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.

Paulo

http://www.gizmondoforce.com/news074.html

http://www.easports.com/games/fifa2005/gizmondo.jsp

This has been posted on the US tiger board.

Sony drops PSP support, litigation looms
Posted by Matt Paprocki on April 01, 2005 12:44 PM (See all posts by Matt Paprocki)
Filed under: Culture, Culture/Tech: Humor and Satire - Scroll down to read comments on this story and/or add one of your own.

Sony Playstation Portable (PSP) Value Pack
Video Games from Sony Computer Entertainment
Release date: 24 March, 2005


Roughly once a week, Sony representatives visit the retailers who carry their products. They check on kiosks, update employees on various happenings, and set up merchandising.

This week, Sony's representatives have told a small number of employees (including myself) that the PSP is going to be pulled from the market within the next few weeks. This is news that should be staying at a store level, but it's simply not fair for someone to purchase such expensive hardware and not get what they paid for. Therefore, we've chosen to reveal what we know as of right now.

These representatives are stating numerous reasons for the decision. Chief among them is the Immersion Corporation lawsuit, as Sony stands to pay $90.7 million million if they lose the appeal. That potential loss in their games division, coupled with an astonishing number of defective PSPs due to dead pixels, has forced them to reevaluate the company's decision to release the hardware.

Sony's stockholders have shown concern. An undisclosed amount of money is being put toward development of their next-generation PlayStation, which is now where Sony will focus their efforts. When asked about the upcoming European launch, they have responded with "it will not happen."

Some software may still be released, as third parties will try and recoup their losses as much as possible. Unlikely to make it to store shelves, however, are the EA Sports titles "MVP Baseball," "NBA Street Showdown", and "FIFA Soccer." When the official announcement is made within the next two weeks, stores will be asked to explain to angry customers at a store level that the system still fully supports MP3, photos, and video playback. If the customer is still not satisfied, they should be directed to Sony's customer service line.

The signs of this action have been slowly revealed over the past few weeks, starting with the forced resignation of the PlayStation creator Ken Kutaragi . Most observers expected Kutaragi to take over the top position within the company. The Japanese launch was riddled with problems, hardware sales in the U.S. have been lukewarm at best, and a staggeringly high number of those systems have been returned with the above-mentioned problems.

People will surely be disappointed as many of the "must have" titles for the PSP were just around the corner.

The link:

http://blogcritics.org/archives/2005/04/01/124400.php

Note the comment:
When asked about the upcoming European launch, they have responded with "it will not happen."

well - have bought some more whog - at these prices crazy not to..

It's an April Fool, Iturama!

Not sure Paulo. This guy Paprocki is a regular reviewer on the PSP. Date is ominous but the guy was pushing the PSP before.
MT
Bought two lots of 300k this morning.

..praps someone can ask Sony? Dangerous article to write even though it is filed in satire and humour..

Paulo, You could be right. Dangerous game to play, but that is the internet for you.

Iturama and all, check out this site, a few more April Fool anecdotes like "USB fondue heater" and Google's new energy drink.
http://hardware.gamespot.com/

iturama - I am suprised at you (LOL). All you had to do was read some of the comments following the posting on Blogcritics (re Sony drop PSP support). The guy who actually wrote this article as an April Fools joke actually admits to it (8th comment down). But still a lot of other people on that thread show geuine conern.

Starfrog. I surprise myself at times. Bought 600k and Tiger down 20%. Hard to figure out why. Following the herd I guess.

News posted bt TGTL (just as their shares do a freestyle dive) is that the Gizmondo is selling well in the UK. A very weak announcement by Carl Freer as no figures are mentioned for now or in the near future and no further dates for items on the shelf. As always, better apply the maxim that no news is good news. Even those visually impaired can read between the lines.

This is today's news on Tigers website:

Gizmondo Sales Gather Momentum

Global website begins shipping pre-ordered stock as retail rollout gathers pace.
Company is funded and ready to take on mainland Europe.

