Gizmondo Delayed Until October

Tiger Telematics has delayed the highly anticipated Gizmondo device until October following consultation with U.S. retailers. The company previewed the Gizmondo at this year's E3 conference in Los Angeles. Tiger blamed the change in plans on delays in a GPS device and a "significant game title" that was to coincide with the launch.

According to Tiger CEO Mike Carrender, the Gizmondo will now have 500,000 units available at launch, along with a wider portfolio of games. Also, the device will hit right before the holiday shopping season, which the company sees as beneficial to its success. "We're mindful that North America is a hugely influential and strategically important market, and we're determined to package every aspect of the US launch to succeed," company chairman Carl Freer said in prepared remarks.