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.

If the sat-nav works well i will buy one,also using it as an mp3 and gaming device.It is priced pretty well.Giz and sat-nav for 199.Does'nt tomtom start at 350.Why would you want to carry a tomtom,ipod and psp if one machine did all?It just needs a big push for xmas.The Giz will also rely on its gaming content.1 or 2 killer titles will make a huge differance.

How much revenue is Warthog generating from back catalogue games.It has released one game since the giz deal.http://shop.game.net/ViewProduct.aspx?cat=10031&mid=324630

I do agree eggbert that if the big titles come along it will def add to the arguement. The problem with the console itself is that I'd LOVE an i-pod, PSP and Tom Tom in one but I cant see technically how they can do that.

1. MP3 Player - uses SD Flash card technology which does NOT come with the unit. A mere 512MB sets you back 50 quid, 1 GB is 80ish. This means that you can add 80 to the unit price and it still only rivals Apple's i-Shuffle which is 99. The comparison to an i-pod of 30 GBytes is still a good 3 - 4 years away using solid state memory like an SD Card.

2. Sat Nav - You are 100% correct over the price of Tom Toms. For the moment they are well above the price for the Advert Contect Gizmondo. And if they can do as well with the software as Tom Tom have done - I'll be buying straight back in. Tom Tom devices are Ok-not brilliant, but the whole focus of the company is on Sat Nav provison. Gizmondo are trying to gobble up mobile gaming, Sat Nav applications AND digital music players using a 400 Mhz chip! As an Electronic and Communications Engineer I do agree with their vision as this will definatley be the future - but I think the technology isn't quite there to support the dream. Well not yet anyway. Plus the fact they need a HUGE team in each area to beat their rivals........

I do think a 'big push' is needed, a lot on the Xmas rush. All the kids today already want a psp so they can forget that market already. Also looking at the products this Xmas, PSP already have the widescreen in the shops, Giz wont have them in the shops till Jan (thats off the top of my head so I'm not sure but its not before xmas). They're gonna have to aim for the Young Professional with a bit of spare cash. I dont fancy their chances though in the longterm.

However this comes back to marketing. Doesnt matter if their 50 if noone knows about them!

SP wise, if it drops back below the 1p mark I'll buy back in. I'm sure you'll all make some profit in the short term though around the launch date as the SP must move a bit northwards.

dissappointing current performance of TGTL is dragging the WHOG price down. Not in $16-$18 comfort zone anymore.Where to from here? A lot resting on this USA launch in October. Does any one know the exact date of this launch?

I believe the date is still to be announced. Being this close to october this is worrying.

I went and saw it exists in the Argos catalogue at my local shop to cheer myself up but I still worry about how anyone is going to know about the products existence that will make someone go and buy one from Argos( or anywhere else come to that!)
It is surprising that the awarenes is so low , you would think the GIZ shops would have achieved some market penetration?...maybe im talking to the wrong people as i guess i qualify as being ready for my zimmer

This is the main reason I sold willfagg. I'm in my early 20's and if I haven't seen any advertising aimed at me by now, I'm concerned about their xmas sales!! Already the PSP is the thing to have and Giz dont seem to be even TRYING to combat it. I cant think what they're playing at. This american delay is a bit concerning too, as Stringy says. To get some sort of sales at Xmas, its GOT to be launched before the end of septmber. Their original date of 11th August would have been perfect. They promised an updated date in two weeks from the RNS of the delay and nothing has materialised. Maybe management know something we dont....

Well Bugz i hope your not correct although I admit I am looking for an opportunity to do some damage limitation now rather than get rich.I saw some of this coming and should have reduced my holding when they were 1.4p but didnt and decisions are more difficult now.For what its worth if i had spare now i would be looking at FTO and SEO both look good long term prospects with potential to multibag.

Yeah I'm already in SEO up to my neck! I had hardly anything in WHOG previously-was just a punt. I'm sure the sp will notch up a bit when the launch happens but after that...dunno!

TGTL down from $18 1st Sept to $13.50 today. not a pretty sight

Surely with all this negative news the SP should be moving up by now ;-)

As has been mentioned before on here, the move up in TGTL, (if it comes) will either be when they change their market listing, (no news on this) or when (if) they realease sales figures for any or all of UK, Europe and eventually the US.

However, on the basis that they seem to trot out a press release for any old game launch, if they had good news on sales I would have thought that they would have said - therefore in this case, no news is bad news!

