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Tiger Telematics Appoints Head of Investor Relations
LONDON, April 21 /PRNewswire-FirstCall/ -- The Gizmondo Europe Ltd. subsidiary
and Tiger Telematics Inc (TIGR) announced today, that it has appointed Joseph
Marten as Head of Investor Relations. The addition is a part of the planned
development and launch of Gizmondo. The recently name device Gizmondo where
"Gizmo" is a versatile gadget and "Mondo" means the world, is a futuristic,
wireless handheld multi-entertainment device, built on the Microsoft Windows
CE.NET platform, which features cutting-edge gaming, an MP3 music player, video
player, multimedia messaging, GPS function and an in-built camera. The device
has a GPRS connection and is due to launch later this year.
Marten was previously a long standing Investment Director at Brown Shipley
managing a GBP300 million portfolio investing in UK Equities, Fixed Income,
bonds and major overseas markets. Joe has over 17 years of experience managing
investments. He started his career at Henry Cooke Lumsden in 1987 and
transferred to Brown Shipley following the takeover in 1999.
"Joe will be responsible for all aspects of investor relations in particular
communicating the strategy of Tiger Telematics in relation to its UK subsidiary
Gizmondo Europe Limited", noted Patrik Walgren Head of Global Public Relations
for the Company. "He will be based in and can be reached in the UK at
Gizmondo's HQ in Farnborough outside of London. Joe brings with him
considerable knowledge of financial markets and has built up many contacts over
the years that will be beneficial to the company."
Mike Carrender, CEO of Tiger Telematics, commented:
"We are delighted to welcome Joe to Tiger. He brings to us a great deal of
investment experience and after 17 years in the City of London as a fund
manager has an extremely strong understanding of what investors are looking for
and the best way to communicate to them. He will play a key role in
communicating the significant investment and market potential of Gizmondo to
current shareholders and potential investors. He is another step in our plan
to bring the best people possible to the Company to work with the world class
strategic partners that we have announced to bring our futuristic
multi-entertainment device, Gizmondo to the market."
Notes:
About Tiger:
Gizmondo, Europe Ltd, is a series of owned subsidiaries of Tiger Telematics Inc
(OTC:TIGR.PK) and is the maker of the Gizmondo, the next-generation mobile
entertainment device. Set to launch in 2004, the gaming device includes
in-built music, video, messaging and picture functions.
http://www.gizmondo.com/
http://www.tigertelematics.com/
Tiger 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.
Except for historical matters contained herein, the matters discussed in this
press release are forward-looking and are made pursuant to the safe harbour
provisions of the Private Securities Litigation Reform Act of 1995. Investors
are cautioned that these forward-looking statements reflect numerous
assumptions and involve risks and uncertainties that may affect Tiger
Telematics, Inc. and its subsidiary businesses and prospects and cause actual
results to differ materially from these forward-looking statements. Among the
factors that could cause actual results to differ are Tiger Telematics Inc.'s
operating history; competition; low barriers to entry; reliance on strategic
relationships; rapid technological changes; inability to complete transactions
on favourable terms; and those risks discussed in the Company's filings with
the SEC.
DATASOURCE: Tiger Telematics Inc; Gizmondo Europe Ltd.
CONTACT: Mike Carrender, CEO, Tiger Telematics, Inc. +1-904-279-9240,
Patrik Wallgren, Head of Global Public Relations, +44-7813-647-752
Web Site: http://www.gizmondo.com/
http://www.tigertelematics.com/