LONDON, 4th April 2005 - Gizmondo Europe Ltd, subsidiary of Jacksonville, Florida-based Tiger Telematics Inc. (other OTC, TGTL), is delighted to announce it has begun shipping worldwide orders taken on the official website since going live on 29th October 2004.

As previously released in December 04, the company took over 560,000 pre-orders from all over the globe, following a TV and web teaser campaign at the end of last year. The threemonth campaign, designed to unveil the new multi-entertainment device and prompt consumer enquiries, delivered over 16 million unique sessions a month on the newly designed website from all over the world.

The site will continue to take orders as the pan-European retail rollout commences, and we will ship to customers on a first-come-first-served basis, said Carl Freer, Co-founder and Chairman of Tiger Telematics. Were visibly gathering momentum in the UK and that will naturally have a spill-over effect on to mainland Europe. Streetdate announcements will follow shortly detailing the pan-European launch diary and heavy hitting marketing campaigns planned for each territory.

The company is also enjoying ongoing success at their flagship store at 175 Regent Street in London, taking daily stock-drops, and looks forward to the immanent announcement of additional flagship stores in high profile locations across the globe.

Carl Freer, added, The escalation of the marketing activity is driving more and more people to the store, heightened by the Easter break. Since bringing Regent Street to a standstill on the opening weekend, weve maintained our positioning of the store as the complete Gizmondo brand experience, which will benefit all our UK retail partners, who began stocking this past weekend.

Michael Carrender, CEO, Tiger Telematics, says: offered, We have accumulated sufficient funding to complete the European launch and associated marketing in the projected time frame.

For further information please contact:
Global Media:
James Beaven
Indigo Pearl
+44 208 964 4545

US Media:
Bryan Lam
Kohnke Communications
(415) 777-4000

German Media:
Torsten Oppermann
Indigo Pearl DE
+49 40 25330267

French Media:
Frederic Henry
Frederic Henry Communications
+33 1 55 34 24 24

sheep follow baaad news, but as its relatively good for the UK, perhaps a black sheep is leading, the visually impaired will no doubt see the light again shortly and we can all rest easy :-) (good to see lots of buys)

iturama down 55k+ on all my holdings sick as a parrot.

John
Understand the feeling. Looks like Tiger is coming back. Going to buy another 600k. Ouch! I think that was a wack from my better sense!
Having said that Tiger has stalled a bit. Will hang on for a while. I did buy 250k at 1.05 at about 15.40

TGTL have another news announcement stating that they have no reason to offer why the sp of TGTL has gone south so much. Maybe someone can find the article and post it.

DC. The article follows: Got 600k at 1.08. Tiger now blue for the day.


JACKSONVILLE, Florida, April 4 /PRNewswire-FirstCall/ -- Tiger Telematics Inc. , went on record today to state that the Company is not aware of any reason for the recent share price volatility of its stock, as plans are moving forward as anticipated for the Gizmondo multi-entertainment device.

Additionally, the Company has completed the development of the Gizmondo and is soon to confirm additional street dates for its product across mainland European and North America, following the successful opening of its first-of-many flagship stores.

As noted in the recent SEC filing (available to view at http://www.sec.gov/ with the unconditional opinions given by its auditors), the Company has expensed all of the costs of developing the Gizmondo in 2004 and early 2005. Product is now on shelves in the UK and is selling through at an expected pace, with funding in place for the pan-European launches to be detailed in full over the coming weeks.

Carl Freer, co-founder and Chairman of Tiger Telematics, said: "Based on a review of the recent share price volatility, this could be attributed to a combination of market conditions. However, the trading patterns seem artificial in light of the recent announcements regarding our launch progress and success."

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 SD and MMC card accessories.

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.

http://www.tigertelematics.com/latest_news.asp?id=86
well only way is up again :-)

I wonder what Carl means by:

"However, the trading patterns seem artificial in light of the recent announcements regarding our launch progress and success."

Is he implying some sort of stock manipulation out there? Prior to full listing?