Garmin 2005 Annual Report Download - page 24

Download and view the complete annual report

Please find page 24 of the 2005 Garmin annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 120

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120

23
Garmin is geared up for the 2006 marine season with a full lineup of new fishfinders and plotters. Four new
fishfinders — the Fishfinder 90, 140, 160C and 340C — feature a new high performance receiver, exceptionally
fast scroll rates and other updates. The big news in the offshore category is the introduction of Garmin’s next
generation BlueChart cartography — BlueChart g2. It offers all the features of traditional BlueChart plus
improved chart detail and a seamless presentation on the plotter screen. In addition, preloaded g2 cartridges
will offer port photos that give mariners a real-world perspective to improve situational awareness when
navigating in these areas.
Garmin’s new chartplotters and combination plotter/sounder units offer cartography options to suit mariners’
varying needs. The 492 and 498 come with preloaded cartography for the coastal U.S. based on the new
BlueChart g2 technology. For inland boating and fishing applications, the 392 and 398 have preloaded inland
lake detail featuring thousands of lakes with highly accurate shoreline depictions and bathymetric information,
while the 292 and 298 come with worldwide basemap. And for mariners who want premium cartography
and marine network options with minimal setup, there’s the GPSMAP 3205, 3206 and 3210, all with pre-
loaded offshore maps.
In the aviation segment, Garmin is continuing G1000 certifications for numerous aircraft, including the
Columbia 350 and 400. These planes will be the first equipped with a pedestal-mounted alphanumeric keypad
that allows pilots to complete FMS, navigation and communication functions from the keypad as well as the
bezels around the displays. We are also working to complete the Cessna Mustang jet project. As the demand
for glass cockpits continues at a rapid pace, Garmin is working to certify many aircraft and fulfill pilots’ need
for this innovative technology. In addition, we are working on a WAAS upgrade for our GNS 430 and 530
panel mount systems.
Other 2006 announcements to date have included partnerships with Enterprise Rent-A-Car, BMW and MINI
in the U.K. and Buell Motorcycle. We also recently announced that we will make our products compatible with
Mac operating systems. This makes Garmin the first major GPS designer and manufacturer to announce direct
support for Mac OS X. The response to this announcement at the January MacWorld Expo was very positive.
It will allow current Mac users to have the benefit of our navigation devices while inviting future Apple
customers to experience our products. Through these relationships and future opportunities, Garmin is establishing
itself as a trusted, reputable brand.