- Next Generation Handheld Incorporates Gaming, MP3 Player,
Digital Camera, GPS Chip and Bluetooth
LOS ANGELES, May 11 /PRNewswire-FirstCall/ -- Gizmondo, the eagerly
anticipated new handheld multi-entertainment device from Tiger Telematics
(OTC: TIGR) will be showcased this week at the 2004 Electronic Entertainment
Expo (E3Expo), May 12-14, at the Los Angeles Convention Center. E3Expo is the
world's premier trade show for computer and video games and related products
now in its tenth year. The Gizmondo booth (formerly Gametrac), located in the
South Hall #446, will be a hands-on experience where attendees will have an
opportunity to experience the fully functioning gaming device.
The Gizmondo, powered by a Microsoft Windows CE.net platform, boosts a
2.8-inch TFT color screen with an ARM9 400Mhz processor and incorporates a
64-bit graphics accelerator. It provides cutting-edge gaming, multimedia
messaging, an MP3 music player, MPEG 4 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 is changing the way consumers access multi-media
entertainment by providing users with the ability to play video games, listen
to music, take pictures, view movies and music videos all from one device that
fits in the palm of their hand," said Carl Freer, MD of Gizmondo Europe, Ltd.
"In addition to its multi-media capabilities, Gizmondo is also the first
handheld device to provide GPS and GPRS technologies -- extending the reach of
gamers to a virtual level never experienced before."
The Gizmondo booth at E3 will include an interactive environment with
multiple kiosks where attendees can enjoy the device's multimedia and virtual
reality capabilities. In addition to the launch of the device, Gizmondo will
introduce its first proprietary game, "Colors," in which players can integrate
their physical surroundings into the games' logistics through the GPRS
capability. The Gizmondo is scheduled for worldwide distribution in early Q4
2004 and will be available in consumer electronic and toy retailers, including
Toys 'R' Us in the UK.
About Tiger Telematics and Gizmondo
Gizmondo Europe Ltd. is an owned subsidiary of Tiger Telematics Inc
(OTC: TIGR) and is the maker of Gizmondo, a next-generation mobile
entertainment device. Set to launch in the UK in 2004, the gaming device
includes in-built music, video, messaging and picture functions.
http://www.gizmondo.com and http://www.tigertelematics.com.
Tiger 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.
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.
SOURCE Tiger Telematics; Gizmondo
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Related links:
http://www.gizmondo.com
http://www.tigertelematics.com
CONTACT:
Global Media: Patrik Wallgren, Head of
Global Public Relations, +44-7813-647-752, or Mike Carrender,
CEO, +1-904-279-9240, both of Tiger Telematics, Inc.
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