Tiger Telematics Signs Gizmondo Deal With Loudeye's European Subsidiary OD2 Europe's Leading Digital Distributor of Music LONDON, July 15 /PRNewswire-FirstCall/ -- Gizmondo Europe Ltd, subsidiary of Jacksonville, FL based Tiger Telematics Inc (TIGR) announced today an agreement with Europe's leading digital distributor of music, On Demand Distribution (OD2), a subsidiary of Loudeye Corp. The comprehensive deal gives Gizmondo access to a massive catalogue of music. In addition to over 1.3 million cleared tracks from over 12,000 artists, the OD2 deal includes the development and management of a Gizmondo-branded music site solution and digital logistics, ensuring everything will be up and running for the Gizmondo launch later this year. "This is a fantastic deal that further boosts our already exciting content offering," says Carl Freer, Managing Director, Gizmondo Europe. "Its scope is staggering and we're very pleased that OD2 is going to provide Gizmondo users with massive music choice -- Basically, you name it, the Gizmondo's got it." Ed Averdieck, sales and marketing director of Loudeye's OD2 subsidiary comments: "Our objective is to sell and promote the music we manage through a diverse set of on-line retailers and to find new channels for music sales. Naturally, the Gizmondo platform interests us very much as it is at the cutting-edge of digital music distribution." The OD2 distribution system is Microsoft-based, further ensuring seamless compatibility with Gizmondo's Microsoft Windows CE.net platform. The device has a 2.8-inch TFT color screen with an ARM9 400Mhz processor and incorporates a 64-bit graphics accelerator. Besides the MP3 music player, the device provides cutting-edge gaming, multimedia messaging, MPEG-4 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 and is equipped with Bluetooth for use in multi-player gaming and accepts MMC card accessories. The deal with OD2 is the latest in a series of exciting content acquisitions with more planned. Please see previous releases: -- Jenson Button ... On new Tiger Telematics Gaming Device: 9 July 2004 -- Tiger Telematics Gives Green Light to Indie Studios for New, Short-Time GPS Gizmondo Game: 4 June 2004 -- Tiger Telematics Strengthens Gizmondo's Game Portfolio with Fathammer: 28 May 2004 -- Tiger Telematic's Gizmondo Premieres the World of 'Colors' -- World's First GPS/GPRS Enabled Interactive Game -- at E3Expo 2004: 12 May 2004 About Tiger Telematics and Gizmondo Gizmondo Europe Ltd. is an owned subsidiary of Tiger Telematics Inc (OTC:TIGR) and is the maker of Gizmondo, a next-generation mobile entertainment device. Set to launch in 2004, the gaming device includes in- built music, video, messaging and picture functions. 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. http://www.gizmondo.com/ http://www.tigertelematics.com/ About Loudeye Corp. Loudeye is the worldwide leader in business-to-business digital media solutions and the outsourcing provider of choice for companies looking to maximize the return on their digital media investment. Loudeye combines innovative products and services with the world's largest music archive and the industry's leading digital media infrastructure enabling partners to rapidly and cost effectively launch complete, customized digital media stores and services. For more information, visit http://www.loudeye.com/. 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 CONTACT: Global Media: Patrik Wallgren, Head of Global Public Relations, +44-7813-647-752, or Mike Carrender, CEO of Tiger Telematics, Inc., +1-904-279-9240; For US Media, Serena Tesler, +1-212-880-5279, Web site: http://www.gizmondo.com/ http://www.tigertelematics.com/

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