Garmin® expands professional cycling team sponsorships
February 21 2017 - 7:00AM
Business Wire
Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN),
today announced sponsorship of nine professional cycling teams in
2017, including five world tour teams and four mountain biking
teams.
Garmin will continue to sponsor the Cannondale-Drapac Pro
Cycling Team and the Movistar Team, and welcomes the Astana Pro
Team, FDJ Pro Team and Team Dimension Data for Qhubeka this year.
Additionally, Garmin will continue its support of the following
mountain biking teams: Trek Factory Racing, CLIF Pro Team, CUBE
Action Team and Scott-SRAM.
“Garmin started sponsoring professional cycling teams nearly a
decade ago, and we are excited to continue our commitment to the
sport,” said Jon Cassat, Garmin vice president of communications.
“As a leader in cycling technology, we are proud to provide the
teams with top-of-the-line products – from GPS bike computers to
cycling awareness accessories and multisport GPS watches – for
training, racing and adventure in between.”
Several teams will be equipped with Garmin products to increase
performance and help provide a safer cycling environment. Edge®
cycling computers will provide data and key metrics to cyclists, as
well as GPS and navigational support. The world’s first cycling
radar, Varia™, will warn of vehicles approaching from behind, while
a tail light brightens and flashes to alert drivers of a cyclist
ahead. Additionally, many of the sponsored teams will use Garmin
Forerunner® GPS running watches, fēnix® multisport GPS watches and
a range of vívo activity trackers which will monitor the distance
cyclists travel, the calories they burn and how much sleep they get
every night. The teams will also benefit from the Garmin Index™
smart scale that measures weight, body fat, skeletal muscle mass
and more.
The ever-expanding Garmin fitness segment develops technologies
to enhance and promote healthy and active lifestyles. Whether users
are cyclists, runners, swimmers, multi-sport athletes, or simply
looking to stay active throughout the day, there is a product that
can help them reach their health and fitness goals.
For decades, 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. For more information, visit Garmin's virtual pressroom
at garmin.com/newsroom, contact the Media Relations department at
913-397-8200, or follow us at facebook.com/garmin,
twitter.com/garmin, or youtube.com/garmin.
About Garmin International Inc.
Garmin International Inc. is a subsidiary of Garmin Ltd.
(Nasdaq: GRMN). Garmin Ltd. is incorporated in Switzerland, and its
principal subsidiaries are located in the United States, Taiwan and
the United Kingdom. Garmin is a registered 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. 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 26, 2015, 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20170221005372/en/
Garmin International Inc.Stephanie Schultz,
913-397-8200media.relations@garmin.com
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