Tiger Telematics' Gizmondo(TM) Secures More UK Retail Partners
Tiger Telematics' Gizmondo(TM) Secures More UK Retail Partners
LONDON, August 5/PRNewswire-FirstCall/ --
- Major UK Retailers Take Gizmondo as Roll Out Continues
Gizmondo Europe Ltd subsidiary of Jacksonville, Florida-based
Tiger Telematics Inc (OTC: TGTL, TGTL.PK), today announced a trio of major UK
retailers will be stocking the Gizmondo multi-entertainment handheld.
Argos is the UK number one retailer for toys, small electrical
appliances and housewares. It is also a leading player in many other markets
including consumer electronics and publishes two catalogues a year, the
spring/summer edition in January and the just published autumn/winter edition
in July, which features the Gizmondo handheld and games. Customers are
offered a multi-channel approach to shopping via stores, through the website
and over the telephone.
Comet is the second largest electrical retailer in the UK and
part of KESA Electricals plc. With a fast-growing Internet sales, Comet will
be retailing the Gizmondo online and in its destination stores, featuring the
GBP129 price-point Smart Adds(TM)-enabled device.
HMV is the UK and Ireland's leading specialist retailer of
Music, DVD/Video, Computer Games and Related Products, and is also selling
the Gizmondo and games via its popular online retail site.
Previously announced UK retailers include Harrods, Carphone
Warehouse (CPW), John Lewis, and an extremely supportive independent channel
managed via Just Distribution. The Gizmondo flagship store in Regent Street,
London, continues to provide a brand experience and technology showcase in
this high-traffic location.
Jamie Robertson, Commercial Director, Gizmondo, says: "We are
extremely pleased to have Argos, HMV and Comet onboard. Manufacture is being
scaled up accordingly, and we will continue to work closely with all our
retail partners as our portfolio of content continues to grow."
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 SD and MMC card accessories.
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
'Gizmondo', 'Smart Adds', 'Tiger Telecom', 'Gizmondo Games' and the
'Gizmondo' logos and devices are trademarks of Gizmondo Europe Limited. All
rights reserved. All third party trademarks and/or copyright material are the
property 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, +44(0)208-964-4545; US Media: Bryan Lam, Kohnke Communications, +1(415)-777-4000
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