Tiger Telematics Appoints Head of Investor Relations
April 21 2004 - 1:21PM
PR Newswire (US)
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/
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