Tiger Telematics and State-Run Chinese Conglomerate - CATIC - Sign Heads of Agreement Opening Gateway to China for Gametrac LONDON, March 26 /PRNewswire-FirstCall/ -- Gametrac Europe Ltd, subsidiary of Jacksonville, FL based Tiger Telematics Inc (TIGR) announced today, that it has signed a top level Heads of Agreement with multi-billion dollar distribution outlet, CATIC. The extensive agreement includes sales, distribution, technical support and numerous other joint ventures for all Chinese regions. (Photo: http://www.newscom.com/cgi-bin/prnh/20040326/LNF003 ) Gametrac is a 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. "It's a breakthrough for Gametrac, ensuring that demand will be met as well as providing efficient Asian distribution. The timing of this agreement with CATIC could not be better," says Steve Carroll, Technical Director of Gametrac Europe Ltd. "Not only because of the booming growth in China, but because the response from our potential Chinese customers has been exceptional inwhat is the world's fastest growing hi-tech market." The enthusiasm is matched by Xu Tongyu Deputy Director of CATIC Supply: "We are delighted to be collaborating with Tiger Telematics. The Gametrac device is powerful and highly appealing and it is perfect for the Chinese market. CATIC is a key, state-owned enterprise and our new friends at Gametrac can count on our doing our very best to help them." CATIC businesses range from manufacturing to the import and export of technological products, fromaviation to hotels. CATIC has positioned itself in the front rank of China's one hundred best foreign trade enterprises. In addition, CATIC have 45 overseas branches and representative offices in 30 countries and regions. Mr. Steve Carroll and Mr. Xu Tongyu on the Great Wall of China sealed the deal with a handshake. Notes: About Tiger: Gametrac Europe Ltd is a series of owned subsidiaries of Tiger Telematics Inc (OTC:TIGR) and is the maker of Gametrac, a next-generation mobile entertainment device. Set to launch in the UK in 2004, the gaming device includes in-built music, video, messaging and picture functions. http://www.gametrac.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. About CATIC: Established in 1979, CATIC is a trans-national group integrating industry and technology with trade. The company has made remarkable progress in the import and export of aero and non-aero products, as well as businesses ranging from hotels to manufacturing to the import and export of mechanical and electrical products technology. CATIC has accumulated an import export volume of $20.8 billion, firmly holding its position in the top 20 of China's companies in terms of import and export volumes. For more information, please visit http://www.catic.com.cn/ . 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 andinvolve 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 todiffer 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. http://www.newscom.com/cgi-bin/prnh/20040326/LNF003 DATASOURCE: Tiger Telematics Inc CONTACT: Mike Carrender, CEO, Tiger Telematics, Inc., +1-904-279-9240; Patrik Wallgren, Head of Global Public Relations, Global Media, +44-7813-647-752, Web Site: http://www.tigertelematics.com/ http://www.gametrac.com/ http://www.catic.com.cn/

Copyright