Amsterdam, May 21st, 2008 - Today, Playlogic Entertainment, Inc. (Nasdaq OTC: PLGC.OB), an independent worldwide publisher of entertainment software, announces the arrival of Robert A. Van Duivenbode, who will join the company as Investor Relations and Corporate Public Relations Officer as of May 26, 2008.
Robert A. Van Duivenbode (42 years) worked at Van Der Moolen, a leading Euronext and NYSE trading company in Amsterdam for 19 years.
At Van Der Moolen Amsterdam, Robert A. Van Duivenbode was a senior trader for leading stocks such as Philips, ING and KPN.
From 2003 until 2007, Robert A. Van Duivenbode was Managing Director at Van Der Moolen’s Trading Department, responsible for over 20 employees at the Amsterdam Trading Floor.
“The world wide interactive entertainment business is extremely exciting and growing at an incredible pace” states Van Duivenbode. “I am very proud that I can be a part of this industry at Playlogic, who has already proven to be a successful publisher in this rapidly expanding market”.
Playlogic Entertainment, Inc. is an independent publisher of entertainment software for consoles, PCs, handhelds, mobile devices, and other digital media. Playlogic distributes its products worldwide through all available channels, online and offline. Playlogic, who currently has approximately 80 employees, is listed on the Nasdaq OTC 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 400 people of external development staff. The Playlogic Game Factory also develops first party titles for Sony Computer Entertainment Europe. Playlogic publishes quality games, working with leading technology to produce digital entertainment from concept to finished product. Playlogic plans to publish 20 titles during 2008.
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 forwardlooking 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.
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