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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.

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

Mr Mole - 05 Aug 2005 09:04 - 1238 of 1449

I agree willfagg. Hope they tie up this news with some other positive news to keep investors interested...otherwise....but, on the other hand a half baked roll out across the USA would potentially do more harm than good, so they have to get it right.

willfagg - 05 Aug 2005 10:04 - 1239 of 1449

i think they just like the tension! This must be the longest drum roll in history!

paul30661 - 05 Aug 2005 10:37 - 1240 of 1449

An October launch also means that there will not be sufficient definite sales news around when WHOG has the TGTL shares released from Escrow.

Could make for an exciting EGM perhaps ?

iturama - 05 Aug 2005 15:55 - 1241 of 1449

LONDON, 5th August 2005 Gizmondo Europe Ltd subsidiary of Jacksonville, Florida-based
Tiger Telematics Inc (other OTC, TGTL), today announced a trio of major UK retailers will
be stocking the Gizmondo multi-entertainment handheld.
Argos is the UK number one retailer for toys, small electrical appliances and housewares. It is also a leading player in many other markets including consumer electronics and publishes two catalogues a year, the spring/summer edition in January and the just published autumn/winteredition in July, which features the Gizmondo handheld and games. Customers are offered amulti-channel approach to shopping via stores, through the website and over the telephone.
Comet is the second largest electrical retailer in the UK and part of KESA Electricals plc.
With a fast-growing Internet sales, Comet will be retailing the Gizmondo online and in its
destination stores, featuring the 129 price-point Smart Adds-enabled device.
HMV is the UK and Irelands leading specialist retailer of Music, DVD/Video, Computer
Games and Related Products, and is also selling the Gizmondo and games via its popular
online retail site.
Previously announced UK retailers include Harrods, CarPhone Warehouse (CPW), John
Lewis, and an extremely supportive independent channel managed via Just Distribution. The
Gizmondo flagship store in Regent Street, London, continues to provide a brand experience
and technology showcase in this high-traffic location.
Jamie Robertson, Commercial Director, Gizmondo, says: We are extremely pleased to have
Argos, HMV and Comet onboard. Manufacture is being scaled up accordingly, and we will
continue to work closely with all our retail partners as our portfolio of content continues to grow.

iturama - 05 Aug 2005 16:38 - 1242 of 1449

LONDON, August 5, 2005 /PRNewswire-FirstCall via COMTEX/ -- Gizmondo Europe Ltd subsidiary of Jacksonville, Florida-based Tiger Telematics Inc (OTC: TGTL, TGTL.PK), has rescheduled the launch of the Gizmondo multi-entertainment handheld in North America from its original 11th August street date in favour of targeting the more active fourth quarter sales period commencing in October.
Two USA-specific pieces of software in development had originally prompted a summer launch. A much anticipated satellite navigation package utilising the unique GPS functionality, and, an as yet unannounced highly significant game title for the North American market, have been subject to short delays. Consultation with US retailers has influenced the move to a fall release, which will now benefit from a larger launch game portfolio, higher levels of inventory than was originally possible, and will be supported by the new Los Angeles offices due to be opened on 15th August.

Mike Carrender, CEO, Tiger Telematics, said in a recent interview: "We have requested and are looking for 500,000 units from the Gizmondo manufacturer to be available during the USA introduction in the fourth quarter. Gizmondo sales executives have had discussions with numerous USA retailers that have indicated plans to stock the product, and we will be press releasing shortly the specific details of the North American launch along with an expansion of our retailing plans, which includes many more Gizmondo owned retail sites."

Detailed information regarding the North American launch will be announced over the next two weeks.

Carl Freer, Co-founder and Chairman, Tiger Telematics, added: "We're mindful that North America is a hugely influential and strategically important market, and we're determined to package every aspect of the US launch to succeed. Right now this means a short term delay, but the benefits clearly outweigh any criticism we may have to face."

mtwallit - 08 Aug 2005 08:48 - 1243 of 1449

looks like they are going for a bigger launch effort than prveiously envisaged albeit a few weeks later than planned - cant be bad - online retail sites will give more credence here in UK - so...what do we think realistic price will be in October? would like to sell half - retain rest/or buy few for 6 months/year - is 2.5 obtainable in that period - crystal ball time?

paul30661 - 08 Aug 2005 12:39 - 1244 of 1449

The problem with a later launch is that they will lose any timing advantage that they may have had over the PSP.

Unless they are going to revamp the Giz, (which presumably as they're building stock levels they aren't), I see this as a v.big negative for th Giz.

They are effectively going head to head with Sony for the Christmas market, and whilst, yes, I know that the Giz only has to capture a small part of the market, I can see another Playstation / X-Box type clash. Even though the X-Box was technically superior, it failed to take off at launch as the Playstation was cheaper and had more marketing clout behind it.

