Garmin Ltd.

Garmin Limited (Garmin) is a global provider of navigation, communications and information devices, which are enabled by global positioning system (GPS) technology. Garmin designs, develops, manufactures and markets a family of hand-held, portable and fixed-mount GPS-enabled products and other navigation, communications and information products for the automotive/mobile, outdoor/fitness, marine and general aviation markets. The segments of the Company are Marine, Automotive/Mobile, Outdoor/Fitness, and Aviation. In August 2008, Garmin announced that it has completed the acquisition of SatSignal- Equipamentos de Comunicacoes e de Navegacao, S.A., the distributor of Garmin’s consumer products in Portugal. The Company will be renamed Garmin Portugal- Equipamentos de Comunicacao e Navegacao, S. A. and will continue its operations. In December 2008, Garmin completed the acquisition of Sportmanship International AB, the distributor of Garmin’s consumer products in Sweden.