OLATHE, Kan., Oct. 28, 2022 /PRNewswire/ -- Garmin International, Inc., a subsidiary of Garmin Ltd. (NYSE: GRMN) announced victory today in a patent lawsuit brought by Logantree LP against Garmin in Kansas federal court. After three days of testimony, the jury found that Garmin's popular smartwatches did not use any of Logantree's allegedly patented technology.
"Garmin has always been determined to defend itself and the work of its engineers when faced with baseless patent lawsuits," said Andrew Etkind, Garmin vice president and general counsel. "Unfounded patent lawsuits continue to corrupt the patent system and debase the value of true innovation. Standing up for ourselves, and our associates like the Garmin engineers who are responsible for developing our innovative products, is an inherent part of our culture."
The jury's verdict is subject to appeal. Garmin was represented by a team led by Adam Seitz and Megan Redmond of Erise IP and David Ayres and Sam Korte of Garmin.
Engineered on the inside for life on the outside, Garmin products have revolutionized life for runners, cyclists, swimmers and athletes of all levels and abilities. Committed to developing technology that helps people stay active and elevate performance, Garmin believes every day is an opportunity to innovate and a chance to beat yesterday. For more information, visit Garmin's virtual Newsroom, email our press team, or follow us on LinkedIn.
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 is a registered trademark. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved.
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, 2021, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of such Form 10-K is available at http://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.
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SOURCE Garmin Ltd.
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