LONDON, 6th April 2005 - Gizmondo Europe Ltd, subsidiary of Jacksonville, Florida-based Tiger Telematics Inc. (other OTC, TGTL), today announced the signing and imminent release of five new titles from expert mobile gaming developer, Fathammer, based in Helsinki, Finland.
Hot on the heals of the Fathammer Classics Pack, which launched to retail alongside the Gizmondo hardware on 19th March in the UK, come five new titles to grace the pocket-sized multi-entertainment handheld.
The Classics Pack included three games from the archives to suit all tastes. The five new titles promise to deliver even more action. The new games include; Pocket ping-pong 2005, Toy Golf, Hockey Rage 2005, Virtual Squash, and a fast-paced MotoX game.
Some of the titles announced will utilize the Gizmondo's wireless connectivity via Bluetooth for the best possible multiplayer experience.
Eric Peterson, CEO, Gizmondo Studios, says: "Bluetooth offers a truly unique and exhilarating experience for mobile multiplayer gaming as it is not reliant on an access point or static infrastructure. These games in particular are designed to be easily accessible and immediately gratifying, in both single and multiplayer scenarios."
Carl Freer, Co-founder and Chairman, Tiger Telematics, says: "Fathammer's expertise in developing games specifically for mobile devices is evident in this new line up. Each title broadens the appeal of the Gizmondo as a gaming handheld, as our internal development schedule gatherers pace."
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.
The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
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Except for historical matters contained herein, the matters discussed in this press release are forward-looking and are made pursuant to the safe harbour 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 favourable 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