A number of executives who were involved with Gizmondo Europe, the failed handheld computer games company, have re-emerged at a US-based mobile phone company start-up.

Peter Lilley, who headed up Gizmondo's Smart Adds business unit, David Levett who was formerly chief software architect at Gizmondo, and Rich Clayton, US producer for Gizmondo, are involved in setting up a new company called Xero Mobile, based in Beverley Hills.