OLATHE, Kan. — (BUSINESS WIRE) — February 21, 2012 — Garmin International, Inc., a subsidiary of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, announced today that in the patent litigation initiated by Triangle Software LLC against Garmin International, Inc., in the Eastern District of Virginia, the Court has entered judgment in favor of Garmin. Triangle's lawsuit targeted Garmin’s popular nüvi® and zūmo® product lines.
The judgment follows a partial jury verdict, issued on November 9, in which the jury found that three of the five patents asserted by Triangle in the litigation were not infringed by Garmin’s personal navigation devices with traffic functionality. The Court adopted the jury's decision and further held that there was no infringement of Triangle's remaining two patents. The decision is subject to appeal.
This is the fifth consecutive victory by Garmin resulting from its determination to fight baseless patent claims. Garmin is currently evaluating whether to ask the Court to require Triangle to repay the fees and other costs incurred by Garmin in defending this litigation.
“Garmin applauds the jury’s verdict and the court’s decision confirming the lack of merit in Triangle’s lawsuit. Triangle’s patents are not relevant to Garmin’s products and the traffic functionality targeted by Triangle was publicly known and widely used in the navigation industry for many years before Triangle’s alleged inventions,” said Andrew Etkind, Garmin’s vice president and general counsel. “It’s unfortunate and a serious problem for American industry that operating companies like Garmin are so often subjected to meritless patent suits.”
Garmin was represented by a team led by Nicholas Groombridge and David Ball of Paul Weiss, Rifkind, Wharton & Garrison LLP.
The global leader in satellite navigation, Garmin Ltd. and its subsidiaries have designed, manufactured, marketed and sold navigation, communication and information devices and applications since 1989 – most of which are enabled by GPS technology. Garmin’s products serve automotive, mobile, wireless, outdoor recreation, marine, aviation, and OEM applications. 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, nüvi and zūmo are registered trademarks of Garmin Ltd.
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 25, 2010, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of such Form 10-K is available at 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.
Garmin International Inc.
Ted Gartner, 913-397-8200