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Bravo! Tour de France: Garmin takes podium in Paris as Tour's top team


Singapore/ July 25, 2011 - Garmin Corporation, a unit of Garmin Ltd., the global leader in satellite navigation, today announced The Tour de France ended Sunday for Team Garmin-Cervelo just as it began - with the argyle armada atop the podium. In a three-week race that saw Team Garmin achieve its first of many objectives on the second day by winning the Stage 2 Team Time Trial, their best Tour by far wrapped up on the Champs Elysees when they accepted the award for being the best overall team. Even Dave Zabriskie, who was so instrumental in the Team Time Trail and setting the pace in the Tour's early days, was there in spirit after crashing out with a broken wrist. While our own Captain America recovers back home, the team carried a cardboard cut-out of DZ (far right) up on stage to round out the roster (and he even had the same sly smile).

 

 

Thanks to impressive showings in Saturday's individual time trial, Tom Danielson finished an amazing ninth overall in the general classification in his debut, and fellow GC riders Christian Vande Velde and Ryder Hesjedal secured three Garmin spots in the Tour's top 18. These accomplishments added to an already impressive list that included world champion Thor Hushovd spending a week in the leader's yellow jersey, and four stage victories - the Team Time Trail, Thor's two wins in the mountains and American sprinter Tyler Farrar's emotional triumph on the Fourth of July.

 

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About Garmin Corporation
Garmin Corporation, is a unit 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.  Garmin, Bluechart, City Navigator, Colorado, Foretrex and Oregon are registered trademarks and Dakota, is a trademark of Garmin Ltd. or its subsidiaries.

Notice on forward-looking statements:
This release includes forward-looking statements regarding Garmin Ltd. and its business. All statements regarding the company’s 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 27, 2008, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of Garmin’s 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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