Carl Freer Buys IPR Assets
In November 2007, Carl Freer stated in an interview with the Swedish-American journalist Hans Sandberg that he was interested in starting up production of the Gizmondo again.
In April 2008, a press release was issued that an agreement had been reached between the joint liquidators of Gizmondo Europe Ltd in Liquidation and one of the company's ex Directors, Mr Carl Freer. The press release originated as a low quality copy of a letter purported to be from one of the accounting firms handling the insolvency, posted to a file sharing site. According to Mr Freer, “the shareholders of Tiger Telematics will now be able to prosper on the re-introduction of the Gizmondo into the market.”
Read more about this topic: Tiger Telematics
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