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.

gizmondomusic link
http://sib1.od2.com/common/Framework.aspx?shid=0564002E

Re my earlier post today, I was trying to draw attention to the point subsequently made in Sparkys post960 -see below.I think we are perhaps putting too much emphasis and importance on the on profit generation from Gizmondo sales when every unit sold will generate future considerable revenues and profits after sales and services.
I like the Giz ,nothing has grabbed my attention as much as this and have all of my shirts resting on it. Not, I hear you say ,the most sensible move but being a conviction politician and looking for the one that could deliver exceptional results.
I believe this is the one....I do not have any nails left , make regular visits to the toilet, and have taken up several religions

"And on the subject of timing, the importance of which many critics seem to have personally downplayed; lets not forget that ideally TGTL will generate far more profits from the after-sale revenues associated with game, music, and video sales than it will from single-shot device sales."

i wont be supprised if tiger announces that it will be setting up its own telecom service soon,then things will really get interesting,$90 here we come.

2 x 500,000 buys just gone through

More likely a rollover with that spread between the prices, might be wrong though.

LONDON, April 25 /PRNewswire-FirstCall/ -- - Full-Contact Face Off for Handheld's Starting Line Up in Hockey Rage 2005

Gizmondo Europe Ltd, subsidiary of Jacksonville, Florida-based Tiger Telematics Inc. , tomorrow releases the puck-smashing Hockey Rage 2005 for the Gizmondo multi-entertainment handheld.

Ice Hockey has two appealing factors: the speed of the action and the cast iron guarantee of a good fistfight or two. Hockey Rage 2005 packs both in abundance, without the risk of loosing any teeth.

It's all there, including cross checking, tackling and hooking your opponents. Other features include an innovative targeting and shooting method, and for extra action, you can even slapshot your opponents to oblivion. Join any of the 16 national teams represented, and play in World Cup or Single Player modes. You can even face off against a friend via Bluetooth.

Cameron Spilman, Gizmondo, offered: "Ice Hockey is a sport that lends itself well to videogames in terms of speed of play and the simplicity of the rules. Hockey Rage 2005 is a great execution in a handheld format right through to the punch ups."

Hockey Rage 2005 is available to buy or order online for GBP19.99 through all Gizmondo stockists.

Amazon puts back UK Sony PSP debut - again
Exclusive Amazon.co.uk has put back the UK release of Sony's PlayStation Portable handheld games console to 30 September, according to the online retailer's website.

The schedule update is at least the fourth time Amazon.co.uk has changed the date on which it expects to be able to ship the console. So far this year, the e-tailer has named 18 March, 29 April, 24 June and now 30 September as PSP ship dates.

As we reported last week, UK High Street consumer electronics retailer Dixons lists 1 August on its website as the date upon which it expects British gamers will be able to get their mitts on the eagerly awaited console. When we checked back today, the site continued to list that date.

Amazon.co.uk's new date, if accurate, suggests Sony Computer Entertainment Europe (SCEE) may have given up on a summer release and is instead gearing up for a pre-Christmas launch.

The news will be welcomed by Sony rival Gizmondo, which today announced a distribution deal with specialist disties Andromeda and Just, the former targeting mail-order suppliers, the latter independent gaming retailers.

Gizmondo said it will ship 100,000 units through the pair, 60,000 through Andromeda, the rest through Just.

On 31 March, Gizmondo announced a number of major UK retailers had agreed to offer its console from 2 April. The John Lewis, GameStation and Carphone Warehouse continue to list the console as unavailable, though the stores we contacted did have units in stock.

Would all those people who think WHOG is a steal at this price like to fill their boots (again!) to support this price and stop it continuing dropping like a stone ;-)

On a more serious note, why has the price fallen so far on such small volume? Is this just the MM's reacting to last nights TGTL close?

Guess so Paul. Pretty depressing though and I find it difficult to believe that the US trading is a fair reflection of Tiger's current position in the market place, bearing in mind all the games being released now and European roll out on the 19th May. Probably the fact that a USA launch and NASDAQ listing have no planned timeframe is driving Tiget lower. I'm not sure what their cash position is, if it's cash rich at the moment and has funds to see out the marketing of the Giz and initial manufacturiung stage then this will reverse I am sure. My question is, what happens in Nov when WHOG get their hands on the Tiger shares if the share price is still languishing, will it sell and turn straight into a cash shell and the directors try to start up another business or will funds be distributed to shareholders.

tburns - your last question has been bothering me for a while too. I was hoping that when the period of escrow is over, the board of WHOG will have to ask the shareholders if they want to sell the TGTL stock at the then market price. But would this be reasonable? Keep thefaith though, we will be rewarded, IMHO (eventually). :-)

Starfrog

Just tried to buy 1M at 0.9p but jupmed to 1p on the offer as soon as I put my order in. Good luck to those who bought this morning,

I tried fill and kill orders at .88p.....89p.......9p..all failed. Resorted to a market order. Miffed that I bought at .95p as the offer was still showing .9p and then up to 1p. Spread now opened from 5% to 15%. Volatile this morning.

got here at last, had to wade through a multitude of charts
on the way down,do you really think they are helping you?
well anyhow,just wanted to say warthog look value at this price,
reguardless of your charts,

akel - yes it is a long way to go to get to the meat, but let us not forget that SueHelen posted these charts up at the back end of 2003. (Have I/we really been waiting this long!)

