Garmin 2005 Annual Report Download - page 22

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GROWTH INITIATIVES FOR 2006
Garmin will put energy toward the consumer segment and especially the category of PNDs. We’ll also continue
introducing new products for the market segments of aviation, marine and outdoor/fitness. Our diversification
and leadership position in these traditional markets allows us to aggressively pursue new opportunities.
Garmin’s product development plan for 2006 includes the introduction of between 50 and 60 new products.
We kicked off the year with a significant presence at the annual Consumer Electronics Show (CES) in Las Vegas
and the announcement of several new products. At this show for the tech-savvy crowd, nüvi was heralded
for its sleek form factor, ease of use and convergence of applications.
Other Garmin product announcements at CES ranged from automotive to mobile electronics to outdoor and
fitness devices. The GVN™52 is a customer-configurable, “black-box” GPS system designed for integration
with mobile audio/video entertainment systems. Among the first companies to offer the GVN 52 are Kenwood
Corporation and Riverpark, a distributor of mobile audio products for the RV industry. Also debuting at CES was
the iQue 3000, a newly styled, entry-level Palm Powered™PDA. We announced a Palm OS™-based version of the
GPS 10, which adds navigation capabilities to Palm PDAs or smart phones with Bluetooth wireless technology.
Our new x-series handhelds — eTrex Legend Cx, Vista Cx, GPSMAP 60Cx, 60CSx, 76Cx and 76CSx —
give outdoor adventurers expandable memory options via tiny microSD cards. The x-series versions of the 60
and 76 products will feature the new high-sensitivity receiver for improved tracking in heavy tree cover, canyons
and mountains. Our new Forerunner products, the 205 and 305, also feature the high-sensitivity receiver and
a new watch-like design for improved receiver performance and runner comfort.
21
FORERUNNER 305 & 205
iQUE 3000