Gizmondo(tm) Confirms Ireland Volume Allocation
LONDON, 24th March, 2005 - Gizmondo Europe Ltd, subsidiary of Jacksonville, Florida-based Tiger Telematics Inc. (other OTC, TGTL), has today completed a 12 month agreement, for execution on 29th of March after the Easter holiday, with Sigma Wireless for 30,000 units to be distributed in Ireland, following the recent announcement confirming Sigma as an official distributor and a 19th April street date for the region.
The new multi-entertainment device began retailing in the UK on 19th March through the newly opened flagship store at 175 Regent Street. More stores are planned globally and will play an instrumental part in an aggressive retail roll out in each territory over the coming months.
Retail launch partners already include 3G, Xtravision, and Spectra. More details regarding the launch will be announced soon.
Carl Freer, co-founder and managing director, Gizmondo, says: "We're obviously pleased with the commitment from Sigma and will be supporting them with a tailored marketing package, including some of the TV and outdoor elements currently running in the UK, creating enormous interest."
The Gizmondo is powered by Microsoft Windows CE advanced real-time operating system, boasting a 2.8-inch TFT colour screen with a Samsung ARM9 400Mhz processor and incorporates the GoForce 3D 4500 NVIDIA graphics accelerator. It provides cutting-edge gaming, multimedia messaging, an MP3 music player, Mpeg4 movie playing capability, a digital camera and a GPRS network link to allow wide-area network gaming. Additionally, it contains a GPS chip for location-based services, is equipped with Bluetooth for use in multi-player gaming and accepts SD and MMC card accessories.
The Gizmondo device and its games are in retail stores now in the UK, and in North American and Continental Europe markets from Spring 2005.
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.
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