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Warthog Looking to the future !!! (WHOG)     

SueHelen - 23 Dec 2003 17:29

http://www.warthog.co.uk
Daily Execution Price and Volume
big.chart?symb=uk%3Awhog&ma=None&maval=9big.chart?symb=uk%3Awhog&ma=None&maval=9big.chart?symb=uk%3Awhog&ma=1&maval=10&ubig.chart?symb=uk%3Awhog&ma=1&maval=50&ubig.chart?symb=uk%3Awhog&ma=1&maval=200&
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.

Mr Mole - 27 Jul 2005 08:47 - 1218 of 1449

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

Paulo2 - 27 Jul 2005 08:56 - 1219 of 1449

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

Mr Mole - 27 Jul 2005 15:57 - 1220 of 1449

Tiger holding steady - some good buys going through.

iturama - 27 Jul 2005 17:01 - 1221 of 1449

Not a bad day at the office!

iturama - 30 Jul 2005 07:57 - 1222 of 1449

You can now buy the Gizmondo at Argos. It is in the latest catalogue and on the website.

http://www.argos.co.uk/webapp/wcs/stores/servlet/Search?storeId=10001&catalogId=3801&langId=-1&searchTerms=gizmondo&go.x=19&go.y=13

mtwallit - 30 Jul 2005 20:08 - 1223 of 1449

well if it is in argos it must be good! good price and a couple of games there...

iturama - 01 Aug 2005 07:20 - 1224 of 1449

This should prove an eventful couple of weeks for Tiger. I expect some blockbuster announcements.

Mr Mole - 02 Aug 2005 10:39 - 1225 of 1449

Just seen a 12 mill buy (at least I think it was) at 1.31p go through. Tiger and WHOG seem very steady at the moment. Waiting for the roll out in the USA? Will the USA roll out coincide with releasing unit sales figures from Europe??

thesaurus - 02 Aug 2005 10:52 - 1226 of 1449

That is a very significant 'buy'. I am suprised it has not caused some positive effects on the share price this morning. Also I notice the buy was at 1.30-31

iturama - 02 Aug 2005 10:58 - 1227 of 1449

Looks very much like a rollover. That you, TB??

grahamrae - 02 Aug 2005 13:08 - 1228 of 1449

why would the bid price drop with a 12 million buy? or is this to stop sell orders?
something good coming...?

iturama - 02 Aug 2005 14:17 - 1229 of 1449

It was not a 12mill buy. It was a 6m rollover from 1.30 t0 1.31. Therefore neutral to MM activity. The drop maybe because someone made a large sell that has not been reported yet, or because someone asked for a firm quote on a large sell. SCAP got cold feet and aligned its bid with the other MM's.

willfagg - 02 Aug 2005 16:01 - 1230 of 1449

TGTL is down .75 todayso cant grumble.

iturama - 03 Aug 2005 07:02 - 1231 of 1449

I am informed that there will be a press release this Friday with regard to Argos, to coincide with announcements in the trade papers.

willfagg - 03 Aug 2005 08:23 - 1232 of 1449

good news always welcome!however I think the USA launch will be the big thing this month.Still eagerly await some indication of how european sales are doing?

iturama - 03 Aug 2005 16:26 - 1233 of 1449

LONDON, August 3, 2005 /PRNewswire-FirstCall via COMTEX/ -- - One-New-Game-a-Week Release Policy Continues Unabated
Gizmondo Europe Ltd subsidiary of Jacksonville, Florida-based Tiger Telematics Inc (OTC: TGTL, OTC: TGTL.PK), is delighted to confirm this month's line up on titles for release on the Gizmondo multi-entertainment handheld as Point of Destruction(TM), Classic Compendium(TM), Ball Busters(TM), EA SPORTS(TM) FIFA Football 2005, and SSX 3(TM).

Following hot on the heals of recent releases, Sticky Balls(TM), the fiendishly addictive puzzle game, and the awesomely fast driving spectacular, Richard Burns Rally(TM), these games promise to offer something for everyone.

The new titles start with another Shaun Southern classic. Originally an arcade classic on the Commodore 64, Point of Destruction has been revamped and remade for the Gizmondo by the same team who brought you the highly addictive 'Trailblazer'. The player takes control of the POD, a spherical spacecraft sent down onto the "Power Grid" to thwart an alien attack. The mission is to withstand each enemy attack, pitted against the clock, until time runs out and you move forward to the next wave. Point of Destruction releases this week priced at GBP9.99.

Cameron Spilman, Executive Producer, Gizmondo, says: "Point of Destruction is another classic title that works so well on a handheld format. It's fun, easy to pick up and play, and is releasing at a great price point."

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.

iturama - 04 Aug 2005 09:52 - 1234 of 1449

Steady buying this morning. Looking good.

eggbert - 04 Aug 2005 20:33 - 1235 of 1449

North American launch delayed.Sales figures to follow.
http://www.gamesindustry.biz/content_page.php?aid=10569

willfagg - 05 Aug 2005 08:37 - 1236 of 1449

as the launch date is so close you would think the new launch date would be in the announcement?

willfagg - 05 Aug 2005 08:47 - 1237 of 1449

Thanks for the news eggbert.spoke too soon, they have put it back to October which is dissappointing and will probably have a negative impact on the share price.Having read the article I am still unclear when they are going to release news of sales performance
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