Garmin, the Sat-nav giant, slashes prices

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August 23rd, 2007 Leave a comment Visited 21 times, 1 so far today

Garmin, the Sat-nav giant, slashes prices

Garmin announced today that it is cutting the price of two of its best-selling in-car sat-nav systems, the nüvi 200 and 250 models by more than 12 per cent. It is also reducing the price of the zūmo, its dual sat-nav for motorbikers and motorists. They already offer all the benefits of a premium system at a fraction of the price, but now Garmin is offering consumers even more value for their money by reducing the price further.

The nüvi 200 will be slashed from its previous Recommended Retail Price (RRP) of £169.99 to £149.99 and the nüvi 250 will now cost RRP £179.99, reduced from £199.99. The nüvi 200 comes with full UK and Ireland mapping whilst the 250 includes Europe as well, making it the perfect choice for those looking to escape our dismal British summer.

Both systems feature the intuitive “where to?” and “view map” welcome screen that allows users to quickly find a specific street address or establishment’s name, or search for a destination by category. Turn-by-turn, voice prompted directions then guide the driver (or pedestrian) to their destination. If they miss a turn along the route, the nüvi automatically recalculates a route and gets them back on track.

Garmin’s dual sat-nav for both cars and motorbikes is also being reduced. The zūmo is designed to stand the rigours of the open air, is waterproof and glove-friendly with left-handed controls and oversized touchscreen buttons.

The zūmo 550 has European mapping, Bluetooth “hands-free-to-helmet” wireless technology capability, pre-loaded safety camera information, a fuel gauge monitor, and a dependable locking mount. It also comes with an automotive mount to fit into a car. It has been reduced from an RRP of £499.99 to £449.99. The zūmo 500D which has regional mapping with European mapping on DVD will now cost £349.99, down from £399.99. The zūmo 400 has been reduced from an RRP of £349.99 to £299.99

These newly reduced products continue Garmin’s evolution of the personal navigational device (PND) – ideal for those consumers that want excellent value for money without compromising on style or quality. All models are exceptionally easy to use and are small enough to put in a your pocket or handbag so you can take them anywhere – from vehicle to vehicle or even out on the street if you’re a pedestrian in unfamiliar territory. Plus at this exceptional price, the nüvi 200 or 250 are a must-have purchase for anyone out and about this summer.

For more information, visit www.garmin.co.uk

About Garmin
Garmin (Europe) Ltd. is a member of the Garmin Ltd. (Nasdaq: GRMN) group of companies which designs and manufactures navigation, communication and information devices – most of which are enabled by GPS technology. Garmin is a leader in the general aviation and consumer GPS markets and its products serve aviation, marine, outdoor recreation, automotive, wireless and OEM applications. Garmin Ltd. is incorporated in the Cayman Islands, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. For more information visit Garmin’s media centre at www.garmin.co.uk/mediacentre. Garmin and nüvi are registered trademarks of Garmin Ltd. and zūmo 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.

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 and expected product availability dates 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 30, 2006 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.

For more information please contact:

Hannah Mercer or Clare Lush
GCI London
020 7072 4109 / 020 7072 4226
hmercer {at} gciuk(.)com / clush {at} gciuk(.)com





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