I don't think anyone saw this coming, maybe TGTL is, after all, thinking hard about its competition. The game is not over yet!!

Tiger Telematics' Confirms the Completed Development of the 2006 Release of a Widescreen Next Generation Model


- With photo

LONDON, UK, Sep. 16, 2005 (Canada NewsWire via COMTEX) -- Gizmondo Europe Ltd subsidiary of Jacksonville, Florida-based Tiger Telematics Inc (OTC: TGTL ; OTC: TGTL.PK) today addressed media speculation that the widescreen model in the Gizmondo range is now developed, following the publishing of unofficial prototype photographs.
(Photo: http://www.newscom.com/cgi-bin/prnh/20050916/185327a)

(Photo: http://www.newscom.com/cgi-bin/prnh/20050916/185327b)

The WiFi and GSM Voice-enabled Gizmondo Widescreen had been kept under wraps as part of a multimillion-dollar R&D project. It was developed as a key component of an ongoing product roadmap that currently includes plans for a number of different devices, all of which feature the unique combined functionality of games, music, movies, messaging, a digital camera and GPS technology.

The new Widescreen device will compliment the current Gizmondo, due to launch shortly in North America, and give entertainment-hungry consumers more choice in terms of specification and feature sets, as well as an upgrade path - which will be detailed prior to the projected release in the second quarter of 2006.

As its name entails, the Widescreen has a larger 4" razor-sharp display. The Processor's power and memory are increased to power a suite of new onboard applications serviced via WiFi (WLAN 802.11b/g), Bluetooth 2, and tri-band GSM technology, making it the most powerfully connected handheld entertainment device available. WiFi expands the multiplayer and interconnectivity possibilities for all Gizmondo owners.

Steve Carroll, CTO, Tiger Telematics, says: "We're dramatically increasing the processor power to above 500MHz on this Widescreen model and significantly escalating the amount of memory. Although the 3D graphics accelerator used in the Gizmondo is the current best of breed, this next generation takes us visually into a new dimension."



The new model specification includes:

- GSM voice telephony
- Handsfree speakerphone
- Voice control using voice recognition software
- LCD TFT screen 4.0" 480 x 272 pixels
- Upgraded 3D graphics chip
- Analogue TV out
- 500MHz (min) processor
- Onboard RAM
- Onboard flash
- SD flash card reader, externally accessible
- Transflash card reader for user upgradeable flash memory
- GSM/GPRS 900/1800/1900MHz or 850/1800/1900MHz tri-band
- USB 2.0 OTG
- High sensitivity GPS receiver with assist capability
- Two analogue joysticks
- 3.5 Ah Li-Ion 'smart' battery
- 2 mega pixel auto focus camera with LED flash
- Stereo speakers
- Bluetooth class 2
- WLAN 802.11b/g
- Wired stereo headset/mic
- Remote control pod for wired headset

Additional features:

- SMS/MMS/IM receive and send
- Email client
- Satellite Navigation
- Audio and video playback
- Vibration mode
- 'Flight Mode' - games operational but radio services switched off
- Approved for sale initially in USA followed by Europe
- Temperature range 0 degrees C - 55 degrees C
- Windows CE 5.0 operating system and DRM 10
- .NET compact framework 2.0
- SD card and Transflash interfaces
- USB OTG interface for synchronisation to a PC and connecting to a USB
memory device
- MP3/WMA/HE-AAC audio playback, MPEG-4/H.264/WMV video playback with
hardware acceleration
- High level 3D games
- Smart ADDs(TM)
- Downloadable screen 2D & 3D 'skins' for personalisation/market
positioning
- Bluetooth support for telephony (Headset/Handsfree), gaming, stereo
headset (AV)


Carl Freer, co-founder and Chairman, Tiger Telematics, added; "The convergence technology category is similar to that of cell phones where a one-size-fits all approach does not work. Our long-term objective is to provide a range of entertainment and messaging devices that cater to different entertainment desires. Widescreen will favourably compare to Sony PSP but with even more power and features. Also, ensuring backwards compatibility and a clear upgrade path for future models is an integral part of our multi-product roadmap. A personal favourite feature is the TV/Video out connection which will enable you to play your favourite games on your TV, using the Gizmondo Widescreen like a console joypad."
The new widescreen model and its new features will be unveiled at January's Consumer Electronics Show in Las Vegas, giving attendees the chance to try the new hardware out first hand.

