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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.

iturama - 17 Dec 2004 15:05 - 341 of 1449

Not that dangerous, Paul. You could take your grandmother along!

iturama - 19 Dec 2004 12:04 - 342 of 1449

A couple of links posted on the other side. Somewhat old, but interesting reading for those wishing to read more about Tiger Telematics.



http://tinyurl.com/537rk

http://www.businessweek.com/magazine/content/04_25/b3888607.htm

iturama - 20 Dec 2004 15:26 - 343 of 1449

Good top-up opportunity. TGTL up a couple of % in NY today.

paul30661 - 20 Dec 2004 15:44 - 344 of 1449

I am still waiting for new funds to go through to share account before puchase, (on this occasion it seems to have worked in my favour).

Any reason for the dropping price lately ? doesn't seem much volume so wouldn't have thought that it was profit taking after recent rise but might be wrong.

Tokyo - 20 Dec 2004 15:46 - 345 of 1449

Warthog are starting to look interesting, was has the response in the UK been to the Gizmondo device?

iturama - 20 Dec 2004 15:58 - 346 of 1449

Try to buy one. You'll have to go on the wait list.

paul30661 - 21 Dec 2004 14:49 - 347 of 1449

So I see the new Harry Potter book is out on July 16th. Presumably this will tie in with the start of Summer Hols and will involve the usual mass hysteria of children nation & probably worldwide.

Does Warthog still have the rights to the games for these films or has that passed to Tiger? I remember seeing a press release whilst doing research saying something about filling in games whilst waiting for this book release. Hopefully, a good game on the Giz, will be a double whammy for sales.

As you may tell, I am now a share holder in WHOG and eagerly anticipating my forthcoming fortune ;-) I am off for 3 weeks on boxing day and so figure I will either come back to a new(er!) car or probably more nail biting waiting like everyone else. Well, it is Christmas, we can all wish!

On a more serious note, I see that the interims are on New Years eve. Any thoughts on what they will contain ? I am hoping that they will be very upbeat about prospects for the Giz. and this will come just at the right time for pundits to plug these in their New Years lists - part of my reason to buy now whilst the price is still falling.

chad - 21 Dec 2004 16:34 - 348 of 1449

Yea. This recent fall is a great opportunity for increasing your stock. I will as soon as i get more funds into my trading a/c. Like u say, lets hope the interims are positive and we all could be in for a great Christmas.

willfagg - 22 Dec 2004 10:33 - 349 of 1449

If the product has been launched in the UK and Europe surely there must be some early indications wether this is a winner or an absolute dog?Warthogs exposure to Tiger and any benefits must relate to how big an impact Giz will have on their business.Would have thought there wouls have been alot more info around by now on this new wizzo product, Price looks good, as you could pay this amount just for phone!dont know how good the phone is ( still back with an olypus trip mentally!)I think it just about makes it on the dvd player and phone without the rest

iturama - 22 Dec 2004 15:06 - 350 of 1449

I've e-mailed Tiger to get some up to date numbers on pre-orders, sales etc. I don't think a lot of machines have actually reached the market yet.
TGTL continues to tick up.

thesaurus - 22 Dec 2004 18:14 - 351 of 1449

when are the interims

willfagg - 22 Dec 2004 19:14 - 352 of 1449

do we know how much of Tigers product range is the Giz? ie how much effect is it having on the shre price?

Cosworth1 - 22 Dec 2004 20:10 - 353 of 1449

Just been on there website Gizmondo.com , i put in to buy (just to get the price 229 ) under terms and conditions it read. "Due to high demand stocks are limited so click "add to basket" and then "checkout".


When it becomes available they will e-mail you, then arrange payment details, the payment won`t be taken until the unit is ready for delivery.

Hopefully there is high demand.

I was very impressed with there website.

paul30661 - 22 Dec 2004 22:43 - 354 of 1449

Thesaurus,

On the Warthog website I think it says that the interims are on Dec. 30th, but could be wrong.

Good to see that WHOG up 10% today and also Tiger up over 10% tonight on Wall Street.. hopefully bodes well for another good day for WHOG tomorrow.

iturama - 23 Dec 2004 06:33 - 355 of 1449

Tiger up 10.76% to $24.76 probably as a result of the following announcement. Any views on Tiger price after the US launch and the Nasdaq listing?

