Amsterdam/New York– 25th March 2010– Playlogic Entertainment, Inc. (Nasdaq OTC: PLGC.OB), an independent worldwide publisher of entertainment software, announced today that its internal development studio, Playlogic Game Factory, is developing new motion control enabled products with Sony Computer Entertainment Europe.
Playlogic Game Factory, located in Breda, The Netherlands has worked on a great number of SCEE licenses in the past such as EyeToy™ Play: PomPom Party for PlayStation®2, Aqua Vita™, Tori Emaki™, Mesmerise™, and most recently EyePet™ for PlayStation®3.
Executive Vice President of Playlogic, Rogier Smit said:“We have increased the team size dedicated to these new projects to accommodate the extension of our partnership with Sony Computer Entertainment Europe. We have proved to Sony over the past 5 years that our team has the skills they require and we will continue to deliver the quality Playlogic Game Factory is known for”
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Playlogic Entertainment, Inc. is an independent worldwide publisher of digital entertainment software for consoles, PCs, handhelds, mobile devices, and other digital media platforms. Playlogic publishes and distributes products throughout all available channels, both online and offline. Playlogic is listed on Nasdaq OTC under the ticker symbol "PLGC.OB" and is headquartered in New York, USA and Amsterdam, the Netherlands. Playlogic's in-house game development studio“Playlogic Game Factory” is based in Breda (the Netherlands). Playlogic's portfolio includes games developed by Playlogic Game Factory, as well as external studios throughout the world. The Playlogic Game Factory also develops first party titles for Sony Computer Entertainment Europe (SCEE). Playlogic publishes quality games, working with leading technology providers to produce a broad range of digital entertainment from concept to finished product. For more information on Playlogic, please visit www.playlogicgames.com
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.
Rick van Beem
Playlogic International N.V.
T: +31 20 676 03 04
M: +31 6 22 95 67 23