http://www.warthog.co.uk
Daily Execution Price and Volume

Major Shareholders
( 4 Nov 04) 367.48m 1p Ords - Evo Noms Ltd 9.12%, Broughton Ltd 8.16%, Chase Nominees Ltd 4.76%, Barclayshare Noms Ltd 4.71%, Goldman Sachs Secs (Noms) 4.18%, HSBC Global Cust Noms (UK) 3.81%, Gartmore Inv Ltd 3.09%, A J Hall 2.05%, Other Dirs 1.34%.
http://www.hemscott.com/internet/custom/whog/
Trades over 90,000 shares are delayed in reporting by 1 hour.

03 November 2004
WARTHOG PLC
DISPOSAL OF SUBSIDIARIES

The board of Warthog plc (the 'Company') announces that it has today completed
the sale of all of the Company's subsidiaries to Tiger Telematics, Inc ('TGTL')
together with the transfer to TGTL of certain intra-group indebtedness due to
the Company. The total consideration including assumed indebtedness is $8.11
million of which $1,113,000 will be paid in cash and $7 million satisfied by way
of an allotment of 497,866 shares of common stock in TGTL at $14.06 per share,
being the average mid market closing price of a TGTL common share over the 14
days preceding completion. These shares are restricted stock and as such can
only be traded on or after the first anniversary of completion (the
'Anniversary') in accordance with U.S. securities laws. Up to the Anniversary,
these shares will be held in escrow against any claim arising under certain
warranties, tax indemnities and completion account net asset value adjustments
set out in the sale and purchase agreement. 150,000 of the cash consideration
will also be held in escrow until the Anniversary, pending specific warranties.
The Company has waived the balance of all other amounts due to it by its former
subsidiaries.

Upon completion of the transaction, the executive directors Ashley Hall, Steven
Law and Simon Elms together with one other remaining employee of the Company
will transfer employment to TGTL leaving Ian Templeton FCA and David Robinson as
non-executive Directors of the Company. The Company has also undertaken to
change its name and will be calling an EGM to effect such a change in due course
and will at that time update shareholders further.

The board of Warthog plc has sought to complete this transaction as rapidly as
possible (and therefore did not elect to seek shareholder approval) because the
group has continued to face difficult trading conditions within the games
development industry, as reported in the Company's Final Results on 28 September
2004, which has put the group under ongoing financial pressure. In addition,
TGTL required the transaction to be consummated as expeditiously as possible, in
conjunction with the commencement of shipping of its Gizmondo product into the
UK. The transaction leaves the Company having discharged substantially all of
its liabilities and with a valuable shareholding in TGTL which will be capable
of realisation in a year's time. The realisable value of this shareholding
depends entirely upon the commercial success of TGTL and the performance of the
TGTL shares on the financial market.

The board considers, in conjunction with its advisers, that this transaction
represents the best available outcome for the Company and its shareholders.

Tiger Telematics, Inc is listed on the 'NASDAQ Other OTC Market' under symbol
'TGTL'. TGTL's publicly stated intention is to apply for a listing on the
'NASDAQ National Market' in December 2004. TGTL 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
subsidiary, Gizmondo Europe Limited ('GEL'). GEL is a wholly owned subsidiary of
TGTL and is the maker of the Gizmondo, a next-generation mobile entertainment
device which includes games, built-in music, video, messaging and picture
functions and GPS. On 29 October, TGTL began shipping its first generation
product as part of a strategic retail roll out in the UK.

The transaction gives GEL access to existing games content and porting
technology to enable the transfer of titles developed for use on other platforms
on to the Gizmondo handheld device. Warthog plc shareholders will therefore
benefit from continued investment in TGTL as it seeks to exploit the games
content and technical capabilities that the Company has developed over the past
few years.

As previously announced on 12 October 2004, GEL is interested in 8.62 per cent.
of the Company's current total issued ordinary share capital.

About the Gizmondo device
The Gizmondo is powered by a Microsoft Windows CE.net platform, boasts 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 MMC card
accessories.

The Gizmondo device and its games are due for launch in the UK in the fourth
quarter 2004 and in North American markets from the first quarter 2005.

