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Tiger Telematics Exhibits Gizmondo to Wireless IndustryLONDON, 14th February 2005 - Gizmondo Europe Ltd, subsidiary of Jacksonville, Florida-based Tiger Telematics Inc. (other OTC, TGTL), began showcasing the new handheld multi-entertainment device at the 3GSM business-to-business show, which runs from the 14th-17th February 2005 in Cannes, south of France.
The 3GSM World Congress is recognised as the global meeting place for the wireless industry, attracting key decision-makers and industry analysts from across the world, to debate their visions of the future of the industry and unveil new hardware concepts. Over 28,000 telecoms players from over 173 countries descend on the event, making it an unrivalled platform to present the GSM and GPRS connectivity of the Gizmondo handheld device and generate new business ahead of the European and North American Spring launches.
NVIDIA®, who notably supply the Gizmondo's immensely powerful GoForce 3D 4500 graphics accelerator, will also feature the device on their stand. Also exhibiting the device are Zi Corp®, who provide the predictive texting system, and Plextech, Intrinsyc, and SiRF, who developed the device hardware, software, and GPS (respectively).
Gizmondo demonstrators will be on hand to guide visitors through the GPS, SMS/MMS and email communication features, gaming and entertainment functions, at stand J45 in hall 3.
Carl Freer, managing director of Gizmondo, says: "3GSM is a hotbed of innovation for the mobile communications and wireless industries, and the Gizmondo will certainly turn a lot of heads this year." He continued, "The Gizmondo is unique in terms of the functionality it can deliver and, via the GSM and GPRS connectivity, in the entertainment it can delivery. "
Steve Carroll, CTO, Gizmondo Europe, offered: "The Gizmondo's GSM hardware opens the door to mobile gaming. Part of our model, is to deliver high-value entertainment content via the device, direct-download music and video, and also a new direct marketing system called SmartAddsTM. The Gizmondo is immensely powerful in terms of specification and in the GPS hardware as well."
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 starting Spring 2005.
About Tiger Telematics and Gizmondo
Gizmondo Europe Ltd. is a wholly 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.
www.gizmondo.com
www.tigertelematics.com
The names of actual companies and products mentioned herein may be the trademarks 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. |
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