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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.

mtwallit - 21 Mar 2005 13:51 - 814 of 1449

would have thought it would be higher given the launch? no RNS out yet?

iturama - 21 Mar 2005 14:45 - 815 of 1449

Tiger on the way back. Good volume +4% so far.

thesaurus - 21 Mar 2005 14:52 - 816 of 1449

any idea why the drop today seems strange

iturama - 21 Mar 2005 15:34 - 817 of 1449

No logical explanation. Tiger up $1.80.

tburns - 21 Mar 2005 15:45 - 818 of 1449

This is a piss take by the MM and unwarranted, but if it pressurises people to sell you can see why they do it.

mtwallit - 21 Mar 2005 16:35 - 819 of 1449

tb - true .. now they have had their jolly jape.. praps they can get back to some serious buying - low enuff again? ..lets see how many 250/500k+ buys go thro in next few days

0057659 - 21 Mar 2005 21:02 - 820 of 1449

Going like hot cakes but why not the sp?





LONDON, March 21 /PRNewswire-FirstCall/ --

- Star-studded store opening and A-list launch party delights Londoners

Gizmondo Europe Ltd, subsidiary of Jacksonville, Florida-based Tiger Telematics Inc. (OTC:TGTL , OTC:TGTL.PK), today heralded the weekend's high street launch of the Gizmondo handheld multi-entertainment device as a big success, and a positive start to its ongoing campaign to drive awareness of the host of features and functionality that the device brings to consumers.

The new handheld went on sale in the UK for the first time, with the champagne opening of the Gizmondo flagship store at 175 Regent Street on Saturday 19th amidst the glitz and glamour of A-list attendees.

Regent Street came to a near standstill as over 2000 fans swarmed the store to see Pharrell Williams, Dannii Minogue, Verne Troyer, Busta Rhymes and Lennox Lewis pop by the shop on it's opening day, and to get their hands on the first Gizmondos. The store's allocation of units was completely gone before the doors were finally shut again at 6pm to prepare for the evening event.

Tiger Telematics' CEO, Michael Carrender, addressed the gathered crowds at the store opening saying, "The handheld entertainment sector is an enormously exciting place to be right now, and we are delighted to be part of the revolution that it is undergoing. We believe that with the Gizmondo we have brought a strong player in the market to stand alongside more established brands, and this is just the beginning for us. We have some great content in the pipeline and enhancements to our already wide range of features that will secure our place as the only true multi-functional entertainment device on the market today."

The Gizmondo launch party later that evening at Piccadilly's Park Lane Hotel was one of the most star-studded events of the year. With performances from Sting, Jamiroquai, Pharrell Williams, Clipse and Busta Rhymes, the VIP guest list was overwhelmed with an A-list line up hosted by US comedian, Tom Green, and Aussie babe favourite, Dannii Minogue. In addition to over 2000 Gizmondo fans, the who's who of London's trend-setting fashion, music and film scenes converged and carried the party into the small hours of the morning.

Carl Freer, Co-founder and Managing Director of Gizmondo, says: "The event was more than a marketing exercise. We wanted it to be a time stamp indelibly marking Gizmondo's high street launch." He added, "The store has been a huge success. Turnout was amazing and we were completely cleared of stock we'd expected to last beyond the weekend. From here we have a very aggressive retail rollout campaign planned, and will be making more announcements over the coming weeks."

Photos of the event can be found at the Gizmondo website at www.gizmondo.com/175regentstreet/.

The Gizmondo device and its games are in retail stores now in the UK, and in North American and Continental Europe markets from Spring 2005.

mtwallit - 21 Mar 2005 23:18 - 821 of 1449

Tiger up 3%
Given the news below UK sp bit of a damp squib so far ... Yanks seem to be leading the Brits again? ..is the english reserve coming out?


http://www.gizmondo.com/news/item.asp?id=650
Mar 21, 2005
Launch Saturday a success, says the big man

http://www.gizmondo.com/news/item.asp?id=642
Mar 20, 2005
A stellar start for Gizmondo

The Gizmondo flagship store got off to a flying start on 19 March 2005. Not only was it the site of one of the most start-studded press conferences in London's west end, featuring the likes of Lennox Lewis, Busta Rhymes, Pharrell Williams, Clipse, Dannii Minogue and Verne Troyer, aka Mini Me, the shop shifted around 1,000 Gizmondo units on a hectic day.

accord - 22 Mar 2005 06:26 - 822 of 1449

found this write up this morning.

http://www.pocketgpsworld.com/gizmondo-launch.php

accord - 22 Mar 2005 06:27 - 823 of 1449

http://www.pocketgpsworld.com/gizmondo-launch.php

m100 - 22 Mar 2005 10:05 - 824 of 1449

well everyone seems to like it

iturama - 23 Mar 2005 11:17 - 825 of 1449

LONDON, March 23 /PRNewswire-FirstCall/ -- Loudeye Corp. , a worldwide leader in business to business digital media solutions, today announced the launch of a customized digital music store for Gizmondo which offers customers a wide range of digital music tracks in the UK.

