Tiger Telematics Appoints Head of Investor Relations
Wednesday April 21, 1:22 pm ET
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 - News) 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.
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.
