Tiger Telematics' Gizmondo unveils astounding CES line-up
LONDON, 6th January, 2005 - Gizmondo Europe Ltd, subsidiary of Jacksonville, Florida-based Tiger Telematics Inc. (other OTC, TGTL), today lifted the lid on the 2005 Consumer Electronics Show (CES) line-up, where the company will be demonstrating the multi-entertainment handheld games device from 6-9th January.
Media will get the first taste of what's in store ahead of the soon-to-be-announced, late-Q1 2005 launch date, followed by gadget-hungry early adopters when the show opens to the public.
The feature-packed device will be demonstrating all its functions including; home console-power gaming, music and movies, Bluetooth, GPRS communications, email, and onboard GPS hardware.
For the first time, Gizmondo will be showing the incredibly fast Richard Burns Rally, the 80s classic TrailBlazer, as well as an international debut live demonstration of Colors - the world's first game to use GPS.
For those with a penchant for business devices, the Altio epitomises the competitive edge. Show-goers will be treated to live demonstrations of AltioLive , the software backbone of the very latest piece of business gadgetry, via Gizmondos at the CES. This proprietary technology to be launched later this year has already sparked the interest of the banking community. The demonstrations will show how bespoke business applications like level 2 trading, inventory and price checking, and other information-critical apps can broadcast to this mobile device, meaning all can be performed on the move and live!
Gizmondo will be featured on the Microsoft Corp. stand (# 7145, Central Hall), as well as on the Nvidia stand (#35311), and in the Innovation Plus section in Central Plaza (#70037).
Carl Freer, managing director of Gizmondo, says: "We are extremely proud of the lineup being exhibited at this year's CES. We fully intend to challenge people's perception of what is possible from a mobile entertainment device, and better still, we're going to show them."
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 during the first quarter 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.
The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
For further information please contact:
Global Media:
James Beaven
Indigo Pearl
For and on behalf of Tiger Telematics, Inc. and Gizmondo Europe Ltd.
+44 208 964 4545
Michael Carrender, CEO
Tiger Telematics, Inc.
+1 904-279-9240
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.