PLAYLOGIC AND IGNITION SIGN PUBLISHING AND DISTRIBUTION AGREEMENT
*Playlogic and Ignition Sign Publishing and Distribution Agreement for
North America *
*Xyanide Resurrection (PS2) and Obscure: The Aftermath (PC, PS2, Wii) to
be released in North America early 2008 *
(Amsterdam, The Netherlands) September 25, 2007 *Playlogic
Entertainment, Inc. New York City, USA (OTCBB: PLGC), *announced today
that it has signed a publishing and distribution agreement with Ignition
Entertainment Ltd for the North American market. The titles covered by
this agreement are Xyanide: Resurrection for PS2, and Obscure: The
Aftermath for PC, PS2 and Wii.
Playlogics International Sales Director, Pierre Thiercelin comments,
We are excited to enter into this partnership with Ignition and we are
confident in their ability to successfully bring these titles to market.
We very much look forward to working with Playlogic and bringing their
titles to the American market place, states Ajay Chadha, President,
Ignition USA. We feel that each game will be well received by fans of
their respective genres.
*Obscure: The Aftermath* (PC, PS2, Wii) takes place two years after the
gruesome events of the first game. The survivors have gone on to college
and try to return to their normal lives. After the discovery of a
beautiful but strange plant on school campus, events take a turn for the
worse. Soon, the college students have to battle for survival once again.
*Players of Obscure: The Aftermath *can choose between six playable
characters, each with unique abilities. In single player mode, the
player controls his main character supported by an artificial
intelligence controlled sidekick. Due to the games unique co-op
feature, friends can join the action at any time, taking control of the
second character to team up and attempt surviving Obscure: The Aftermath
together. There are many available weapons to keep the monsters that
hunt you at bay.
*Xyanide Resurrection* is an action packed classic 3-d Shootem up game.
The player takes on the role of Drake, a government executioner from the
planet Mardar. His mission is to capture the escaped evil witch Aguira
and bring her back to the judge. Aguira uses the mythical power of
Xyanide to transform worlds and create creatures and obstacles to keep
Drake from catching her.
*The technology used for Xyanide Resurrection* has never been seen
before on the PS2. High quality interactive video backdrops are
seamlessly, integrated with the real-time game scenery to deliver
breathtaking graphics and effects. This game has been created at the
Playlogic in house studio, the Playlogic Game Factory in Breda, The
*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 the OTCBB 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 300 people of external
development staff. Currently, 10 games on 12 platforms are in the works
including Obscure II, 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 and Gene Troopers.
Playlogic publishes quality games, working with leading technology to
produce digital entertainment from concept to finished product.
*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 website located at www.sec.gov
information available to Playlogic on the date of this release, and
Playlogic assumes no obligation to update such statements.
*_About I_**_GNITION ENTERTAINMENT LIMITED_*
Ignition Entertainment Limited is a privately owned software developer
and publisher. Ignition was created by a core team of gaming industry
veterans with the purpose of building upon their successful track record
within the international games industry, and to bring a fresh new
approach to both the development and distribution of original gaming
product. You can find more information about IGNITION ENTERTAINMENT
LIMITED at http://www.ignitionent.com
*About UTV Software.*
UTV Software Communications Ltd. is Indias foremost Media &
Entertainment Company with leadership position in four verticals that
includes Motion Pictures, Broadcasting, TV Content and New Media (i.e.
Animation and Gaming). Listed on the Mumbai Stock Exchange. Walt Disney
Inc holds a strategic stake in UTV. It has subsidiaries with offices
across India, the UK and USA.
UTV Motion Pictures pioneered the Studio Model in India with operations
encompassing Production, Marketing, Distribution and International
Co-Productions. Strategic relationships with 20th Century Fox, Walt
Disney and Sony Pictures, along with Will Smiths Overbrook, have
positioned UTV as the only South Asian Company in the International
Movie Space. Recent releases include Mira Nairs The Namesake and
under-Production M. Night Shyamalans The Happening. Its Indian slate
includes the BAFTA nominated Rang De Basanti with a slate of over 12
movies on the floor, along with its International Co-Productions makes
it the largest Movie Studio in South Asia.
In New Media, UTV has one of the largest 3D Animated facilities located
in Mumbai and after it acquiring controlling stakes in two Gaming
Companies i.e. India Games (Indias largest Mobile Gaming company) and
Ignition UK (Console Gaming), along with it having under production
three of the largest animation movies to come out of India in the next 2
years, it has carved a space as the premier New Media Company in South Asia.
In Television Content, a business with which UTV was founded, the
company produces and markets over 20hrs of television programmes a week
in multiple languages.
In Broadcasting, after its roaring success of its Kids Channel Hungama
TV to the Number 1 position in 18 months, UTV launches a bouquet of
Channels including India's first Youth Entertainment Brand and related
channels called "Bindass", a World Cinema Channel entitled "Olive" and a
slue of other Channels to be announced soon. UTV will also create its
own Distribution Bouquet for its channels.
More information on the group is available at www.utvnet.com
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