Leading trade publication honors companies
shaping the future of the marine industry
OLATHE,
Kan., Oct. 9, 2023 /PRNewswire/ -- Garmin
(NYSE: GRMN), the world's most innovative and recognized marine
electronics manufacturer, is proud to announce it has been named
the Most Innovative Marine Company for 2023 by Soundings Trade
Only, a leading trade publication for the recreational boating
industry. The annual awards program recognizes forward-thinking
companies that are transforming the marine industry through new
products, technologies, sustainability, manufacturing processes,
corporate responsibility and more. The awards were announced at the
International BoatBuilders' Exhibition and Conference (IBEX)
tradeshow held Oct. 3-5, 2023.
The coveted annual awards program evaluates companies in key
categories of innovation, including altruism/social awareness,
development & technology, workforce culture, manufacturing
process/supply chains, start-up mentality and sustainability.
Judges noted Garmin's dedication to creating products that enhance
the lives of its customers, along with its corporate citizenship as
key differentiators.
"It's a true honor to be recognized as the most innovative
company in our industry. Innovation is a cornerstone at Garmin;
it's the driving force that propels us forward and creates value
for our customers. From product development to marketing, workforce
initiatives, manufacturing processes and beyond, innovation is the
heart and soul of our company. I want to congratulate our entire
team on this deserving honor that recognizes their dedication and
hard work each and every day."
–Jarrod Seymour,
Garmin Vice President and Marine
Segment Leader
Applications were evaluated by a team of Soundings Trade
Only and AIM Media Group editors, writers and publishers, along
with chosen industry experts, and ten organizations ranging from
large global companies to small startups were recognized this year
among a field of 28 entrants. This is Garmin's sixth consecutive
year to be named to this prestigious list.
"We'd like to congratulate Garmin and all the award winners
for the great strides they took to move the innovation needle
forward during the last year. Innovation is what pushes us forward
and makes the boating experience safer, more enjoyable and easier
for end customers, which is good for the entire industry." –Gary
Reich, Soundings Trade Only Editor-in-Chief
To read more about the Most Innovative Marine Company awards
program, visit tradeonlytoday.com, and to learn more about Garmin's
award-winning suite of marine electronics, visit
garmin.com/marine.
Engineered on the inside for life on the outside, Garmin
products have revolutionized life for anglers, sailors, mariners
and boat enthusiasts everywhere. Committed to developing the most
innovative, highest quality, and easiest to use marine electronics
the industry has ever known, Garmin believes every day is an
opportunity to innovate and a chance to beat yesterday. For the
ninth consecutive year, Garmin was named the Manufacturer of the
Year by the National Marine Electronics Association (NMEA).
Other Garmin marine brands include Navionics® and JL
Audio®. For more information, visit Garmin's
virtual Newsroom, email our press team, connect
with @garminmarine on social media, or follow our blog.
About Garmin International, Inc. Garmin
International, Inc. is a subsidiary of Garmin Ltd. (NYSE: GRMN).
Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries
are located in the United States,
Taiwan and the United Kingdom. Garmin, Navionics and JL Audio
are registered trademarks 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 31,
2022, 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/en-US/company/investors/earnings/. 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.
MEDIA CONTACT:
Carly
Hysell
913-397-8200
media.relations@garmin.com
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SOURCE Garmin International, Inc.