Amsterdam, September 8, 2005 - Game publisher and developer Playlogic Entertainment, Inc. announced today that it has obtained an official worldwide publishers license for the Xbox® video game system from Microsoft®. Playlogic will publish the Xbox titles "World Racing 2", "Knights of the Temple 2", "Gene Troopers" and "Xyanide" later this year.
The Publishers License Agreement grants Playlogic worldwide rights to publish and develop software for Xbox.
Playlogic Executive Vice President Rogier W. Smit said, "We are very proud to announce that we are now an 'Official Licensed Publisher' for Xbox. We are looking forward to a strong and long-term relationship with Microsoft. With the soon-to-be released titles 'World Racing 2', 'Knights of the Temple 2', 'Gene Troopers' and 'Xyanide', we believe we have a strong Xbox line-up for the third and fourth quarters of this year."
Xbox (http://www.xbox.com) is the video game system from Microsoft that brings people together for the most exhilarating game and entertainment experiences. Xbox delivers an expansive collection of breakthrough games, powerful hardware and the unified Xbox Live online service. The tagline "it's good to play together," captures the spirit of Xbox as the social hub of the new digital entertainment lifestyle. Xbox is now available for an estimated street price of £99.99/149.99.
Playlogic Entertainment, Inc. is an independent publisher of entertainment software for consoles, PCs, handhelds, mobile devices, and other digital media. Playlogic, established in early 2002, publishes game concepts across various genres. The company distributes its products worldwide through all available channels, online and offline.
Playlogic is listed on the OTC BB under the symbol "PLGC" and is headquartered in New York and Amsterdam.
Playlogic's portfolio includes games that are being developed by several teams at Playlogic Game Factory, Playlogic's in-house development studio based in Breda, The Netherlands, as well as games developed by a number of studios throughout the world. Currently, 13 games on 21 platforms are under development, including "World Racing 2," "Knights of the Temple 2," "Gene Troopers," "Xyanide," "Age of Pirates," and "State of Emergency 2" to be release in the third and fourth quarters.
Playlogic is always looking for additional, high-quality games and 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.
FOR MORE INFORMATION
Playlogic International N.V.
Esther Berger, Corporate Communication & IR Manager
T: +31 20 676 03 04
M: +31 6 51 874 971
Playlogic Entertainment, Inc.
747 Third Avenue, 22 Floor
New York NY 10017
For further information about Playlogic, the games she publishes and develops, artwork and press information, please visit our press section on www.playlogicgames.com.