Gizmondo
The Gizmondo is a handheld gaming console with GPRS and GPS technology, which was manufactured by Tiger Telematics and its subsidiary, Gizmondo Europe Ltd. Ljungman's company 3P PreForm Marketing and Research performed research and development work for Gizmondo Europe since 2003 and was paid $7.6 million. After Gizmondo Europe's bankruptcy in early 2006, the liquidators had outstanding questions about Ljungman and his company's involvement with Gizmondo Europe Ltd; they were perfectly satisfied with Ljungman's answers. In May 2008, Carl Freer bought Gizmondo Europe's intellectual property rights. Ljungman worked with Freer on the relaunch of the Gizmondo, with Freer calling him his "co-pilot". He traveled to China in early 2008 to arrange manufacturing, a contract worth $300M.
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