San Francisco, CA - February 22, 2005 - Gizmondo Europe Ltd., a subsidiary of Jacksonville, Florida based Tiger Telematics Inc. (other OTC: TGTL), today announced they have signed Kohnke Communications as their agency of record to manage all public relations efforts in North America for their highly-anticipated handheld multi-entertainment device, Gizmondo.
"Kohnke Communications has a great reputation within the interactive entertainment industry, which is essential to compliment our global communications structure and launch strategies" said Carl Freer, Managing Director of Gizmondo Europe Ltd. "The Gizmondo will certainly attract interest from traditionally non-gaming media, because of the GPS, messaging, email, music and movie functionality, and Kohnke's broad-spectrum experience matches that criteria perfectly."
"Gizmondo has the opportunity to add a new dimension to gaming that we have never seen before with its global positioning system," said Erica Kohnke Kain, President and Founder of Kohnke Communications. "Gizmondo Europe shares our same passion for gaming and commitment to quality and innovation, and we look forward to a very successful collaboration."
For more information about Gizmondo, please visit www.gizmondo.com.
About Tiger Telematics and Gizmondo
Gizmondo Europe Ltd. Is an owned subsidiary of Tiger Telematics Inc (TGTL) and is the maker of Gizmondo, a next-generation mobile entertainment device. Launched in 2004, the gaming device includes built-in music, video, messaging and picture functions and GPS.
Tiger Telematics is a designer, developer and marketer of mobile telematics systems and services that combine global GPS functions and voice recognition technology to locate and track vehicles and people down to street level in countries throughout the world. The systems are designed to operate on GPS and are currently being marketed to GSM current and potential subscribers, primarily by the company's United Kingdom based subsidiaries.
About Kohnke Communications LLC
Kohnke Communications is a public relations agency specializing in the interactive entertainment industry. With unparalleled experience and a location in the heart of the games community, the agency's services include crisis consultation, media training seminars, product introductions and event management. In addition, the company offers Game WireTM, a specialized news distribution system. More information about Kohnke Communications is available at http://www.kohnkecomm.com.
Except for historical matters contained herein, the matters discussed in this press release are forward-looking and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that these forward-looking statements reflect numerous assumptions and involve risks and uncertainties that may affect Tiger Telematics, Inc. and its subsidiary businesses and prospects and cause actual results to differ materially from these forward-looking statements. Among the factors that could cause actual results to differ are Tiger Telematics Inc.'s operating history; competition; low barriers to entry; reliance on strategic relationships; rapid technological changes; inability to complete transactions on favorable terms; the schedule and sell-through for new software release; consumer demand for video game hardware and software; the timing of the introduction of new generation competitive hardware systems, pricing changes by key vendors for hardware and software and the timing of any such changes, and the adequacy of supplies of new software product and those risks discussed in the Company's filings with the SEC.
In light of the risks and uncertainties inherent in the forward-looking statements, these statements should not be regarded as a representation by Tiger Telematics, Inc. or any other person that the projected results, objectives or plans will be achieved. Tiger Telematics, Inc. undertakes no obligation to revise or update the forward-looking statements to reflect events or circumstances after the date hereof.
Erica Kohnke Kain