Amsterdam, 11 May 2005 - As of May 1st 2005, Leo van de Voort has joined Playlogic International as CFO. Leo has been working in financial positions for over fifteen years, as Consultant, Investment Banker and Financial Director/CFO.
After finishing several academic studies and graduating with an MBA from Erasmus University/Rotterdam School of Management in 1989, Leo started working with KPMG as a Business Consultant, moving to the Dutch A.T. Kearney consultancy practice in 1994. From 1999 to 2001 Leo served as Director of the Corporate Finance Department of merchant bank Kempen & Co. In 2001 he joined Flex Group Netherlands as CFO; in 2003 the Flex Group was voted Europe's fastest growing company. At the end of 2004 Leo joined a NASDAQ listed company specialized in the distribution of digital content as CFO ad interim.
In his new position with Playlogic, Leo will be responsible for Playlogic's Finance Department and its day-to-day activities. He will also have a key strategic role in overseeing all aspects of Playlogic's imminent NASDAQ listing and preparing the Company for compliance with the Sarbanes-Oxley Act ('SOX').
Leo van de Voort: "I am proud to be part of the Playlogic team. Playlogic is a company with huge and interesting potential. It has a strong professional team with a good drive to make it happen. The gaming industry is moving and shaking, and it is a challenge to claim our stake. With an expanding pipeline, and promising games it must be possible to move up to a top-European position and create sustainable shareholder value.'
Willem M. Smit, CEO: "Leo has a huge experience in structuring fast growing companies; he also has a strong and credible presence that perfectly fits within Playlogics positioning."
Playlogic International N.V. is the largest Dutch independent publisher and developer of games for console, PC, handheld and mobile devices; a games company that publishes game concepts on all platforms, across various genres that are delivered through all available channels of distribution (online and offline) to the end-users of every age, male and female.
Playlogic is experienced in publishing and developing digital entertainment products on all relevant platforms.
Playlogic, established in early 2002, publishes games that are being developed by Playlogic's in-house studio Playlogic Game Factory based in Breda, The Netherlands, as well as games that are being developed by a large number of studios throughout Europe and the USA.
In total, there are 11 projects on several platforms on the current release list. New titles will be added throughout the year, since Playlogic is always looking for additional, high-quality games.
Playlogic acquires products that can be exploited in the complete value chain of digital entertainment products; from games at retail to mobile games and digital TV.
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