For information: fair value of WHOG at the moment = 1.17p

TGTL price of $14.50 is not very inspiring. With product now in the shop and due in Europe in 2 weeks its difficult to understand the drop in price?

Just found this!

Tiger Telematics' Gizmondo(TM) Prepares for German Debut



LONDON, April 26 /PRNewswire-FirstCall/ --

- 120,000 Initial Units Over Six Weeks From Launch in Germany, Austria and Switzerland

Gizmondo Europe Ltd, subsidiary of Jacksonville, Florida-based Tiger Telematics Inc. (OTC: TGTL, OTC: TGTL.PK), is pleased to announce that preliminary agreements for more than 120,000 units of Gizmondo have already been signed for the six-week launch period across many of the largest retailers and wholesalers in Germany, Austria and Switzerland from 19th May.

Gizmondo Germany GmbH will be handling German and Austrian retail accounts directly with a team of ten sales representatives and one sales director. Swiss accounts will be supported via Thali AG, who is the leading distributor for interactive entertainment in Switzerland.

Both the standard model Gizmondo and the Smart Adds(TM) -enabled version will be available from the 19th May in Germany, Austria and Switzerland at EUR349 and EUR189 respectively, with the Value pack being launched at an extremely competitive price of EUR289. Software will be priced on three tiers; EUR19.99, EUR29.99, and EUR39.99, and the titles confirmed for the launch period in Germany are Trailblazer, Fathammer Classics, Gizmondo Motocross 2005, Hockey Rage 2005, Sticky Balls, Toy Golf, Pocket Ping Pong, and Virtual Squash, with more

Sales Director of Gizmondo Germany GmbH, Egon Rappelt, says: "We will supply major chains and hyper markets direct and have commitments for 30,000 units for day one. Additionally, we have initial agreements spanning the six week post-launch period for a further 72,000 units from Media Markt & Saturn, Karstadt, Kaufhof, Quelle, Neckermann, Otto Versand, Weltbild and EB Games. Furthermore, we have commitments from key wholesalers including Gross Electronic, Vitrex and Playcom who expect to supply the independent retail channel for a further 18,000 units."

Mike Morgan, VP of Global Sales, offered: "Germany plays host to some of the finest retailers in Europe and Gizmondo are delighted to welcome them as partners. We have an extremely strong local infrastructure in place to support the launches in Germany, Austria and Switzerland." He added, "We anticipate a further announcement nearer the 19th May launch date to provide additional figures and an up-to-the-minute view on interest in this important territory."

Carl Freer, Co-Founder and Chairman Tiger Telematics Inc., comments: "We are extremely happy about the strong performance of Gizmondo in Germany. Having a population of more than 80 Million people this is a key territory for us, and it has always been a very strong market for handheld videogame devices, we're heading in the right direction with this early success and will continue push hard in this territory."

Editors Notes

005 wunderbar! -makes u wonder why the sp is where it is - never known such a company with continuing good news - perhaps the mm will start to catch up again :-)

major tee shake on both sides of the pond .keep the faith and may the giz be with you.

The news just keeps rolling in!! (Wher's all the money coming from??)

Tiger Telematics' Gizmondo(TM) Promises E3 Extravaganza


- Gizmondo to Announce US Street Date and Unveil New Games, New Technology, and New Licences -

LONDON, UK, Apr 28, 2005 (Canada NewsWire via COMTEX) -- Gizmondo Europe Ltd, subsidiary of Jacksonville, Florida-based Tiger Telematics Inc. (OTC: TGTL, OTC: TGTL.PK) is delighted to announce its Biggest E3 presence ever with a roster of fantastic new games to be unveiled, hands-on demos of the amazing multi-entertainment device, a string of A-list performances, and the first showing of some incredible new game hardware technology not available on any other gaming console.
The Electronic Entertainment Expo (E3) is the world's leading trade event exclusively dedicated to showcasing interactive entertainment and educational software and related products, and runs from 18-20th May at the massive Los Angeles Convention Center.

The industry's annual focal point, E3 draws tens of thousands of industry professionals and analysts to experience the future of interactive entertainment. The industry's most influential people leading the most innovative companies come to this event to showcase groundbreaking new technologies and never-before-seen products for computers, video game consoles, handheld systems and the Internet.

Gizmondo's multi-million dollar investment at this year's event will be impossible to miss. Positioned next to Microsoft(R) in South Hall and with 4500'-square of floor space, the stand will feature eight brand new titles in development, a further eight finished games, two new pieces of gaming technology on the handheld, an introduction to the revolutionary Smart Adds(TM) system, and entertainment-packed afternoon performances by A-list celebrities - all of which will be announced closer to the event.

Gizmondo will also be announcing new sponsoring partnerships, game licenses, future developments and the streetdate for the US launch of the multi-entertainment handheld.

Carl Freer, Co-Founder and Chairman Tiger Telematics Inc., comments: "Last year we were the newcomer at E3 showing a prototype of the Gizmondo and people were impressed. This year we're back with a multi-million dollar investment in the event, the finished article, and a fantastic line up of launch content." He added, "We're ready for the US."

Why is WHOG not blooming with all the great news?