Tiger Telematics Confirms Gizmondo Street Date For North America

Tiger Telematics Confirms
Gizmondo™ Street Date For North America

Los Angeles, CA, – May, 19th 2005 –
Gizmondo Europe Ltd., subsidiary of Jacksonville, Florida-based Tiger Telematics
Inc. (other OTC, TGTL) is pleased to announce the street date for North America
of its new multi-entertainment handheld, Gizmondo, as the August,11th 2005.

The announcement follows recently
released detail of hit content from major games publishers [06/05/05: “Gizmondo
Lines Up Four Ubisoft Blockbusters”, and 17/05/05: “EA Backs Gizmondo With
Blockbuster Titles And Co-Publishing Deal”], and a declaration that 89 games
will be launching on Gizmondo this year.

The extremely powerful, pocket-sized
console is attracting enormous attention at the E3 (Electronic Entertainment
Expo) event in Los Angeles, California, where it is currently exhibiting (South
Hall, Booth #1078). As well as demonstrating the six core functions of games,
music, movies, messaging, digital camera, and onboard GPS, Gizmondo has used
this globally-renowned industry event to unveil two brand new awesome gaming
features, Augmented Reality and Gyroscopic Camera Technology, as well as the
line up of GPS-enabled games exclusive to the format.

Mike Morgan, VP of Global Sales,
Gizmondo, says: “We will be announcing our retail and distribution partners
through the trade media over the next few weeks. The sales meetings being
conducted at the show have been tremendously productive and there is a genuine
excitement regarding the product from everyone we’ve met with.”

Carl Freer, Co-founder and Chairman,
Tiger Telematics, says: “The partnerships we’ve developed with major games
publishers, married with internally developed content, satellite navigation
products and Smart Adds, will present a unique portfolio that will guarantee the
Gizmondo will stand out when we launch in the US on 11th August.” He added, “The
North American market is hugely important and we will make every necessary
resource available to ensure a successful launch.”

Editors Notes 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 currently launching the in UK and Continental Europe markets, with the North
American launch to be announced this week.

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. Patents pending. 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.

 




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