1. Lesley Small, Brian Dimsdale, Mary McCloud & John Melcher

2.  Garmin  1200 E. 151st Street Olathe, KS 66062-3426 United States  TomTom  Oosterdoksstraat 114 1011 DK Amsterdam The Netherlands

3. GARMIN  Founded in 1989  Incorporated in Switzerland  Global Positioning System Products  Automotive products  Marine units  Aviation technology  Fitness devices  Outdoor recreation  Wireless applications bring the power of GPS to your smart phone TOMTOM  Founded in 1991  Dutch manufacturer  Amsterdam Stock Exchange  Four customer facing business units  Consumer  Automotive  Business Solutions  Licensing

4.  navigational, measuring, electromedical, and control instruments manufacturing segment of the computer and electronic product manufacturing industry  www.ibisworld.com

5.  The computer and electronic product manufacturing industry employed 1.2 million wage and salary workers in 2008  The navigational, measuring, electomedical, and control instruments manufacturing segment employed about 441,600 wage and salary workers  35.4% of the industry  largest percentage of workers and employees of the computer and electronic product manufacturing industry

6.  Employment in this industry is expected to decline over the next decade.  project 11% increase in all industries for wage and salary employment  the computer and electronic product manufacturing industry employment is expected to decline 19% between 2008 and 2018.  Much of the manufacturing process has been relocated overseas

7.  Many employment opportunities will continue to rise, even though there is a projected decrease in employment  technological advancements and revolutions that are taking place in computers, semiconductors, and telecommunications, and the need to replace those workers who are retiring from the industry  opportunities in research and development  “Computer software engineers are also in high demand in this industry because many complicated hardware products require software.” (ibisworld)

8.  Return on Equity 2006: 37.9% 2007: 43.8% 2008: 32.0% 2009: 27.8% 2010: 19.9%  Stock Price 2006: 2.38 2007: 3.95 2008: 3.51 2009: 3.51 2010: 2.97  Total Assets 2006: 1,897,020 2007: 3,291,460 2008: 2,924,581 2009: 2,393,871 2010: 3,988,688  Operational Efficiency 2006: 7.5 2007: 8.2 2008: 7.5 2009: 8.0 2010: 7.7  Share of Industry Value 2007: 28%, 2008: 34%, 2009: 36%

9.  Return on Equity 2006: 51.8% 2007: 33.3% 2008: -93.5% 2009: 11.3% 2010: 10.0%  Stock Price (based on closing price of Dec 31) 2006: 32.32 2007: 51.50 2008: 4.30 2009: 6.25 2010: 7.89  Total Assets 2006: 902,968 2007: 1,969,591 2008: 2,766,690 2009: 2,685,760 2010: 2,622,758  Operational Efficiency 2006: 12.1 2007: 13.7 2008: 12.1 2009: 14.0 2010: 18.9  Share of Industry Value 2007: 27%, 2008: 29%, 2009: 30%