Tiger Telematic's Gizmondo Premiers the World of 'Colors' - World's First GPS/GPRS-Enabled Interactive Game - at E3Expo 2004 LOS ANGELES, May 12 /PRNewswire-FirstCall/ -- - Tiger Telematics' Gizmondo Displays First Generation of the Urban Warfare Game "Colors", for its Multi-entertainment Handheld Wireless Device at E32004 In a move to take the gaming industry by storm, Gizmondo Europe Ltd., subsidiary of Tiger Telematics (OTC:TIGR), unveiled today "Colors," a GPS-enabled interactive game at the 2004 Electronic Entertainment Expo (E3Expo) 2004. E3Expo is the world's premier trade show for computer and video games and related products now in its tenth year. Developed specifically for the eagerly anticipated Gizmondo new, handheld multi-entertainment device, "Colors," created by Indie Studios AB out of Stockholm, Sweden, an interactive, multi-player game that incorporates a player's physical location into the game itself, creating a unique virtual gaming world that can extend to the off-line world. "Colors" is the first release in a line of interactive games developed exclusively for Gizmondo. A first generation will be showcased, and available for 'hands-on' demonstrations at E3, May 12-14 in Los Angeles at the Convention Center in the Gizmondo booth at South Hall booth #446. "Like the handheld Gizmondo device, 'Colors' truly takes portable gaming to the next level. This is a game for the mobile console era that utilises every aspect of the Gizmondo functionality and will likely set a new standard for innovative games on this platform," said Mikael Astrom, Executive Producer of Indie Studios. Unlike other gang warfare games, "Colors" enables players to battle for supremacy of their designated environment, leveraging Gizmondo's GPS-capabilities and messaging over GPRS. In addition, players can use the device's Bluetooth 2 for item trading, and digital camera to help personalise the gaming experience even further. Colors players will also have the option to create 'crews' or teams with friends and can test their skills against other teams." The Gizmondo, powered by a Microsoft Windows CE.net platform, boosts a 2.8-inch TFT colour screen with a Samsung ARM9 400Mhz processor and incorporates 64-bit graphics accelerator. It provides cutting-edge gaming, multimedia messaging, a 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. Available Q4 2004, "Colors" will be sold worldwide at consumer electronics and toy retailers worldwide. Gizmondo, which will also be available worldwide later this year at consumer electronics and toy retail locations. 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 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. DATASOURCE: Tiger Telematics Inc CONTACT: Global Media: Patrik Wallgren, Head of Global Public Relations, +44-7813-647-752. US media: Kelly Gordon, Ogilvy PR Worldwide, +1-312-397-6044. Mike Carrender, CEO, Tiger Telematics, Inc., +1-904-279-9240

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