TIGER TELEMATICS ANNOUNCES GIZMONDO FUND TO PROMOTE GAMING INNOVATION AND CREATIVITY

LONDON, Aug.6 /PR Newswire-AsiaNet/-- Gizmondo Europe Ltd, subsidiary of Jacksonville, Florida-based, Tiger Telematics Inc (OTC: TGTL.PK), announced today a new game innovation fund, seeking to support emerging developers who
want to take gaming to the next level by leveraging the outstanding range of features of the Gizmondo mobile gaming device.

"Gizmondo stands for leading-edge innovation and genuine gaming excitement," says Carl Freer, Managing Director, Gizmondo. "And that's exactly what we are looking for in the next generation of game developers."

Mikael Astrom, Acquisition Manager, Gizmondo says: "We are a great choice for developers and publishers that strive to change the gamer's perception of what gaming is about."

One feature unique to Gizmondo game play is the GPS function that incorporates a player's physical location into the game itself, creating a unique virtual gaming world. "The GPS will do to games what 3D did, really
adding that edge to what is possible. It's not all about great graphics anymore!"

Mikael Astrom adds: "At the same time, Gizmondo strives to be as easy as possible to develop games for, both through our hardware as well as the technology solutions we're bringing along to enable all these great ideas.

"We're seeing that the industry is suffering from stagnation in innovative titles. So at an early stage, we've decided to make incremental support money available to our publisher partners in bringing new, innovative
titles to our platform."

One developer already creating games for the Gizmondo is Stockholm-based Indie Studios that was recently acquired by Gizmondo.

Indie Studios has two games in the pipeline; 'Colors', a gang warfare game enabling players to battle for supremacy of their designated environment, and 'City', a short-time game providing first-class entertainment for Gizmondo
gamers in limited time situations. Both utilize Gizmondo's GPS-capabilities and messaging over GPRS.

The Gizmondo, powered by a Microsoft Windows CE.net platform, boasts a 2.8-inch TFT color screen with a Samsung ARM9 400Mhz processor and incorporates 64-bit 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 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.

About Tiger Telematics and Gizmondo

Gizmondo Europe Ltd. is an owned subsidiary of Tiger Telematics Inc (OTC: TGTL.PK) and is the maker of Gizmondo, a next-generation mobile entertainment device. Set to launch in 2004, the gaming device includes built-in music,
video, messaging and picture functions and GPS.

www.gizmondo.com

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.

For further information please contact:

Source: Tiger Telematics Inc.

GLOBAL MEDIA : PATRIK WALLGREN,
: HEAD OF GLOBAL PUBLIC RELATIONS,
: +44-(0)7813-647-752.
: MIKE CARRENDER,
: CEO, TIGER TELEMATICS, INC.,
: +1-904-279-9240.
US MEDIA : SERENA TESLER,
: +1-(212)-880-5279,
: SERENA.TESLER@OGILVYPR.COM.
: KELLY GORDON,
: +1-(312)-397-6044,
: KELLY.GORDON@OGILVYPR.COM
DATE OF RELEASE : AUGUST 6, 2004
RELEASED BY BERNAMA PRWIRE MALAYSIA*GLOBAL