(Amsterdam, the Netherlands) September 25th, 2007– Today, Playlogic Entertainment, Inc. New York City, USA (OTCBB: PLGC) announced it has signed a publishing and distribution agreement with Ignition Entertainment Ltd for the North American market. The titles covered by this agreement are Xyanide: Resurrection for PS2 and Obscure: The Aftermath for PC, PS2 and Wii.
Playlogic’s International Sales Director Pierre Thiercelin comments:“We are excited to enter into this partnership with Ignition and are confident in their ability to successfully bring these titles to market.”
“We very much look forward to working with Playlogic, and bringing their titles to the American market place” Said Ajay Chadha, President, Ignition USA“We feel that each game will be well received by fans of their respective genres”.
Obscure: The Aftermath (PC, PS2 and Wii) takes place two years after the gruesome events of the first game. The survivors have gone on to college and try to return to their normal lives. After they discovery of a beautiful but strange plant on school campus, events take a turn for the worse. Soon, the college students have to fight for survival once again.
Players of Obscure: The Aftermath can choose between six playable characters, each with their own unique abilities. In single player mode, the player controls his main character supported by an AI controlled sidekick. Due to the game’s unique co-op feature, friends can join the action at any time, taking control of the second character to team up and attempt surviving Obscure II together. There are many available weapons to keep the monsters that hunt you at bay.
Xyanide Resurrection is an action packed classic 3-d Shoot’em up game. The player takes on the role of Drake, a government executioner from the planet Mardar. His mission is to capture the escaped witch Aguira and bring her back to the judge. Aguira uses the mythical power of Xyanide to transform worlds and to create creatures and obstacles to keep Drake from catching her.
The technology used for Xyanide Resurrection has never been seen before on the PS2. High quality interactive video backdrops are seamlessly integrated with the real-time game scenery to deliver breathtaking graphics and effects. This game has been created at Playlogics in house studio, the Playlogic Game Factory in Breda, The Netherlands.
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 the OTCBB under the symbol "PLGC" 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“Officers” and“Age of Pirates: Captain Blood” 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” and“Gene Troopers.”
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 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
Playlogic Entertainment, Inc.
Loana Leatomu, Corporate PR&IR Office
T: +31 20 676 03 04
F: +31 20 673 13 14
For further information about Playlogic, please visit the Corporate Center at www.playlogicgames.com
About IGNITION ENTERTAINMENT LIMITED
Ignition Entertainment Limited is a privately owned software developer and publisher. Ignition was created by a core team of gaming industry veterans with the purpose of building upon their successful track record within the international games industry, and to bring a fresh new approach to both the development and distribution of original gaming product. You can find more information about IGNITION ENTERTAINMENT LIMITED at http://www.ignitionent.com
About UTV Software.
UTV Software Communications Ltd. is India’s foremost Media&Entertainment Company with leadership position in four verticals that includes Motion Pictures, Broadcasting, TV Content and New Media (i.e. Animation and Gaming). Listed on the Mumbai Stock Exchange. Walt Disney Inc holds a strategic stake in UTV. It has subsidiaries with offices across India, the UK and USA.
UTV Motion Pictures pioneered the Studio Model in India with operations encompassing Production, Marketing, Distribution and International Co-Productions. Strategic relationships with 20th Century Fox, Walt Disney and Sony Pictures, along with Will Smith’s Overbrook, have positioned UTV as the only South Asian Company in the International Movie Space. Recent releases include Mira Nair’s“The Namesake” and under-Production M. Night Shyamalan’s“The Happening”. Its Indian slate includes the BAFTA nominated Rang De Basanti with a slate of over 12 movies on the floor, along with its International Co-Productions makes it the largest Movie Studio in South Asia.
In New Media, UTV has one of the largest 3D Animated facilities located in Mumbai and after it acquiring controlling stakes in two Gaming Companies i.e. India Games (India’s largest Mobile Gaming company) and Ignition UK (Console Gaming), along with it having under production three of the largest animation movies to come out of India in the next 2 years, it has carved a space as the premier New Media Company in South Asia.
In Television Content, a business with which UTV was founded, the company produces and markets over 20hrs of television programmes a week in multiple languages.
In Broadcasting, after its roaring success of its Kids Channel– Hungama TV to the Number 1 position in 18 months, UTV launches a bouquet of Channels including India's first Youth Entertainment Brand and related channels called "Bindass", a World Cinema Channel entitled "Olive" and a slue of other Channels to be announced soon. UTV will also create its own Distribution Bouquet for its channels.
More information on the group is available at www.utvnet.com