Further information on TGTL, GEL and the Gizmondo device can be found at:
www.tigertelematics.com
www.gizmondo.com
Enquiries:
Ian Templeton
Chairman - Warthog plc
Tel: 0870 122 5420

6 November 2004.
Daily Mail Newspaper : Page 80.

DEALERS believe that Warthog, 0.11p dearer, could be a good recovery punt. More than 52m shares in the computer games developer changed hands on hopes that the worst is over. Tiger Telematics, a leading European games console maker grabbed it by the tusks in October when it bought its subsidaries, intellectual properties and assests. In return Warhog acquired a stake in TT which is now worth at least 3p per share.

my thoughts for some time, but maybe am just cynical...:-)

akel44
TGTL (OTC)

I make it 2,656,500 buys to 1,476,753 sells.

akel44
the tiger symbol is tgtl.pk, check it on yahoo.com

Go to, finance.lycos.com/qc/livecharts/default.aspx?symbols=otcf:tgtl

so when is the name change, and what happens when warthog
closes its share options with tiger at the end of the year,
will there be a new company and what direction will they go,

Tiger moving up today + 6%.

That was a welcome rise. I do believe my lungs are working again.wouldnt a positive sales report be nice?I think most of the marketing and distribution comments are just written off as hype now as without actual sales revenues it does not in itself adeliver much.IMO we always seem to be waining for the next development. I thought the European launch would have kicked the price upwards significantly. Still I would not complain if we could just have some more positive days like today.

Willfagg/Iturama
Today I have e-mailed Gizmondo Europe to enquire why we have not had any further sales developments since the 800 units sold in Regent Street on launch day, why no news of further shops to be opened internationally as previously informed , why commitments of sales have not translated into reported actual sales (availability of product??), why the only news and hype comes from Gizmondo/TGTL and not any other independant news source and why no TGTL NASDAQ listing as yet. I'm positive that America and TGTL OTC investors do not know that Gizmondo even exists!!! Will TGTL give up before August?? Will I get a reply?? Answers on a postcard please.
ps. Not selling out yet. Not keen to make a loss just yet.

DC.
With the likes of Morgan Stanley as advisers, I feel comfortable that a coherent strategy will be developed. I have often said the problem is producing enough, not sales.

This article is from MSN's Newsweek - a very popular mag both in the US and Internationally.


The Gizmondo: A Jack of All Gadgets
A small British company is challenging the kings of gaming.

By William Underhill
Newsweek International

June 6 issue -
Thinking sideways seems to be one of Carl Freer's specialties. The 35-year-old entrepreneur originally set out to develop a small device that parents could use to keep track of their children. After some initial testing, he and his business partners junked the idea. "We decided no kid in his right mind would want to be tracked or traced," he says. But Freer quickly came up with another way to use Global Positioning System (GPS) technology: to target ads to users on the move.

This thinking eventually led Freer and his colleagues to the Gizmondo, a handheld "multifunctional entertainment device," already on sale in Europe and due to hit the U.S. market later this summer. Freer's audacious plan is to pit Gizmondo against the handheld gaming devices of heavyweights Sony and Nintendo. Despite the competition, Freer aims to sell 3 million of his novelty-packed consoles worldwide by the end of the year.

Developed at a cost of $100 million, the Gizmondo offers much more than the standard gaming console for 15- to 35-year-olds, his target market. It's a "lifestyle product." Ever wanted a single handheld machine that could show DVD-quality films, play music, take pictures, send and receive e-mail and locate your position on a map? Ohand also play games? The Gizmondo sales slogan: "I can do anything."

It's going to have to do an awful lot to beat the competition. The Gizmondo's launch more or less coincides with the appearance of Nintendo's DS and Sony's PSP. Neither includes GPS technology, but they both boast a classy back catalog of games and sell for considerably less than the $399 price tag of the Gizmondo. "It's a complete David and Goliath situation," admits Freer. "But I have a very sharp stone."