Through the deal, Gizmondo offers their customers over 450,000 tracks from over 12,000 artists direct through a Gizmondo branded music store available at http://www.gizmondomusic.com/. The Gizmondo digital music store allows consumers to download high quality digital music with individual tracks available for as little as 0.69p / euro 1.00 each, and albums priced starting at 6.99 pounds Sterling / euro 10.00.

Carl Freer, Managing Director Gizmondo Europe, said: "This agreement further strengthens our commitment to providing first class entertainment to our customers as Loudeyes services complement the other outstanding entertainment options we offer. The Gizmondo is the most powerful, feature laden piece of multi-entertainment hardware available."

Philip Shepherd, Loudeyes head of strategic partnerships EMEA, comments: "The Gizmondo console looks set to bring in a whole new age in mobile entertainment, and were delighted that Gizmondo has chosen Loudeye as its digital music partner of choice."

mtwallit - 23 Mar 2005 16:22 - 826 of 1449

I know patience is a virtue (apparently not possessed by us men) and a card game, but its getting a bit threadbare...

deancroft - 23 Mar 2005 16:26 - 827 of 1449

deancroft - 23 Mar 2005 16:39 - 828 of 1449

So OK they've sold the first 800 but no other distributor appears to have products on the shelf. It's frustrating seeing a lack of continuity!!

mtwallit - 23 Mar 2005 17:25 - 829 of 1449

www.gizmondomusic.com - interesting site - given the current scene should make some quite good revenue

chienti - 24 Mar 2005 05:53 - 830 of 1449

deancroft, i was thinking the same thing and half expected a nationwide launch to occur from Monday. That obviously didn't happen. Second guessing GE seems almost impossible but what do you think of this:- the current strategy may be a small scale 'live test' to iron out any possible gliches in the software that may have slipped past testing before releasing nationwide? Also releasing nationwide with only 4 games may do more harm than good. However I think they knew another delay wouldn't be tolerated by shareholders so some sort of launch was necessary, if not nationwide just yet.
Thinking about it even more, they said UK was the first as a 'reward' to die hard gamers here who always have to wait for new releases, I think in a similar way to the above the UK launch is a testing ground to the impending US launch later in the year, plus as mentioned, gives chance to get the main selling points out- namely the AAA game titles and tomtom GPS.
Anyway, as I said, who knows what GE are planning. I just hope they do.

iturama - 24 Mar 2005 07:08 - 831 of 1449

I see the London opening as more of a gala opening than a launch. They had to do something and this at least got some to the market with good publicity attached.
Now they have to mass distribute. The question is how many have left the factory and are being checked in Holland? I want to see those 30K a month being distributed to Australia etc, as well as the start of a serious amount of web sales.

eggbert - 24 Mar 2005 08:17 - 832 of 1449

I had a look on the John Lewis site.When you type in Giz you get a picture,info & states free delivery.This is a little more than before,i just wondered if they are nearly ready for launch?

deancroft - 24 Mar 2005 08:46 - 833 of 1449

Chienti, see post 708 01/03/05. The content of the e-mail from peter lilley (GE) reads exactly as that which we are currently experiencing. I did have a chat with a Gizmondo representative back in March who categorically said that items for sale would have been with distributors and available during this week. However, that statement is not in writing whereas the e-mail is more substantial. An empty shop on Regent Street still costs money to stay open, or will it close?? The offer of the download site, the telephony provider etc have all come after the items for the shop were prepared, shipped, cleared customs and delivered to the shop (all takes time). Any further value added items for the Gizmondo either have to be repackaged or re-presented to include these "extra" items otherwise every point of sale at distributors or where ever would have to provide some kind of additional value added pack. I'm hanging on, I only make a loss if I sell, fortunately, not a great one. Good Luck.
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