(New York, USA / Amsterdam, the Netherlands) November 27th, 2007– Playlogic Entertainment, Inc. (Nasdaq OTC: PLGC.OB) - an independent worldwide publisher of entertainment software - has won the legal proceedings in copyrights to the game Ancient Wars: Sparta. So has decided the District Court of Amsterdam in the case of Playlogic Entertainment against WorldForge / Visionvale Ltd. from Cyprus and Burut Co. from Russia.
The provisional judge of the District Court of Amsterdam concludes that all the copyrights to the game Ancient Wars: Sparta always belonged to Playlogic pursuant to the agreement with WorldForge / Visionvale and Burut. The judge ruled in Playlogic’ s favour on all counts.
Jeroen Zandt, counsel for Playlogic:“The judgement is clear as crystal. Playlogic owns the copyrights. WorldForge / Visionvale and Burut have to pay a penalty of€10,000 each time they state the contrary or refrain from publishing rectifications of former wrong statements. They are prohibited to exploit the game Ancient Wars: Sparta outside countries of the former Soviet Union on pain of a penalty of€1,000 for every copy without permission.”
Ancient Wars: Sparta
The popular game Ancient Wars: Sparta is based on the history of the ancient ages and their main nations. Spartans, Persians and Egyptians are fighting for influence around Little Asia, Europe and North Africa. The action takes place in the historically correct timeline between 500-450 BC, with different campaigns for all three races. Sparta represents 3D strategy in real time with the new developed“Ancient Wars Engine” (AWE), where the player will have to use each nation’s powers to be superior over other competitors and rule supreme.
Playlogic Entertainment, Inc. is an independent publisher of entertainment software for PCs, consoles, handhelds, mobile devices, and other digital media. Playlogic distributes its products worldwide through all available channels, online and offline. Playlogic, who currently has approximately 75 employees, is listed on Nasdaq OTC under the symbol "PLGC.OB" and is headquartered in New York and Amsterdam. Its internal game development studio is based in Breda (The Netherlands).
Playlogic's portfolio includes games that are being developed by several teams at the Playlogic Game Factory, Playlogic's in-house development studio based in Breda, as well as games developed by a number of studios throughout the world with approximately 300 people of external development staff. Currently, 10 games on 12 platforms are in the works including“Obscure II (Wii),”“Officers” and“Age of Pirates: Captain Blood” and“Evil Days of Luckless John” which will be published this year, and“Dragon Hunters” based on the animated TV series and up-coming movie which will be published early next year. Recent world-wide releases include“Xyanide Resurrection,”“Ancient Wars: Sparta,” "Infernal,” "Age of Pirates: Caribbean Tales,"“World Racing 2,”“Knights of the Temple 2”,“Gene Troopers”,“ Evil Days of Luckless John” and“Obscure II (PS2, PC)”.
Playlogic publishes quality games, working with leading technology to produce digital entertainment from concept to finished product.
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.
FOR MORE INFORMATION
Jeroen Stein, IR&PR Office
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