Will it sell at that scary price? It won't have to, says Freer. Buyers ready to receive the occasional adtailored to their particular interestscan have their Gizmondos for a knockdown price of $229. The solution plays neatly to one of the device's strengths. The hungry Gizmondo owner sauntering through Leicester Square won't just receive an ad for his favorite burger jointits location will appear on his screen.

Freer is a veteran of high-tech start-ups. He's the founder of a Swedish media sales company and a software outfit that pioneered video-compression techniques. (He was named Swedish Entrepreneur of the Year in 1997.) Another Freer company, Tiger Telematics, the parent of Gizmondo, now awaits a full NASDAQ listing this summer with an estimated cap of $1.5 billion.

Freer's confidence rests on the sheer scale of the potential market. About 1.6 billion people now own a mobile phone, and there's plenty of evidence that they'd like to do more with their handheld gizmos. "We are going where no one else has been before," says Freer. "But it's no suicide mission."

so if they want to sell 1mill by year end ,how many have they sold to date?They will only get c5months of US sales sfter the launch so I reckon it woill have to be mighty successful. At the moment it has the market to itself but with the launch of the competition coming up soon it s going to get tough

Reference my previous post 1079, I am pleased to share with all the e-mail reply I got as follows

"Thank you for taking the time to communicate your concerns. I will endevour to answer as many of the specific points you've raised as I can. I have also cc'd Gurdip Binning in Investor relations, who may also be able to assist you further.

Store openings - these are still going ahead, but in light of the 11th August release date the plan is to build to that date. Negotiations and fitting plans for the shop space are continuing at present.

International press - You should be seeing a wealth of press coming through both from the UK and US reporting from E3. We've had a number of nominations for 'Best of...' at the show and have been extensively covered in the media. There's also been great pieces of coverage on IGN, GameSpot, and a feature in this week's edition of Newsweek

Unit Sales - The 800 units sold from the Regent Street store opening actually increased to 1100, as they completely cleared their stock allocation in the first day. We've been careful not to release sales information at this time for two reasons; firstly, we can't until we've filed, and second, until we've completed the UK retail roll out we will not be comparing apples for apples against the competition. Regarding unit orders, for the US in particular we are working with the US trade media which has longer lead times, meaning we won't be confirming those straight way. However, it will have a much bigger impact when the news breaks.

Retail - The UK's soft launch strategy has meant bringing retailers on board in stages. CPW was focused around manchester and on their website initially. Those units have sold very well, and our training staff have just finished sessions with their South West teams. We will be announcing more retailers in the UK over the next two weeks, but again, we're working closer with the trade publications and have to adhere to their lead times before making those announcements.

You're going to see a number of announcements over the summer. The E3 tradeshow was quite a landmark for us, both from sales and content perspectives.

If you have any more questions, either myself or Gurdip will do our best to answer them

Kind regards

james beaven
head of global comms
Gizmondo"

Well done Deancroft - feel a bit more positive. Thanks.

Received follow up e-mail from James Beavan which has an xls spreadsheet attached named "E3 2005 follow up" and described by James as a PR spreadsheet. It has about 150 line entries of items relating to recorded interested parties and proposed reviews/publications.

d - jolly good show - as mentioned previously gizmondo seem to be doing the right things, while doing things right - just a tad slower than we would like :-)

So is anyone still topping up their holdings at these levels to average their purchase price down or has everyone too busy praying to put their hands in their pockets?!

Not too sure but I think the latest round of SEC filings (03/06/05)for TGTL now bring their accounts up to date for pre-requisite compliance for NASDAQ listing unless they have to wait to file the latest accounts up to June 2005 before getting acceptance. Anyone clear on this??

some topping up - tgtl sp improved over last two days as well

There is a lot of buys today compared to sells.

long may it continue..

LONDON, 7th June 2005 Gizmondo Europe Ltd subsidiary of Jacksonville,Florida-based Tiger Telematics Inc (other OTC, TGTL) announces three more game title releases; the hugely addictive Sticky Balls, which was shown for the first time at E3, superb future-sport arcade game, Ball Busters, and beach-based Pocket Ping Pong 2005 from the masters of mobile gaming, Fathammer.Full story:-
Gizmondo Got Balls
http://www.gizmondoforums.com/