Tiger Telematics(R)' Gizmondo(TM) is Fair Game
Tiger Telematics(R)' Gizmondo(TM) is Fair Game
LONDON, February 17/PRNewswire-FirstCall/ --
- Gizmondo to exhibit at the American International TOY FAIR(TM)
Gizmondo Europe Ltd, subsidiary of Jacksonville, Florida-based Tiger
Telematics Inc. (OTC: TGTL , OTC: TGTL.PK), confirmed today in order to
extend its exposure beyond the primary consumer electronics focus, it will be
attending the American International TOY FAIR, hosted at the Javits
Convention Center in New York from the 20-23rd February 2005 by the Toy
Industry Association(R), Inc.
American International TOY FAIR(TM) is the largest toy trade show in the
Western Hemisphere. More than 1,500 manufacturers, distributors, importers
and sales agents from 30 countries showcase their toy and entertainment
products, and are visited by more than 20,000 buyers from over 87 countries.
Gizmondo will be exhibiting at booth number 5967, giving first-hand
demonstrations of the new Gizmondo multi-entertainment handheld.
Releasing this spring across North America and mainland Europe, this
powerful piece of gaming, multimedia, and communications hardware will
ultimately be targeted at users of all ages making this event a good platform
to give retailers and buyers a taste of what's in store.
Carl Freer, Managing Director, Gizmondo Europe, says: "The Toy Fair is an
excellent opportunity for us to engage the retail community directly, and
showcase the amazing functionality of the Gizmondo. Our target demographic
will broaden significantly by the end of this year, and our retail presence
will escalate accordingly."
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.
www.gizmondo.com
www.tigertelematics.com
About Toy Industry Association
Toy Industry Association, Inc. (TIA(TM)), founded in 1916, is the
national New York City-based trade association for U.S. producers and
importers of toys, games and children's entertainment products. Its 300+
members account for 85 percent of industry sales; associate members include
toy testing laboratories, design firms and professional inventors.
Government, the trade, the media and consumers, recognizes TIA as the
authoritative voice of the U.S. toy industry.
www.toy-tia.org
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
Source: Tiger Telematics Inc
For further information please contact: Global Media: James Beaven, Indigo Pearl, For and on behalf of Tiger Telematics, Inc. and Gizmondo Europe Ltd., +44-(0)208-964-4545; US Media (also representing at the Toy Fair): Bryan Lam, Kohnke Communications, +1-415-777-4000
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