(New York, USA / Amsterdam, the Netherlands) December 4th, 2007– Playlogic Entertainment, Inc. (Nasdaq OTC: PLGC.OB) - an independent worldwide publisher of entertainment software - has retained Strategic Growth International, Inc. (SGI), a global investor relations firm to achieve increased share value and awareness of Playlogic in the investment community.
SGI will support Playlogic to realize the company’s strategic and commercial objectives to become a leading publisher of games. The New York headquartered IR advisor will introduce Playlogic to new investors, brokers and analysts and create financial media opportunities.
Willem M. Smit, CEO of Playlogic, commented:“Playlogic is going to increase its visibility in the U.S. financial markets and shall take full advantage of its U.S. listing. The retention of Strategic Growth International is an important step in this process.”
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.
About Strategic Growth International:
Founded in 1989, SGI is headed by Stanley Altschuler and Richard Cooper, two long-time and highly respected Wall Street veterans, who have assembled an experienced team of investment/financial professionals to serve the clients.
Since its inception in 1989, Strategic Growth has achieved an unparalleled success for over a hundred clients.
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; reducedcustomer 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
T: +31 20 676 03 04
M: +31 6 13 73 20 10
F : +31 20 673 13 14
Investor Relations Contact
Strategic Growth International, Inc.:
Richard E. Cooper
Jennifer K. Zimmons Ph.D.
For further information about Playlogic, please visit the Corporate Center at www.playlogicgames.com