Garmin Certified as Official Supplier to Independent Boat Builders Incorporated

OLATHE, Kan.— Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, today announced that it has been approved as a certified supplier of marine electronics for Independent Boat Builders Incorporated (IBBI), a purchasing cooperative of 20 highly-respected member/owners that manufacture more than 40 boat brands.

“We are thrilled to be working with IBBI. Its members are known for building high quality, dependable boats – two traits that Garmin prides itself in as well,” said David Dunn, Garmin’s senior manager of marine sales. “We look forward to establishing close ties with these manufacturers and providing them with excellent products and technical expertise for many years to come.”

Garmin is one of only two marine electronics providers that is certified by IBBI to work with its members, which include boat brands designed for the fishing, cruising, and skiing markets.

“We are very excited to have Garmin as an IBBI supplier, said Tom Broy, president of IBBI. “We are impressed by Garmin’s innovative products and passionate associates. Their equipment should be a perfect fit for our OEMs as well as a great benefit to the consumer.”

Garmin’s portfolio includes some of the industry’s most sophisticated chartplotters and touchscreen multifunction displays, sonar technology, high-definition radar, autopilots, high-resolution mapping, sailing instrumentation and other products and services that are known for innovation, reliability, and ease-of-use.

For over 25 years, 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.