Tiger Telematics(R) Readies Gizmondo(TM) for Global Location-Based Services
Tiger Telematics(R) Readies Gizmondo(TM) for Global Location-Based Services
LONDON, January 25/PRNewswire-FirstCall/ -- Gizmondo Europe Ltd, subsidiary of Jacksonville, Florida-based
Tiger Telematics Inc (OTC: TGTL, OTC: TGTL.PK), today released further
details of the location-based services to be made available via
industry-leading partner, MapInfo Corporation(R).
The MapInfo location services platform, Envinsa(TM), will
provide a range of capabilities including mapping, routing and geocoding,
which will expand the functionality of the Gizmondo to include functions such
as Where Am I, Find the Nearest, Tracking, Geofencing, and Panic Button
functionality.
Importantly, the same MapInfo Envinsa platform will be used to
provide essential data for location-based games, like the groundbreaking
Colors(TM) game where a player's physical location is represented, tagged and
expanded in the game environment. The platform will also be used for
providing 'closest participating store' information for users opting into the
revolutionary new added-value Smart Adds(TM) system to be launched later this
year.
MapInfo Envinsa is available for key Geographic markets
globally and will be used to support Gizmondo services rollout initially in
the UK, Germany, France, Spain and Italy with other markets including the
United States and Australia to follow.
"Gizmondo offers consumers one of the most advanced mobile
entertainment devices on the market today, which now becomes even more
powerful with the addition of location-based services based on our
capabilities," said Mark Cattini, CEO and President, MapInfo. "Implementing
our Envinsa location services platform will help Gizmondo attract new users
and increase revenues through value-added services, such as location-based
games and security alerts. Our Envinsa platform is currently being deployed
in organizations throughout the world to locate new customers, better service
existing customers and improve operational efficiency across the entire
organization."
"The LBS functionality is just one of the areas that sets us
apart from the competition", said Carl Freer, Managing Director, Gizmondo,
"Aside from the practical applications of satellite navigation and
location-based services, this functionality on Gizmondo will take gaming in
an entirely new direction."
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.
About Tiger Telematics and Gizmondo
Gizmondo Europe Ltd. is an owned subsidiary of Tiger
Telematics Inc (OTC: TGTL, OTC: TGTL.PK) 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
About MapInfo Corp
MapInfo Corporation is a global company that integrates
software, data and services to help organizations realize greater value from
location-based information and drive more insightful decisions. MapInfo
solutions are available in 20 languages through a network of strategic
partners and distribution channels in 60 countries. Headquartered in Troy,
NY, MapInfo Corporation is on the World Wide Web at www.mapinfo.com. The
company's UK and European headquarters are in Windsor, UK.
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
MapInfo Of Note
This press release contains forward-looking statements involving risks
and uncertainties. Any statement not a statement of historical fact is a
forward-looking statement, including without limitation statements concerning
demand for and benefits of MapInfo products and integration of MapInfo
products with existing solutions. Actual results could differ materially from
those stated or implied in forward-looking statements due to a number of
factors, including those factors contained in the Company's annual report on
Form 10-K for the fiscal year ended September 30, 2004 filed with the
Securities and Exchange Commission under the heading "Factors Affecting
Future Performance." MapInfo takes no responsibility to update any
forward-looking statements.
Source: Tiger Telematics Inc (TIGR)
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
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