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.

I think a lot of the fluctuations are as a result of press releases, exhibitions and general pre release hype ( as happened with SPS).I think the volatility of movement will reduce and hopefully be just a constant up when the products fully released and selling well.If the GIZ is already released I am surprised that there is no early indication of demand and whether customers in Europe are excited by it?

willfagg - I may be mistaken, but I'm sure that I read on some earlier posts (here) that allthough the Giz had been launced in Europe, it was incredibly hard to get one. Orders placed directly through Giz Europe were in excess of a few 100,000 pre Christmas.

I agree with you but there seems to be no press releases on the subject.You would think the Marketing men would milk the launch and the publics reaction to it for every last drop.What was /is the launch date? If there is a waiting list how many have they made and put in stock with distributirs? Which organisations are selling it??????????
The actual website shows the product very well but the product launch,stocks , numbers manufactured, first years targeted sales,orders placed in UK/Europe??????
In one of the reports there was what I thought a bit of a mistake as they stated the cost of a GIZ would be a fraction of what it is now within the first year if all goes to plan!! This may make people delay there purchase to see what the product is really like and save some money as well!

TGTL are up to $28.46!! seems a lack of reciprocal movement on WHOG??

TGTL now $29.10 (up 14.67%) in addition to 10% increase yesterday.This has yet to come thorugh in the price

Just found this on nasdaq.com

Tiger Telematics (TGTL) Announces Three new Distribution Agreements for Certain Areas of Asia and Australia



LONDON, January 12 /PRNewswire-FirstCall/ -- Gizmondo Europe Ltd, subsidiary of Jacksonville, FL based Tiger Telematics Inc (OTC: TGTL, TGTL.PK), confirmed today that as a result of the strong enthusiasm generated from the Gizmondo at the CES show in Las Vegas, it has signed three separate one year Distribution Agreements that run through June 2006. TGTL exhibited the multi-entertainment device to enthusiastic packed crowds of attendees at the Consumer Electronics Show (CES) in Las Vegas, Nevada, as well as being featured on the Microsoft and Nvidia stands. The event ran from Jan. 6-9, 2005, and introduced the feature-packed Gizmondo to the US market, ahead of the soon-to-be-announced, late-Q1 2005 launch date.

At the show, Gizmondo signed Distribution Agreements with United Options International, Pty, Ltd. of Hamilton Australia to distribute 600, 000 Gizmondo units at the rate of 50,000 per month for Australia and New Zealand, with Venturecom, Inc of Chesapeake, VA to distribute 360,000 units at the rate of 30,000 per month in South Korea and Hong Kong and with Venturecom and G Technologies Pty Ltd/Glober Traders of Manila Philippines to distribute 360,000 units at the rate of 30,000 per month in the Philippines.

The respective Distribution Agreements call for a Letter of Credit to be provided by each entity 60 days prior to shipment of the first month's order and for the balance of the agreements. Deliveries should commence in April of this year subject to timely receipt of each Letter of Credit. The company intends to announce the Letters of Credit as received and the associated orders corresponding to the Letters of Credit for the first shipments of each respective agreement.

Carl Freer, Managing Director, Gizmondo Europe, says: "Interest from throughout the world in Gizmondo has been significant. We've chosen who we believe will be the strongest distribution partners to facilitate the forthcoming launch in those areas."

Directors Joe Mancini, John Farmer and Steven Lee of United Options International were quoted as follows:

"Gizmondo will revolutionize the way we think, play and enjoy portable entertainment", John Farmer, Managing Director.

"In our opinion, Coles Myers Group, Retravision, Harvey Norman, Dick Smiths, Tech Pacific and many more Australian retailers excitedly await Gizmondo's arrival", Joe Mancini, Director and CEO.

"Gizmondo is going to change the whole portable entertainment industry and we are proud to partner with Gizmondo for the 2005 gaming and product launch", Steven Lee Director.

The 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 MMC card accessories.

The Gizmondo device and its games are currently launching in the UK and will launch in North American and Continental Europe markets late in the first quarter 2005. The Company cannot project the number of units that it will sell of the device.

About Tiger Telematics and Gizmondo

Gizmondo Europe Ltd. is an owned subsidiary of Tiger Telematics Inc (TGTL) and is the maker of Gizmondo, a next-generation mobile entertainment device. Launched in 2004, the gaming device includes built-in music, video, messaging and picture functions and GPS.

Tiger Telematics 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 subsidiaries.

www.gizmondo.com

www.tigertelematics.com

thanks 0057659

To put the above arrangement into some sort of perspective, have a read again of the following link on the prospects for TGTL as of the end of December:

http://www.allstocks.com/stockpicks/Sparky's_Picks.html

The TGTL price is currently below the low end of the price forcasts in that article, and a price above $50 is not an unreasonable target looking forward 6 months. Par value for Whog is 0.8p for each $10 of the TGTL price, excluding cash on hand and any proceeds from the AIM listing.

I would like to know some info on their supply chain. If they have signed agreements promising supply of very large numbers to distributors from now onwards:
Do they have large stocks ready to ship?
Is the quality of product looking good ?
Do they have facilities to support the demand if tske off is better thatn expected?
These issues become critical at the point of a new product launch and it would be reassuring to hear something as of i read everything correctly it should all go crazy during this first quarter of 2005.

Willfagg.
I sent a couple of e-mails to Joe Martens on the same subject. Haven't had a reply. Don't suppose I will. Clearly a concern but it is hard to imagine it signing agreements without having some confidence in the manufacturing/supply chain.

So thats agreements for 1,320,000 gizmondo units at ? price and ? profit

So positive news

LONDON (AFX) - Solid progress was notched up by Warthog, 0.23 ahead at 2.05 pence, with dealers putting recent strength in the stock down to several distribution deals announced by rumoured bid target Tiger Telematics, in which Warthog has a stake.

M100.
Read the article I posted in 477. The trading scenarios are included in that article. Note that this ADDITIONAL 1.3M units exceeds their worse case total sales of less than a million units. Explosive potential, as they mention in the article.

http://www.allstocks.com/stockpicks/Sparky's_Picks.html
thanks missed this one - so much coming through, interesting - I have a sell order holding for small profit - perhaps I should cancel and change for a buy now

People trade as they feel fit. Personally, don't think it is worth selling at the current price. There will be peaks and troughs but trend is without doubt up.

Expect a tick up shortly.

Upward trend.

peaks and troughs? welll it was certainly up and down yesterday! generally up though

I would settle for TGTL holding round$30 and WHOG firming at around the 2p level before news of great sales and a 1 share price by Chrisymas!!!!!!!!!!!!!! funny looked out of window and lots of pigs flying today?