Tiger Telematics Sparks Analyst Interest
Leading industry analysts speculate on Gizmondo's future
LONDON, 24th January, 2005 - Gizmondo Europe Ltd, subsidiary of Jacksonville, Florida-based Tiger Telematics Inc (other OTC, TGTL-PK), are delighted to be included in the latest Entertainment Industry analysts report by Terranova Institutional Equity Research (dated 19th January).
The industry report, compiled by Boris Markovich follows Gizmondo's strong reception from show-goers at this year's Consumer Electronics Show (CES) in Las Vegas.
The report is available in an Adobe AcrobatTM PDF format from the Tiger Telematics website at www.tigertelematics.com. Otherwise, to get a copy of this report or to be added to the Electronic Entertainment Industry Update email distribution list, or for a copy of a prior report contact TerraNova Institutional via their website at www.terranovainstitutional.com or email research@tnto.com.
Carl Freer, Managing Director, Gizmondo, says: "We are pleased to be covered in this report on the games industry, by such a fine independent research firm like Terranova. We anticipate that more analysts will begin compiling data about our company and its position in the ever-growing games market."
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 spring of 2005.
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.