Playlogic Entertainment Announces iPhone(TM) and iPod(R) touch Development Plans
June 09 2009 - 5:00AM
Marketwired
Playlogic Entertainment, Inc. (OTCBB: PLGC), an independent
publisher of entertainment software, announced today that it has
secured worldwide rights to publish for the Apple� iPhone(TM) and
iPod� touch. This news follows the hiring of several staff to the
Playlogic management team as well as the announcement of key
partnerships with videogame veteran agencies Reverb Communications
and U & I Entertainment.
"We plan to fully support Apple with a wide selection of new IP
as well as our existing back catalogue of games," said Rogier W.
Smit, executive vice president of Playlogic Entertainment. "Over
the past year it has become apparent that the iPhone has moved from
being just a mobile platform to becoming another console in the
mix. This announcement provides additional insight into Playlogic's
aggressive roadmap for 2009, with a strong line-up on Xbox 360,
PlayStation 3 and Wii and now also focusing on the iPhone
platform."
"Our business is based on building great games. Adding another
platform to the mix like the iPhone or iPod touch provides great
revenue possibilities for Playlogic, and provides us with new
customers to experience our games," added Smit.
Playlogic's newly announced App Store program will be managed by
Reverb Communications which currently represents a number of highly
successful iPhone publishers and developers including Publisher X
and Pangea Software. Pangea is best known for their award-winning
App Store titles Cro-Mag Rally and Enigmo which were recently named
as two of the Top 20 all time best-selling paid Apple
applications.
For more information about Playlogic Entertainment or its
products, please visit www.playlogicgames.com.
About Playlogic:
Playlogic Entertainment, Inc. is an independent worldwide
publisher of entertainment software for consoles, PCs, handhelds,
mobile devices, and other digital media. Playlogic distributes its
products through all available channels, online and offline.
Playlogic, who currently has approximately 110 employees, is listed
on Nasdaq OTC under the symbol "PLGC.OB" and is headquartered in
New York, USA and Amsterdam, the Netherlands. Its in-house game
development studio "Playlogic Game Factory" is based in Breda (the
Netherlands).
Playlogic's portfolio includes games that are being developed by
several teams at the Playlogic Game Factory, 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 (SCEE).
Playlogic publishes quality games, working with leading
technology to produce digital entertainment from concept to
finished product. Playlogic plans to publish 12 titles, on several
platforms, during 2009.
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.
European Media Contact: Playlogic International Rick van Beem PR
Manager +31 20 676 03 04 Rvanbeem@playlogicint.com US Media
Contact: Reverb Communications, Inc. Brandon Price PR Manager
209.586.1495 x113 Brandon@reverbinc.com
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