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 28, 2013, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of such Form 10-K is 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.
Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, announced today the GXM 42, a portable SiriusXM Aviation weather receiver which allows pilots to access new weather services made available by SiriusXM and their enhanced satellite network. The GXM 42 is the latest addition to a vast lineup of weather antenna receivers, which offers state-of-the-art SiriusXM Aviation data reception while making even more weather products available at a lower subscription tier. Furthermore, the base service now includes lightning, including cloud-to-cloud and cloud-to-ground activity, graphical winds aloft, temperatures aloft, AIRMETS, and SIGMETS, which were previously available within higher subscription levels. Similar to earlier generation antennas, the GXM 42 offers pertinent weather products such as radar, aviation routine weather reports (METARs), terminal aerodrome forecasts (TAFs), temporary flight restrictions (TFRs), turbulence forecasts, and more. Data subscriptions and coverage area information is available from SiriusXM. The GXM 42 is currently available for purchase starting at $599.00. SiriusXM is expected to offer a $300.00 SiriusXM Rewards VISA ® Prepaid Card rebate for new purchases with a qualifying subscription (certain conditions apply, expect more details to become available at http://www.siriusxm.com/sxmaviation). Furthermore, activation fees have been lowered to $25.00 and discounts are available to customers who choose to prepay for annual subscriptions with SiriusXM. Currently, the GXM 42 is compatible with the aera ® 796. Future compatibility with other current production portables is anticipated to follow this year. Visit http://www.garmin.com/ or contact a Garmin dealer for more information. Visit http://www.siriusxm.com/sxmaviation to learn more about these latest packages and for subscription information from SiriusXM. Garmin’s aviation business segment is a leading provider of solutions to OEM, aftermarket, military and government customers. Garmin’s portfolio includes navigation, communication, flight control, hazard avoidance, surveillance, and other products and services that are known for innovation, reliability, and value. For more information about Garmin’s full line of avionics, go to www.garmin.com/aviation, www.garmin.blogs.com and http://twitter.com/garmin. 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 Switzerland, 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, VISA, and aera are registered trademarks and GXM is a 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.