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  September 5, 2001
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Home > Company Index > Telecommunications > Wireless, Satellite & Microwave Communications Equipment > Garmin Ltd.

Garmin Ltd.
Nasdaq: GRMN
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 PROFILE
You may not know where you're headed but Garmin can tell you where you are. The company makes digital navigation products that use global positioning system (GPS) technology to provide geographic location data through satellite communications. Its handheld and portable products incorporate maps and navigational charts. Garmin also makes communications devices which combine cellular and GPS technology. Boat maker Ranger and airplane maker New Piper incorporate Garmin equipment into their vehicles. The company sells its consumer products through retailers including Bass Pro Shops, Best Buy, and Wal-Mart. Co-chairman and co-CEO Gary Burrell and director Donald Heller each own more than 15% of Garmin.

 COMPETITION
Lowrance Electronics, Inc. (LEIX)
Orbital Sciences Corporation (ORB)
Raytheon Company (RTN)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 345.70
1-Yr. Sales Growth: 48.6%
Employees: 1,291
Revenue per employee: $267,776.92

 KEY PEOPLE
• Gary L. Burrell
    CEO
• Kevin Rauckman
    CFO

 CONTACT INFO
Queensgate House, P.O. Box 30464SMB
George Town Grand Cayman, Cayman Islands
Phone: 1-345-946-5203
Fax: 1-345-945-2197
Online: Web Site

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