London, 10th December 2004 - Gizmondo Europe Ltd (Gizmondo), subsidiary of Jacksonville, Florida-based Tiger Telematics Inc (Other OTC: TGTL), today confirmed a downloadable software upgrade will be offered, enabling the remarkable new handheld multi-entertainment device to send and receive emails wirelessly via GRPS.
In addition to text and picture messaging (SMS and MMS) functionality, users will be able to configure their POP3/IMAP accounts on the Gizmondo giving them email access on the move anywhere in the world covered by tri-band GPRS. This facility to send and receive emails, forward, and even attach files, will broaden the device's appeal as a lifestyle component further still.
Other practical applications announced today include an alarm clock, currency converter, and a calculator. These join a packed feature list of console quality gaming, music and movie players, GPS with optional Satellite Navigation, Bluetooth connectivity, and a digital camera.
Carl Freer, Managing Director of Gizmondo, says: "These new features reinforce the Gizmondo's practicality. The emphasis will always be on entertainment, but email is such an integral part of our daily lives, adding this functionality to the device makes it an even more attractive proposition."
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.