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BRIEF-Garmin to appeal ITC initial determination

May 26 Garmin Ltd

* Garmin to appeal ITC initial determination

* Garmin disagrees with initial determination and will seek review by ITC, which is expected to issue a final determination in August 2017.

* ALJ recommends a fine in amount of $37 million

* Ruling does not impact in any way Garmin products with clearvü sonar functionality, which have been on market since 2016

* Administrative law judge at ITC made an initial determination in enforcement proceeding brought by navico, inc. against Garmin

* "even if affirmed by itc, ruling has no impact on garmin's customers or dealers" Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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