, Garmin International Inc and Garmin Corporation, have signed a six-year extension to their agreement with NAVTEQ, a leading provider of digital map data for location based solutions and vehicle navigation.

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Garmin Awarded Supplemental Type Certificate for G1000 Equipped King Air C90

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OLATHE, Kan./November 15, 2007/PR Newswire — Garmin International Inc., a unit of Garmin Ltd. (Nasdaq: GRMN), is pleased to announce the Federal Aviation Administration (FAA) has granted a supplemental type certification (STC) for the G1000 avionics suite in the King Air C90A/GT.  This is Garmin’s first G1000 retrofit STC and it paves the way for future G1000 retrofit installations such as the King Air 200 and B200, a G1000 retrofit program Garmin announced in November 2007 at the National Business Aviation Association convention.

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Garmin and TomTom Reach Global Settlement of Litigation

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CAYMAN ISLANDS/November 15, 2007/PR Newswire - Garmin Ltd. (Nasdaq: GRMN) announces today a confidential global settlement of all of its intellectual property litigation with TomTom.  The settlement resolves all of the pending intellectual property litigation including cases in the UK, Netherlands, Wisconsin, and Texas. The parties did not disclose details of their agreement.

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The Entrepreneur of the Year in Dalarna 2007

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The Entrepreneur of the Year in Dalarna 2007The CEO and co-founder of CTEK Sweden, Bengt Wahlqvist has been awarded The Entrepreneur of the Year in Dalarna 2007. The award was given during a gala dinner held in Falun, which the regions’ celebrities and business profiles attended. Behind the initiative of this award and the other 7 categories stands Dalarna Business, an organisation dedicated to developing business in the region as well as raising the awareness among the local population and inspiring them to set up their own businesses.
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Garmin Announces Organizational Changes to Aviation Sales and Marketing Team

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OLATHE, Kan./November 12, 2007/PR Newswire/ - Garmin International Inc., a unit of Garmin Ltd. (Nasdaq: GRMN), is pleased to announce organization changes within the aviation sales and marketing team. These changes are effective immediately and are designed to position Garmin’s aviation sector for continued expansion in all facets of the general aviation market.

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Garmin Ltd. intends to make a cash offer for Tele Atlas N.V.

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Garmin Ltd. (NASDAQ: GRMN) announced today that it notified the supervisory and managing boards (collectively the “Boards”) of Tele Atlas N.V. (“Tele Atlas” or “the Company”) today of its intention to make a public offer for all the outstanding shares of Tele Atlas N.V. on a fully diluted basis at an indicative offer price of €24.50 in cash per share (the “Offer”), implying an equity value for the Company of €2.3 billion.
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Garmin® Signs Letter of Intent to Acquire Danish Distributor

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CAYMAN ISLANDS/October 11, 2007/PR Newswire/ - Garmin Ltd. (NASDAQ: GRMN) announced today that it has signed a letter of intent for the proposed acquisition of Fairpoint Navigation A/S (“Fairpoint”), the distributor of Garmin’s consumer products in Denmark.  The completion of the acquisition is subject to the negotiation and execution of a definitive acquisition agreement, the completion of legal and financial due diligence and customary closing conditions.  The acquisition is expected to be completed in January 2008.
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Garmin® Bolsters Role in Fitness Industry Through Race Sponsorships, Forerunner 50 Release

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OLATHE, Kan./October 4, 2007/PR Newswire — Garmin International Inc., a unit of Garmin Ltd. (Nasdaq: GRMN), is going the extra mile this weekend at the Chicago Marathon. As part of its growing sponsorship program that focuses on many of the biggest races in the nation, Garmin is proud to contribute to the marathon that brings 45,000 runners to the hometown of its flagship retail store on Michigan Avenue. Also this weekend, runners and supporters will get their first chance to test and purchase Garmin’s newest fitness watch, the Forerunner 50.
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