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.

Just some profit taking. To be expected. However, will they be kicking themselves later?

From Theregister

http://www.theregister.co.uk/2005/07/15/gizmonda_uk_cuts/

Its not often you hear about British workers being having their jobs sent to California, but handheld maker Gizmondo and parent company Tiger Telematics have done just that.
The company announced last week that it will open an LA-based office to lead the charge for the upcoming US release of its gaming/communications device. At the same time, it said it will streamline its UK operation.
It has now emerged that this will involve laying off most of Gizmondos UK-based team and shipping everything to the states in order to cut costs and increase profit margins in what it hopes will be a far more lucrative market. Pre-streamlining, the firms head office in Farnborough had 49 staff, with another 70 at its Manchester design studio.
Many of the British staff are apparently fresh out of university and in their first job.
"We are aligning the core competencies of the group to meet prevailing and future market requirements," said a Gizmondo spokesman. "It's our duty to shareholders to strive for efficiencies, and due to co-publishing and development commitments from major game publishers, the need for internally biased game development programs has significantly decreased."
The spokesman was would not comment on the extent of the streamlining, saying: "We're currently in a period of consultation with those staff who may be affected, so it would be inappropriate to comment further at this time."
Well, looking on the bright side, visas to work in the US are going begging these days, so if they want, the UK staff could probably up their lives and move to California.
Separately, Gizmondo has settled its long-running legal dispute with the Jordan Formula One operation, Tony Smith writes.
The two companies agreed a "multi-million pound" sponsorship deal in July 2003 for the remainder of the 2003 race season and the full 2004 season. The money was not forthcoming, and Jordan accused Gizmondo parent Tiger Telematics of "reneging" on the deal. It backed the accusation with a lawsuit.
Last week, the two companies said they had agreed to settle the case out of court. Jordan gets $1.5m and 30,000 Tiger shares. The Pink-traded stock closed at $18.55 last night, well below the $32.91 it reached in January ahead of the imminent UK Gizmondo launch and the US debut then expected to take place soon after.

Tiger trading at $19.70

The NAV value of the shares and cash alone, which will be released from escrow on November 3, is now 1.60p.

Apologies for being somewhat off thread, but having returned from being on holiday last week, and after asking the wesbite support but not receiving a reply, what has happened to the summary of BB threads on the new quotes pages ?

It was always useful to see when or whether a particular board had been added to when looking at the latest price and news. Have they been moved / discontinued / available to subscribers only ???

10% fall on Tiger yesterday - profit taking??

Profit taking yes. Mr Mole, you must also realise that Tiger has gone from $11 to $19.70 in a matter of weeks. There have not been many trading days where Tiger has dropped in price. Tiger should make gains on yesterday's losses over the next couple of days

Tiger is already up 3.5% before the 9.30 open

Any one have any idea on why all sells today

given bid price went from 0.8 to 1.2 ish (50%) over the last few weeks a few rationalising their holdings? suspect will see a few waves and troughs as we head upwards for US launch - (if its 1.6 par value would be nice to see bid c 1.5 ish)
see tiger crept back up yesday

Tiger trading around $19 again today

Tiger trading at 19.50 today

Tiger nudging up a little. Will $20 per share be reached? Disappointed to see WHOG SP drift a bit.

Tiger closed at $20

Always good to finish on a high. One good press release and it will fly.

Strong buys this morning...news release must be on the way

Ride that hog......yee ha!!!!! (to be spoken in a Dukes of Hazard kind of way)

Hyle, I think it's just the $20 barrier being breached with Tiger.

Tiger holding steady - some good buys going through.

Not a bad day at the office!