Go Back  DVD Talk Forum > Entertainment Discussions > Video Game Talk
Reload this Page >

Gizmondo announces UK launch on October 29

Community
Search
Video Game Talk The Place to talk about and trade Video & PC Games

Gizmondo announces UK launch on October 29

Thread Tools
 
Search this Thread
 
Old 09-13-04, 06:59 PM
  #1  
Guest
Thread Starter
 
Join Date: Jul 1999
Location: Glendale, next to L.A.
Posts: 18,484
Likes: 0
Received 1 Like on 1 Post
Gizmondo announces UK launch on October 29

http://www.gamesindustry.biz/content_page.php?aid=4393

Rob Fahey 10:04 13/09/2004

Britain gets the world premiere of the latest handheld contender

The latest entry to the handheld console market, Gizmondo, is set to launch on October 29th - with the UK leading the rest of the world, where the powerful games, multimedia and communication device will roll out during 2005.

The Gizmondo system, which made its public debut at the Game Stars Live consumer show in London earlier this month, features a range of entertainment and communications features along with its game-playing abilities.

The console has movie and music playback functions, can link in to the phone networks for SMS and MMS communications, features a high resolution digital camera and, in a world first for a games console, has GPS navigation functions.

Gizmondo, which is a subsidiary of US firm Tiger Telematics, intends to use the GPS (Global Positioning System) system to offer unique location-based gameplay in some of the titles for the system, as well as allowing users access to basic GPS functions.

"Everything's gone according to schedule and now we can enjoy the fruition of our hard work," according to Gizmondo Europe's CTO, Steve Carroll. "I'm very proud that the world is now able to enjoy our leading engineering and entrepreneurship. It's going to be fun out there."

"We believe that the Gizmondo is one of the most powerful handheld devices that will be on the market in the UK," Carroll continued. "It is loaded with different options, and depending on what you would like to do, the Gizmondo has got it."

"Our intention is to bring our device to markets worldwide," confirmed Carl Freer, managing director at Gizmondo Europe. "The launch and arrival of Gizmondo starting in the UK signifies a new era in portable entertainment."

"The timing also means that the highly anticipated multi-entertainer will be available in time for the Christmas trade," he explained. "And positions us well ahead of our nearest competitors."

The pre-Christmas launch does indeed give Gizmondo a significant headstart on the Nintendo DS and Sony PSP consoles, neither of which will arrive in Europe until 2005. As such, the only new competition that the console will face will be from Tapwave's Zodiac handheld, which is based on the Palm operating system and also launches in the UK in the coming months.


Anybody heard anything about this one?

Chris
Old 02-23-06, 11:49 AM
  #2  
DVD Talk Hero
 
Join Date: Aug 1999
Posts: 44,233
Received 1,943 Likes on 1,504 Posts
Wow, the excitement over this handheld is overwhelming.

Anyway, this is already being discussed in other, but the idiot who totalled his 1 million dollar Ferrari Enzo in malibu was once the top executive of Gizmondo, who bailed to avoid charges of counterfitting and avoided the collapse of the company.
Old 02-23-06, 11:52 AM
  #3  
DVD Talk Platinum Edition
 
Join Date: Sep 2004
Location: Ft. Wayne, Indiana
Posts: 3,227
Likes: 0
Received 0 Likes on 0 Posts
Originally Posted by fujishig
Wow, the excitement over this handheld is overwhelming.

Anyway, this is already being discussed in other, but the idiot who totalled his 1 million dollar Ferrari Enzo in malibu was once the top executive of Gizmondo, who bailed to avoid charges of counterfitting and avoided the collapse of the company.
Shit man you went back a ways for this one this was posted like two days before I joined the site.
Old 02-23-06, 12:00 PM
  #4  
Guest
Thread Starter
 
Join Date: Jul 1999
Location: Glendale, next to L.A.
Posts: 18,484
Likes: 0
Received 1 Like on 1 Post
I had forgotten that I had posted this.

Here's an update on Gizmondo

http://www.gameplanet.co.nz/mag.dyn/News/10382.html

Gizmondo collapses, liquidators appointed
Posted by M (22 Feb 2006, 11:51 p.m. NZDT)

Begbies Traynor and David Rubin & Partners, joint liquidators of Gizmondo Europe Limited, a subsidiary of US-listed company Tiger Telematics Inc., which entered into liquidation after making net losses estimated at around £140 million in the nine-month period to September 2005 on sales of £1.4 million, are to hold a meeting with creditors following the subsidiary's collapse earlier this month. The company had previously lost £49 million on turnover of £400k in the year ended 31 December 2004.

On 2 February, the Court appointed two separate firms of liquidators. David Rubin and Asher Miller from David Rubin and Partners are responsible for liaising with the creditors and for realising the value of Gizmondo's assets, while Paul Davis and Tim Dolder, liquidators at Begbies Traynor, will be conducting an investigation into the causes of the company's collapse and extent of the losses.

Gizmondo Europe Limited was incorporated in December 2002, and until its recent liquidation, employed 27 staff at its head office in Farnborough, Hampshire, and five at its Regent Street store in central London, which opened in March 2005. All staff have been made redundant.

The company had invested heavily in the research, development and promotion of its unique hand-held device to provide a wireless multimedia platform for games, music, movies, texting and host of mapping services using GPS technology. The Gizmondo unit retailed at around £130 for the basic model.

However, poor timing co-inciding with the Nintendo DS and PlayStation Portable, coupled with sharply escalating costs and unexpected delays to the product's US launch, led ultimately to the insolvency of Gizmondo Europe Limited.

The Liquidators will provide further updates in due course.


Chris

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.