High resolution photographs are available to the media free of charge via the PA Photowire or from www.mediapoint.press.net.

LONDON, September 20 /PRNewswire-FirstCall/ --

- EA SPORTS FIFA Football 2005 and SSX 3 Make Debut on New Handheld

Gizmondo Europe Ltd subsidiary of Jacksonville, Florida-based Tiger Telematics Inc (OTC: TGTL , OTC: TGTL.PK) and Electronic Arts Inc. (NASDAQ:ERTS), today announced the launch of two popular games from EA on the Gizmondo handheld gaming platform; EA SPORTS(TM) FIFA Football 2005 and SSX(TM) 3.

For true football fans that demand the finest gameplay and comprehensive game modes, EA SPORTS FIFA Football 2005 is the ultimate football experience. A new Career Mode gives players the chance to take a team from the lower divisions, battle through ranks, sign new players, and turn them into champions. The action is deeper than ever with advanced levels of player detail and responsiveness. With immersive atmospheres, benchmark presentation, total realism with the world's premier clubs, and industry-leading gameplay, EA SPORTS FIFA Football 2005 returns as the true authority in football gaming.

SSX 3 allows gamers to go anywhere gravity will take them. Players will discover a colossal mountain where they can immerse themselves in a free-roaming snow paradise. The ultimate all-mountain experience, SSX 3 features all-new events and courses, awe-inspiring tricks, and a cast of cool, customizable characters. Discover the open terrain, explore its hidden crevices, and conquer its peaks. Produced under the EA SPORTS BIGTM brand, a new game play experience allows users to seamlessly ride from one awesome area to the next - entering competitions, taking on Big Challenges, and discovering hidden collectibles. SSX 3 has blown out the trick component with unlimited combos and new over-the-top tricks.

Carl Freer, Co-founder and Chairman, Tiger Telematics, says: "As we continue to develop our strategic co-publishing relationship with EA for the Gizmondo platform, we're delighted to introduce these enormously popular titles to our growing portfolio of content and look forward to extending the relationship with further announcements in the near future."

Giz a job.

I saw on the Giz website that they have a form to complete for job opportunities, so in an effort to get some news, I sent off this:

Dear Sir or Madam,

I should like to apply for the position of Investor Relations Executive, as having been effectively a shareholder in the business for some time now, it would seem that this function is distinctly lacking.

The quality that I would particularly like to bring to the role is informing the companys owners of how sales of the Gizmondo handheld and its accessories are progressing having been available in the UK market for some time now. Again, this would appear to be sadly lacking in the job description of the present incumbent, (if there is one?).

Once you have had opportunity to review my application, I, along with all other Tiger and Warthog shareholders, really will look forward to hearing from you on this matter.

Yours faithfully (trusting you with my money)

lol Paul.

Kinda needed. I'm a little suprised that the SP hasnt moved today. I suppose we knew about the EA link so factored into the price.

They do need to wake up!

I've been away for a while and haven't had the chance to keep up with the latest news regarding WHOG, so I must admit to being a bit suprised by the recent drop in both WHOG and Tiger's SP. I suspect that there has been a bit of market manipulation going on (IMHO) to artificially bring Tiger's SP down so those in the know can stock up prior to the announcement of the new wider screen version of the Giz. Did anybody notice that in last weeks Shares mag (I think) Tiger was listed among the top ten foreign buys by volume for the preceeding week. With all that buying activity going on, why did Tiger dive to the $13 level?

Incidently, returning from Barcelona on a BA flight, I noticed that the new in-flight business magazine had a section comparing the Sony PSP, the Gizmondo and the new Nintendo thing. While the article didn't exactly put the Giz down, it certainly didn't do it many favours. The photo wasn't very large, compared to the top billing photo of the PSP which looks awesome by comparison - the screen size says it all!. The article reckoned that the GSM side of the Giz was a plus but the distinct lack of games (or perceived lack of games) were a major drawback. And this does beg the question - where are all the games? Looking back at this thread a number of RNS notes have been posted that herald the arrival of new games, and I seem to recall that Tiger were promising one new title release per week. Well maybe they are doing this, but I haven't seen any about, and Argos sell just two games (Richard Burns Rally and Colors - both at 30).

