Tiger Telematics' Gizmondo Wows the Crowds
Gizmondo shows off its talents at Ireland's biggest consumer show
London, 1st December 2004 - Gizmondo Europe Ltd (Gizmondo), subsidiary of Jacksonville, Florida-based Tiger Telematics Inc (Other OTC: TGTL), celebrated an ecstatic reception of the multi-entertainment handheld at the weekend's Toys for Big Boys show in Dublin, Ireland.
Some of the first Gizmondo units out of production were unveiled to thousands of judicious early adopters, from 25-28th November, at Ireland's premiere consumer show. This annual event, sponsored by Stuff Magazine, is a renowned venue for showcasing the latest technology and must-have gadgetry.
Visitors from all over Ireland flocked to the Gizmondo stand where staff were inundated with requests for hands-on demonstrations. The games on display were all running with the newly integrated Nvidia GoForce 3D graphics accelerator. Also being demonstrated were the MP3 and MPEG4 audio and movie players, but one of the biggest hits was the GPS functionality and location-based services
Carl Freer, Managing Director, Gizmondo, said: "It was a great show for Gizmondo, people were genuinely amazed at what it can do. Shows like this are a vital link to our launch demographic."
Jamie Robertson, Head of Sales, Gizmondo, said: "We were overwhelmed with the enthusiasm everyone had for the product. The show gave us some great exposure ahead of the launch in Ireland".
The Gizmondo device and its games are currently launching in the UK during the fourth quarter 2004, and in Continental Europe and North American markets during the first quarter 2005.
The Gizmondo is powered by a Microsoft Windows CE.net platform, boasts 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 MMC card accessories.
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. Set to launch 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.
For further information please contact:
For and on behalf of Tiger Telematics, Inc. and Gizmondo Europe Ltd.
+44 208 964 4545
Michael Carrender, CEO
Tiger Telematics, Inc.
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; and those risks discussed in the Company's filings with the SEC.