Tiger Telematics, Inc. Announces Relocation

    FORT LAUDERDALE, Fla.--Sept. 5, 2002--Tiger Telematics, Inc. (OTCBB:TIGR) today announced that it has relocated its corporate office to Jacksonville, FL. Michael Carrender, CEO said, "this relocation allows us to focus on telematics, free from any distractions associated with our recently sold flooring assets. The firm will occupy space at 4190 Belfort Rd. at Enterprise Park in the heart of the booming Southside Boulevard area of Jacksonville.
    Mr. Carrender further indicated, "Tiger has engaged the law firm of Smith Hulsey & Busey of Jacksonville, FL. as its legal counsel. The firm will focus initially on issues related to its recently acquired assets of Comworxx. We bought these assets to expand our telematics business, to acquire a competitor, to own intellectual property and licence agreements in telematics, and establish a customer base in the USA. Smith Hulsey & Busey is the best firm to help us with the strategy associated with the new business."

    About Tiger

    Tiger Telematics, Inc., provides telematics products and services in Europe and other areas. 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.