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.

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.

found this write up this morning.

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

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

well everyone seems to like it

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."

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

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!!

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

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.

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.

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?

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.

yes, i remember the email. Have just phoned the shop. Web sales start first week April and retail shops second week. No info on which sites or shops though.

Thats where they all are going!!!TGTL TGTL
TIGER TELEMATICS INC Other OTC


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Gizmondo(TM) Confirms Ireland Volume Allocation



LONDON, March 24 /PRNewswire-FirstCall/ -- Gizmondo Europe Ltd, subsidiary of Jacksonville, Florida-based Tiger Telematics Inc. (OTC:TGTL , OTC:TGTL.PK), has today completed a 12 month agreement, for execution on 29th of March after the Easter holiday, with Sigma Wireless for 30,000 units to be distributed in Ireland, following the recent announcement confirming Sigma as an official distributor and a 19th April street date for the region.

The new multi-entertainment device began retailing in the UK on 19th March through the newly opened flagship store at 175 Regent Street. More stores are planned globally and will play an instrumental part in an aggressive retail roll out in each territory over the coming months.

Retail launch partners already include 3G, Xtravision, and Spectra. More details regarding the launch will be announced soon.

Carl Freer, co-founder and managing director, Gizmondo, says: "We're obviously pleased with the commitment from Sigma and will be supporting them with a tailored marketing package, including some of the TV and outdoor elements currently running in the UK, creating enormous interest."

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.

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.

begorrah! tis the luck the oirish.. given there were a lot of sells recently, and the info supplied, looks like GE are waiting for some hard facts before big news - cuurent launch seems to be a "pilot" or "statement of intent", with other phases coming on board shortly - seems daft to bail out now

so why the sells and sp back the other way - can anyone explain? or is it bank hols blues

imho - I think what we are seeing here is large institutions (and particularly pension companies) closing off some of their less profitable long positions before the end of their financial year (30 march for pension companies). Individual fund managers will want to clear their books of such stocks so that they may present more positive looking accounts to their bosses (and keep their jobs for another year).

This is happening across the board with a lot of stocks that aren't quite delivering the promises. I still believe there is good value in WHOG - but we may have to wait out the whole year.

Also TGTL sp was down lower.

Big buy this morning though, which might pep things up.

Keep the faith :-)

interestingly buys outnumber the sells..

9,713,749 sells to 665,964 buys!