Gizmondo(TM) Promises E3 Extravaganza
Tiger Telematics' Gizmondo(TM) Promises E3 Extravaganza
LONDON, April 28 /PRNewswire-AsiaNet/ --
Gizmondo to Announce US Street Date and Unveil New Games, New Technology, and New Licences
Gizmondo Europe Ltd, subsidiary of Jacksonville, Florida-based Tiger Telematics Inc. (OTC Bulletin Board: TGTL, OTC Bulletin Board: TGTL.PK) is delighted to announce its Biggest E3 presence ever with a roster of fantastic new games to be unveiled, hands-on demos of the amazing multi-entertainment device, a string of A-list performances, and the first showing of some incredible new game hardware technology not available on any other gaming console.
The Electronic Entertainment Expo (E3) is the world's leading trade event exclusively dedicated to showcasing interactive entertainment and educational software and related products, and runs from 18-20th May at the massive Los Angeles Convention Center.
The industry's annual focal point, E3 draws tens of thousands of industry professionals and analysts to experience the future of interactive entertainment. The industry's most influential people leading the most innovative companies come to this event to showcase groundbreaking new technologies and never-before-seen products for computers, video game consoles, handheld systems and the Internet.
Gizmondo's multi-million dollar investment at this year's event will be impossible to miss. Positioned next to Microsoft(R) in South Hall and with 4500'-square of floor space, the stand will feature eight brand new titles in development, a further eight finished games, two new pieces of gaming technology on the handheld, an introduction to the revolutionary Smart Adds(TM) system, and entertainment-packed afternoon performances by A-list celebrities -- all of which will be announced closer to the event.
Gizmondo will also be announcing new sponsoring partnerships, game licenses, future developments and the streetdate for the US launch of the multi-entertainment handheld.
Carl Freer, Co-Founder and Chairman Tiger Telematics Inc., comments: "Last year we were the newcomer at E3 showing a prototype of the Gizmondo and people were impressed. This year we're back with a multi-million dollar investment in the event, the finished article, and a fantastic line up of launch content." He added, "We're ready for the US."
About Gizmondo 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 SD and MMC card accessories.
The Gizmondo device and its games are in retail stores now in the UK, launch in mainland Europe from 19th May 2005, and in North America from Summer 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.
The names of actual companies and products mentioned herein may be the trademarks of their respective owners. 'Gizmondo,' 'Smart Adds,' 'Tiger Telecom,' 'Gizmondo Games' and the 'Gizmondo' logos and devices are trademarks of Gizmondo Europe Limited. All rights reserved.
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.