As to the US launch of the standard Giz, I hate to say it but (IMHO) I reckon it is now not going to happen. I suspect that Tiger have reviewed their European sales figures and are dissapointed - hence no news flow. They realise that this version of the Giz will not get the younger market who all crave the PSP. I reckon that instead they will launch the widescreen version in the first quarter next year or if they are quick enough, maybe just in time for the Xmas market this year. But neither of these scenarios bode well for WHOG. Remember that the clock is ticking on those escrewed shares - we have until Novemeber. Hopefully, WHOG will not just redeem the shares without shareholder approval.

Apologies for seeming a bit down on the old pig, but I am really fed up with Tiger and its lack of communications. Let us hope that the WHOG SP will pick up to at least the last Rights Issue price of 2p so that my losses won't be too dramatic.

Hello Starfrog,
Everything revolves around the US launch.Colors is billed as the biggest game on the giz.It is due out on the 26th (full launch 1 week later).The games released so far have been recieved pretty well.2 titles from EA have just been released and more are planned.The new Madden game is rumored to be heading for the giz.this is the biggest game in the US.
I think the giz will be released in the US,on a smaller scale and pushing the next gen at the same time.
In the UK the giz will be sold as Sat-nav aswell as a games machine.There is also the Smartadds feature.
I agree comunications from this firm are appalling and they still have a lot to prove.But the giz is out there and big name publishers have produced games for it.

PS. i hav'nt bought one yet because i have never seen a working model in any shop.i think this should be the first thing Tiger deals with.

Below is the link to the latest SEC filing which appears to be for accounts ended Dec.04. The text also includes a massive digest of other information not limited to marketing strategy, bio's of the Gizmondo directors, director's salaries and car expenses, the 84% purchase of Globicom network company which happened this month and employment contracts of key personnel. Operating loss is also massive but they state that they have forsaken all other interests and are focusing entirely on the Gizmondo. Anyone who can manage to read the text from end to end has my utmost respect.
http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3D%5C2005%5C09%5C26%5CEDGARNews_0001269678-05-0001820001065581.html%26clientid%3D168%26provider%3DEDGARnews&symbol=TGTL

2005-09-28 09:00 ET - News Release

JACKSONVILLE, Florida, September 28 /PRNewswire-FirstCall/ --

- With Report on Form 10K Now Filed, the Company Plans to get its Filings up to Date and Apply for Listing on NASDAQ Coordinated With its US Launch

Jacksonville, Florida-based Tiger Telematics Inc (OTC: TGTL; OTC: TGTL.PK) has completed filing of its Report on Form 10K for the year ended 2004 and is focused on an expedited completion of its Reports on Form 10Q prior to the Gizmondo's US launch date.

Since the Company's accounts for the past year ended 2004 have all been disclosed and are available on the sec.gov web site, the Company plans to file its 10Q's up to date. This will enable the Company to file for trading on the NASDAQ listed exchange.

This listing, when approved, will permit the Company to engage a much larger investor base as it permits retail solicitation orders and research by analysts. Tiger's common stock will then be considered a marginable security for loans.

The Gizmondo technology, especially with the inclusion of blue tooth and GPS, is capable of competing effectively in the world of cell phones, ipods and other communication devices. On the 30th September, the Company will also be launching Satellite Navigation software for the Gizmondo, and highly competitive hardware bundles delivering subscription-free GPS sat nav for under GBP200, which has prompted significant and additional commitment from retail.

Carl Freer, co-founder and Chairman, Tiger Telematics, says: "We are gearing up our inventory as a result of an unexpected surge in sales. We also need product in the USA for our upcoming launch in time for the Christmas season. Recent updates from our manufacturers allow us to expect to have Gizmondos available to meet the increasing demand.

"Our investment bank will be helping us with financing and making introduction to institutions including hedge funds and retail clients. This might result in a registration statement for securities in the near future."

"Our state-of-the-art game development studios continue to impress the industry with innovative design and functionality utilising the unique features of the Gizmondo. We will continue to develop and create more groundbreaking games, and update some classic titles as well. Gizmondo Studios still plan to have 89 titles by the year-end of 2005."

He concluded, "We envision an upcoming period of growth, having evolved from a development company to a solid entertainment and communication company."

Hoorah, subscription free GPS sat nav., (though i would have thought that the on-going subscriptions would be useful - perhaps these will come with further add-ons for points of interest, speed camera database, etc.)

Wonder if the under 200 means the Giz and the sat nav - if so that ought to be fantastic, even against the likes of Tom Tom.

At last something to really set it apart from the PSP

this sounds a bit more upbeat . We needed something as things were very flat and the share price has certainly been suffering.