Tiger Telematics Kicks Off US Marketing Campaign
Los Angeles, 21st October 2005 - Gizmondo USA Inc. subsidiary of Jacksonville, Florida-based Tiger Telematics Inc (other OTC, TGTL) today kicked off the launch campaign for the new multi-entertainment handheld console with a full-page advertisement in USA Today (page 5a), featuring Austin Powers star, Verne Troyer.
The Gizmondo will go on sale across all 50 States from Saturday 22nd October 2005, priced at $229. There will be fourteen games available at launch, as well as the previously announced satellite navigation package which takes advantage of the hardware's powerful GPS functionality.
As well as games and GPS, the pocket-sized device's entertainment arsenal also features music and movies, text and picture messaging, and a digital camera. With an email service also launching next week, the Gizmondo is the most versatile and feature-packed gaming console available.
Mike Carrender, CEO, Tiger Telematics, offered: "The USA is the most challenging commercial market in the world and it's a significant achievement to be launching across 50 States tomorrow."
As well as being available in country-wide mall locations, the Gizmondo is also available to purchase from tomorrow via the website at www.gizmondo.com.
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.
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About Tiger Telematics and Gizmondo
Gizmondo USA Inc and Gizmondo Europe Ltd. are owned subsidiaries of Tiger Telematics Inc (TGTL) and is the maker of Gizmondo, a next-generation mobile entertainment device. Launched in the UK in 2005, 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.
'Gizmondo', 'Smart Adds', 'Gizmondo Games', and the 'Gizmondo' logos and devices are trademarks of Gizmondo Europe Limited. All rights reserved. All third party trademarks and/or copyright material are the property of their respective owners.
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