The Gizmono is a handheld gaming console with GPRS and GPS technology, which was manufactured by Tiger Telematics. Launched in 2005, the Gizmondo sold poorly, and by February of 2006 the company discontinued the Gizmondo and was forced into bankruptcy. Gizmondo was overshadowed by Stefan Eriksson's involvement in organized crime. In 2008, Carl Freer announced that he had reached an agreement with the liquidators, and planned to re-launch Gizmondo.