Amsterdam / New York, January 27th, 2008 - Playlogic Entertainment, Inc. (Nasdaq OTC: PLGC.OB) announced today that Paige Carlson will be joining Playlogic as VP Sales and Business Development for North America. Carlson is a successful industry veteran who has previously worked as Sales Director at GT Interactive, Atari inc. and Sega US and has been responsible for the launch of some of the most successful and prolific gaming titles such as: Mario&Sonic at the Olympic Games, Dragonball Z and Civilization.
Reporting directly to Chief Executive Officer Willem M. Smit, Carlson will be responsible for increasing Playlogic’s presence in the US market and the development of new business opportunities.
Willem M. Smit, Chief Executive Officer at Playlogic, said:“We are very pleased to welcome Paige on board. As we are about to release the strongest line-up in the company’s history, Paige’s strong industry background will help reach a broader audience in North America.”
Paige Carlson, VP for Sales and Business Development, added:“I’m looking forward to developing Playlogic’s presence in North America and introducing Playlogic’s strong product line into the US market; as well as working on titles such as Sudoku Ball™ - Detective (Wii, DS, PC), Vertigo (Wii, DS, PC) and the highly anticipated Fairytale Fights (360, PS3, PC)"
Playlogic Entertainment, Inc. is an independent worldwide publisher of entertainment software for consoles, PCs, handhelds, mobile devices, and other digital media. Playlogic distributes its products through all available channels, online and offline. Playlogic, who currently has approximately 100 employees, is listed on Nasdaq OTC under the symbol "PLGC.OB" and is headquartered in New York, USA and Amsterdam, the Netherlands. Its in-house game development studio“Playlogic Game Factory” is based in Breda (the Netherlands).
Playlogic's portfolio includes games that are being developed by several teams at the Playlogic Game Factory, as well as games developed by a number of studios throughout the world with approximately 400 people of external development staff. The Playlogic Game Factory also develops first party titles for Sony Computer Entertainment Europe (SCEE).
Playlogic publishes quality games, working with leading technology to produce digital entertainment from concept to finished product. Playlogic plans to publish 12 titles, on several platforms, during 2009.
FORWARD LOOKING STATEMENTS:
This release contains statements about PLAYLOGIC's future expectations, performance, plans, and prospects, as well as assumptions about future events. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including without limitation, business and economic conditions and trends; fluctuations in operating results; reduced customer demand relative to expectations; competitive factors; and other risk factors listed from time to time in the company's SEC reports. Actual results may differ materially from our expectations as the result of these and other important factors relating to PLAYLOGIC'S business and product development efforts, which are further described in filings with the Securities and Exchange Commission. These filings can be obtained from the SEC's website located at www.sec.gov. Any forward-looking statements are based on information available to PLAYLOGIC on the date of this release, and PLAYLOGIC assumes no obligation to update such statements.
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