Tiger Telematics Gizmondo on show with
Microsoft and Nvidia
Gizmondo to feature on Microsoft and Nvidia stands at
International CES exhibition ahead of US launch
LONDON, 22nd December, 2004 - Gizmondo Europe Ltd, subsidiary of Jacksonville, Floridabased
Tiger Telematics Inc. (other OTC, TGTL), today confirmed the company will be
exhibiting the multi-entertainment device at the forthcoming Consumer Electronics Show
(CES) in Las Vegas, Nevada, as well as being featured on the Microsoft and Nvidia stands.
The event running from Jan. 6-9, 2005, will introduce the feature-packed Gizmondo to the
U.S. market, ahead of the soon-to-be-announced, late-Q1 2005 launch date.
The annual show attracts over 140,000 technology hungry visitors each year, all eager to
sample new products, pick up the latest gadgetry, and listen to keynote speakers divulge their
thoughts regarding the year ahead.
Gizmondo will be featured on the Microsoft Corp. stand (# 7145, Central Hall) profiling the
strengths of the Windows CE technology and onboard Windows Media Player. It will also be
demonstrating the capabilities of the new GoForce 4500 3D graphics accelerator on the
Nvidia stand (#35311), which lies at the gaming heart of the device.
Our goal with Windows Embedded is to arm device-makers like Gizmondo with the
components they need to quickly and easily deliver compelling devices to their customers,
said Scott Horn, senior director, Mobile and Embedded Devices Division at Microsoft Corp.
Gizmondos cutting-edge mobile entertainment device is a great example of the kind of
innovation possible on Windows CE.
Gizmondo will also be wowing crowds at its own stand (#70037, Central Plaza), where
demonstrators will be on hand to guide show-goers through the GPS, SMS/MMS and email
communication features, gaming and entertainment functions.
Carl Freer, managing director of Gizmondo, says: This years CES marks the start of our
launch campaign for Gizmondo in North America, and to be featured on the show floor with
Microsoft and Nvidia is a great boost for our presence. We have high expectations for the
U.S. market, and this will be our first opportunity to put finished devices in the hands of
consumers.
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 multiplayer
gaming and accepts MMC card accessories.
The Gizmondo device and its games are currently launching in the U.K. during the fourth
quarter 2004, and in North American and Continental Europe markets during the first quarter
2005.
About Tiger Telematics and Gizmondo
Gizmondo Europe Ltd. is an owned subsidiary of Tiger Telematics Inc (TGTL) and is the maker of Gizmondo, a nextgeneration
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 companys United Kingdom based subsidiaries.
www.gizmondo.com
www.tigertelematics.com
The names of actual companies and products mentioned herein may be the trademarks of their respective owners.
###
For further information please contact:
Global Media:
James Beaven
Indigo Pearl
For and on behalf of Tiger Telematics, Inc. and Gizmondo Europe Ltd.
+44 208 964 4545
Michael Carrender, CEO
Tiger Telematics, Inc.
+1 904-279-9240

m100 - 23 Dec 2004 08:46 - 356 of 1449

just in time for xmas another run on a gizmo (excuse pun) - to infinity and beyond?
:-)

chad - 23 Dec 2004 10:45 - 357 of 1449

Is everyone going to sell when the (hopefully) good news starts to filter in from Giz in the US or is anyone in for the longer term?

Chrispine - 23 Dec 2004 11:03 - 358 of 1449

I'm in this stock short term although I have been a holder since the launch of Giz in October.

willfagg - 23 Dec 2004 11:05 - 359 of 1449

think its too early to tell. Whats good news( in the share price i mean?) 2P? 2.5P? 3P? Its obviously being presumptious because it could head south, but its a difficult one to call, as warthog could just pay all us sufferers from the past big time, but i am not counting my turkeys(festive version)
For new visitors warthogs management has a Sxxx record and took the share price from circa 20p to zippo over last year so owes a lot to a lot of good boys and girls and would be nice to have a happy ending. yet a nother reason for being vigilant

iturama - 24 Dec 2004 13:02 - 360 of 1449

Happy Christmas everybody - punters & Moneyam staff alike. Lets hope the Gizmondo lives up to its promise in the New Year. TGTL - the proverbial $100 stock by next Christmas? Then we would have a prosperous new year!
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