LONDON, 15th February, 2005 - Gizmondo Europe Ltd, subsidiary of Jacksonville, Florida-based Tiger Telematics Inc. (other OTC, TGTL), announces the signing of Worms World Party for the Gizmondo handheld multi-entertainment device, which boasts a reputation as one of the most addictive games imaginable.
Since it's debut in 1995, the Worms series has achieved global sales in excess of eight million units and is a regular sight in the videogame charts, having released nine different versions and a multitude of add-on and value-packs. Worms World Party continues the unrivalled mix of strategy and arcade elements in one of the world's most entertaining, humorous and addictive gaming experiences engineered for the Gizmondo
Players are given full control over a party of four worms and sent into battle against rival factions. Using an arsenal of weapons including earthquakes, mines, air strikes and an array of guns, the victor will be the 'last worm standing' amidst the carnage that ensues the aim of the game is to blow enemy worms to smithereens and be the 'last worm standing'. In addition, Worms World Party also benefits from training sections, and all new 'Wormopedia' and 'Wormpot' features.
Gizmondo Studios are exploring the possibilities of integrating the Gizmondo's Bluetooth functionality to take advantage of the game's massive multiplayer appeal.
Team 17's Commercial Director Debbie Bestwick commented: "The Gizmondo version of Worms World Party is the perfect extension to the Worms franchise, and the potential for wireless multiplayer is extremely exciting."
Carl Freer, Managing Director, Gizmondo Europe, added: "The Worms series is one that has performed consistently well on every format that it's appeared on. We believe that a Bluetooth multiplayer addition will offer a significantly new experience for Gizmondo owners."
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 MMC card accessories.
The Gizmondo device and its games are currently launching in the U.K., and in North American and Continental Europe markets this 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.
ABOUT TEAM 17
Team 17 Software Limited is a privately owned high calibre entertainment software development company headquartered in West Yorkshire, England. Team 17 has developed over 120 SKUs in its thirteen-year history and specialises in quality original titles using proprietary technology across all major hardware platforms. Key Team 17 franchises and brands include Worms, Alien Breed, Project X and Superfrog.
For more information, visit the Team 17 website at www.team17.com
The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
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; 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