IMHO what TGTL should be concentrating on is the GPS feature of the Giz, and the subscription services thereon, (navigation, tour guides, child tracking, etc) rather than just building up the games content. The GPS they could / should launch now, even if they subsidise the machines similar to mobile phone handsets.

willfagg - 09 Aug 2005 19:10 - 1245 of 1449

TGTL drifting down recently. They were challenging $20 but are now at $14. 13% down today .could do with some solid business news

eggbert - 09 Aug 2005 20:43 - 1246 of 1449

Too rite,a couple of big buys here though.

deancroft - 09 Aug 2005 23:18 - 1247 of 1449

CSR PLC: CSR adds Bluetooth to the Gizmondo's long list of functions

Cambridge, UK, Aug 08, 2005 (M2 PRESSWIRE via COMTEX) -- CSR PLC (LSE: CSR.L), the world leader in Bluetooth technology, today announced that its BlueCore technology is now to be found inside Gizmondo - the new multi-entertainment handheld from Tiger Telematics. Gaming, digital camera, MP3 and MPEG4 video player are just some of the functions of the Gizmondo that can benefit from the Bluetooth wireless connectivity provided by CSR's BlueCore3 silicon. Using BlueCore, the Gizmondo is able to connect to other Gizmondo devices within a 10-metre range for multiplayer gaming. It is also possible to transfer MP3 files or photos, taken using the Gizmondo's built-in digital camera, to a Bluetooth-enabled mobile phone or PC.
By employing CSR's BlueCore, Gizmondo is automatically compatible with the full range of Bluetooth products on the market today, 60 percent of which incorporate CSR's market-leading silicon for the short-range wireless technology. Given the large range of functions on the Gizmondo and its inherent need for portability, it is essential that any technology incorporated does not have an impact on either the overall unit design or its power consumption. BlueCore3-ROM offers the industry's lowest power consumption rates and is available in chip-scale packages (CSP) of less than 4x4mm. These hardware features, supported by the industry's most flexible and robust Bluetooth firmware options, make CSR's BlueCore ideal for converged devices such as the Gizmondo.

"The Gizmondo is a very innovative design that is leading the way in electronics convergence. This device incorporates an amazing array of features going far beyond just adding camera or PDA functions to a phone - Gizmondo is certainly a sign of things to come," commented Ian Diaper, Business Development Manager, CSR. "There is a growing trend of manufacturers adding essential wireless functionality to their products, but at the same time they are increasingly demanding that it has the least impact on the product's physical design and power consumption. CSR's experience in having already brought Bluetooth technology to a vast range or market-leading products, including some of the smallest mobile phones on the market, enables us to understand and to cater to such demands."

David Levett, Chief Software Architect, Gizmondo, says: "CSR's Bluetooth solution delivers versatile and user friendly connectivity that's perfect for the Gizmondo audience. Peer-to-peer multiplayer gaming is the first area that will exploit this functionality, and we look forward to announcing new and exciting ways Bluetooth can be incorporated into other entertainment aspects of the device."

About CSR

CSR plc is the leading global provider of Bluetooth technology and has developed expertise in other single-chip wireless communication standards such as Wi-Fi (IEEE802.11). CSR offers developed hardware/software solutions for Bluetooth based around BlueCore, a fully integrated 2.4 GHz radio, baseband and microcontroller.

CSR is now producing its fourth generation BlueCore devices. BlueCore4 supports the Enhanced Data Rate (EDR) standard which was ratified at the end of 2004. BlueCore4 remains the only EDR silicon to be shipping in volume today. In November 2004 CSR launched UniFi, the first single chip 802.11a/b/g embedded solution specifically targeting the mobile phone and consumer electronics markets.

BlueCore features in over 50 per cent of all Bluetooth devices shipped and over 60 per cent of all qualified Bluetooth enabled products and modules listed on the Bluetooth website with industry leaders including Nokia, Dell, Panasonic, Sharp, Motorola, IBM, Apple, NEC, Toshiba, RIM and Sony using BlueCore devices in their range of Bluetooth products.

In March 2005, CSR acquired Clarity Technologies Inc., for its Clear Voice Capture (CVC) technology that enhances the audio performance of any voice-based product or system. Applications for CVC include wireless headsets, handsets and automotive hands free systems.

CSR has its headquarters in Cambridge, UK, and offices in Japan, Korea, Taiwan, Denmark, Sweden and both Texas and Detroit in the USA.

More information can be found at www.csr.com and the partner web site www.btdesigner.com

More information about Bluetooth technology can be found on the SIG web site at www.bluetooth.com

paul30661 - 10 Aug 2005 10:20 - 1248 of 1449

I agree, we all need some real solid good news on this one, not just drip, drip, another function, (which I thought was already on it anyway) or another games conversion.

Why are they so coy about publishing sales figures for the UK market - unless they are awful ?!

queen1 - 10 Aug 2005 13:17 - 1249 of 1449

Why is the sp falling off the cliff today?

iturama - 10 Aug 2005 13:39 - 1250 of 1449

Q1.
Because TGTL dropped to around $14 yesterday.

willfagg - 10 Aug 2005 15:37 - 1251 of 1449

back up to $15.90
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