OLATHE, Kan./September 12, 2013/Business Wire — Garmin® International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, today announced a customized in-dash navigation system for the Mercedes-Benz Concept S-Class Coupé that will be showcased at the International Motor Show (IAA) in Frankfurt (September 12-22, 2013). The Garmin navigation solution features advanced 3D city models, including navigable roads, parks, rivers, and textured buildings. Garmin provides software as well as the hardware that is based on the company’s modular K2 infotainment platform. The Mercedes-Benz Concept Car will be on display at the Mercedes-Benz booth in the “Festhalle”.
“We’re thrilled that Mercedes-Benz chose Garmin to provide our next-generation navigation technology for their Mercedes-Benz Concept S-Class Coupé at IAA,” said Matt Munn, Garmin managing director automotive OEM. “Being part of the future vision of a premium car brand like Mercedes-Benz is a testament to Garmin’s leading position in the navigation space and our innovative infotainment platform technology.”
The Garmin navigation graphics are fully customized to meet the design language of the Mercedes-Benz concept car. The system boasts advanced 3D city models, including landmarks, roads, bridges, tunnels and other content. Garmin’s next-generation navigation core features industry-leading routing algorithms and road guidance.
Garmin’s infotainment system for the Mercedes-Benz concept car leverages the same version of the K2 hardware platform and navigation core that Garmin revealed at CES 2013. The innovative K2 platform has been designed and developed by Garmin’s automotive OEM group and is a fully customizable and scalable infotainment and navigation solution to meet the diverse needs of any car manufacturer.
In April 2013, Garmin announced that Daimler AG has selected Garmin as global navigation provider for future Mercedes-Benz models. Garmin’s award-winning navigation will be fully integrated into Mercedes-Benz infotainment systems over the next years.
Garmin’s automotive OEM group utilizes the company’s long-standing experience in user interface and hardware design from its automotive, avionics and marine segments to develop innovative in-car navigation, telematics and infotainment systems. Garmin’s broad range of in-vehicle electronics for the automotive industry includes full infotainment and telematics systems, navigation software, location-based services, and integrated portable navigation systems. Garmin has dedicated automotive OEM offices throughout the Americas, Europe and Asia.
About Garmin International Inc.
Garmin International Inc. is a subsidiary 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. A component of the S&P 500 index, Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. For more information, visit Garmin's virtual pressroom at www.garmin.com/pressroom or contact the Media Relations department at 913-397-8200. Garmin is a registered trademark of Garmin Ltd.
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Notice on Forward-Looking Statements:
This release includes forward-looking statements regarding Garmin Ltd. and its business. 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 29, 2012, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of such Form 10-K is available at http://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.