Garmin announces 2022 Garmin Health Awards winners

Rhea-AI Summary

Garmin International, a unit of Garmin Ltd. (NYSE: GRMN), announced the winners of the 2022 Garmin Health Awards during the Garmin Health Summit in Rome on September 29-30. The awards recognize innovative health solutions utilizing Garmin technology. Categories included Engagement, Health Care, and Insurance, with notable winners such as Wild AI, Kyushu Institute of Technology, and Nan Shan Life Insurance Co. The event showcased advancements in health and wellness, demonstrating the successful integration of Garmin devices in improving healthcare outcomes.

Positive

• Recognition of innovative health solutions enhances Garmin's reputation in the health tech sector.
• Collaboration with leading organizations like Kyushu Institute of Technology points to potential growth in healthcare applications.
• Showcasing successful integration of Garmin devices could lead to increased sales in health-related markets.

Negative

• None.

Awards program recognizes innovative solutions that successfully leverage Garmin smartwatches, fitness trackers or smart scales into health and wellness programs

ROME--(BUSINESS WIRE)-- Garmin International, Inc., a unit of Garmin Ltd. (NYSE: GRMN), today announced winners of the 2022 Garmin Health Awards at the 4^th annual Garmin Health Summit held in Rome on Sept. 29-30. The event recognizes cutting-edge health care and wellness solutions that successfully leverage Garmin technology to provide long-term benefits and improve outcomes for businesses, patients and population health. Three awards for Most Innovative Solutions were granted in the categories of Engagement, Health Care and Insurance.

Garmin announces 2022 Garmin Health Awards winners (Graphic: Business Wire)

“Garmin Health is proud to again recognize some of the world’s most promising health and wellness solutions,” said Jörn Watzke, Garmin Health senior director of global B2B sales. “The innovation and creativity shown by this year’s applicants is truly inspiring, and we congratulate our winners for creating innovative and meaningful solutions that successfully leverage physiological data to provide long-term benefits.”

The 2022 Garmin Health Awards winners in each category and finalists are listed below.

Category: Engagement

Winner: Wild AI (Great Britain)

• The Wild AI app helps women train, eat and recover in alignment with their physiology, whether they are menstruating, using birth control or in menopause.

Finalists

• NudgeLabs (Sweden)
  • NudgeLabs provides biometric and tech-enabled live coaching to prevent burnout and enhance employee performance.
• Wondercise Technology Corporation (Taiwan)
  • The Wondercise Fitness App is an online fitness training system, personal wellness monitor, and a social media community, made possible by connecting to supported Garmin devices.

Category: Health Care

Winner: Kyushu Institute of Technology (Japan)

• The Shibata & Sozo Lab conducted a study – Predicting and Forecasting Parkinson's Disease Patients' Wearing-Off – using Garmin vívosmart^® 4 wearables. The study helps researchers predict & forecast wearing-off periods among Parkinson’s disease patients.

Finalists

• Defense Innovation Unit (US)
  • Rapid Analysis of Threat Exposure (RATE) is an infectious disease awareness algorithm that uses biometric data from commercial wearables and leverages machine learning to produce a score of how likely someone is to be infected with an illness.
• Aparito (Great Britain)
  • Atom5™ is an iOS & Android-compatible platform that captures patient data for hybrid and decentralized clinical trials to streamline the drug development process.

Category: Insurance

Winner: Nan Shan Life Insurance Co., Ltd. (Taiwan)

• Digital Health Keeper BAM App provides a comprehensive health management application based on biological age.

Finalists

• YuLife (Great Britain)
  • YuLife delivers financial products, including group life insurance, group income protection and critical illness cover, that improve lives and reward well-being.
• Income Insurance Limited (Singapore)
  • SNACK By Income – SNACKFIT is a lifestyle-based insurance proposition that offers bonus insurance coverage based on biological age.

Finalists for the Most Innovative Solutions award presented a 3-minute pitch video during the Garmin Health Summit and responded to questions from a four-person panel that included experts from each award category as well as a Garmin Health representative. Winners received up to 50 world-class Garmin wearables, worth an estimated $10,000, and were chosen based on their solution’s benefit, scalability, uniqueness, innovation and successful integration of Garmin smartwatches, fitness trackers or smart scales.

The invitation-only Garmin Health Summit provides two days of valuable networking and learning opportunities, with breakout sessions that educate and inform attendees about a range of topics such as the Garmin Ecosystem, Health Care, Insurance, Corporate Wellness and Patient Monitoring—all while connecting with peers and respected industry leaders. For more information, visit https://garmin.swoogo.com/garminhealthsummit.

Garmin Health provides custom enterprise business solutions that leverage Garmin’s extensive wearable portfolio and high-quality sensor data for applications in the corporate wellness, population health, and patient monitoring markets. As part of a global company that designs, manufactures and ships products worldwide, Garmin Health supports its customers’ commerce and logistics needs, allowing enterprises to scale with a single, trusted provider. For more information, email our press team, connect with us on LinkedIn, or visit us online at garmin.com/health.

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 and vívosmart are registered trademarks.

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 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 https://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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220929005834/en/

Krista Klaus

913-397-8200

media.relations@garmin.com

Source: Garmin International, Inc.

FAQ

What were the winners of the 2022 Garmin Health Awards?

The winners were Wild AI for Engagement, Kyushu Institute of Technology for Health Care, and Nan Shan Life Insurance Co. for Insurance.

When was the Garmin Health Summit held?

The Garmin Health Summit took place on September 29-30, 2022, in Rome.

What is Garmin's stock symbol?

Garmin's stock symbol is GRMN.

How does Garmin Health support businesses?

Garmin Health provides enterprise solutions leveraging its wearable technology for corporate wellness and patient monitoring.

What are the criteria for the Garmin Health Awards?

Winners were selected based on the benefits, scalability, uniqueness, innovation, and integration of Garmin devices.