Tiger Telematics, Inc. Announces the Appointment of New Management

    FORT LAUDERDALE, Fla.--Aug. 23, 2002--Tiger Telematics, Inc. (OTCBB:TIGR) today announced that it has made some key and strategic appointments to strengthen its existing management team, particularly at its London based Tiger Telematics, Ltd. subsidiary.
    Mr. Steve Carroll, MSc. (a master of science degree), formally Technical Director of Maxon Sewon Europe Ltd., has joined the company as Executive Director of Product Development for worldwide operations. Mr. Paul Weatherston, who brings to the company over 7 years expertise in data and telemetry business, will assist him in his role. Maxon Sewon Europe Ltd. also previously employed Mr. Paul Weatherston. The team is further supplemented by the appointment of Mr. Khalid Saiduddin MSc., a co-founder and former executive of Pilotfish Networks, AB, a part of Volvo Group, a Swedish based telematics provider to the industrial and marine sectors. Mr. Khalid Saiduddin will assume the role of Operations Officer for Tiger Telematics in London.
    Mr. Geoff Mitchell, the Managing Director of Tiger Telematics Ltd. said, "These appointments reflect the company's ongoing commitment to strengthen the management team so as to ensure that it has sufficient breadth of experience to enable it to achieve its vision of becoming a world leader in the provision of high quality telematic products and services."

    About Tiger

    Tiger Telematics, Inc. provides telematics products and services in Europe and in North America. Tiger's mission is to bridge the gap that exists between the telecommunications, computing and automotive industries by delivering a comprehensive telematics solution to the consumer, business and fleet markets. Tiger provides mobile telematics services that add value to subscribers by helping them safely connect to the wireless world.

    Except for historical matters contained herein, the matters discussed in this press release are forward-looking and are made pursuant to the safe harbor 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 favorable terms; and those risks discussed in the Company's filings with the SEC.