Garmin Wins Optical Heart Rate IP Dispute

Garmin (Europe) Limited, a unit of Garmin Ltd. (NASDAQ: GRMN), today announced that it has prevailed in an intellectual property dispute regarding Garmin's Elevate™ wrist-based heart rate monitoring technology. The UK High Court of Justice ruled that Garmin's technology did not infringe two Registered Community Designs owned by PulseOn Oy anywhere in the EU. PulseOn had previously discontinued during the trial its claim that Garmin copied its Elevate™ technology from PulseOn. PulseOn has not yet sought permission to appeal. As the overall winner of this litigation, Garmin expects to recover its costs in line with normally applicable procedures in the UK.

"We're pleased that the Court rejected PulseOn's allegations," said Andrew Etkind, Garmin vice president and general counsel. "Garmin's engineers develop incredible products. We are proud and resolute to fight those who abuse the legal system falsely to take credit for Garmin's own technology or to make unfounded claims of infringement of IP rights."

Garmin was represented by a team led by Ari Laakkonen of Powell Gilbert LLP and Hugo Cuddigan QC.

For decades, Garmin has pioneered new GPS navigation and wireless devices and applications that are designed for people who live an active lifestyle. Garmin serves five primary business units, including automotive, aviation, fitness, marine, and outdoor recreation. For more information, visit Garmin's virtual pressroom at garmin.com/newsroom, contact the Media Relations department at 913-397-8200, or follow us at facebook.com/garmin, twitter.com/garmin, or youtube.com/garmin.

About Garmin (Europe) Limited

Garmin (Europe) Limited is a subsidiary of Garmin Ltd. (Nasdaq: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin is a registered trademark and Elevate 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.

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