Playlogic Announces Acquisition of "Simon the Sorcerer 4: Chaos Happens"

(New York, USA - Amsterdam, The Netherlands) October 15th, 2007 - Today, Publisher Playlogic Entertainment, Inc. (OTCBB: PLGC) announces it has acquired the adventure game "Simon the Sorcerer 4: Chaos Happens" from RTL Enterprises. The fourth tale of the young sorcerer is planned for release worldwide on PC in Q1 of 2008. Excluded from the agreement are Germany, Switzerland, Austria, Czech Republic, Slovakia, Poland and the Commonwealth of Independent States (CIS).

"Simon the Sorcerer 4: Chaos Happens" is set some years after his last adventure in the magic World. During a fight over the TV remote with his younger brother, Simon is knocked unconscious. In the dream that follows he has a vision of Alix, his lady-friend from the Magic World. She tells him a "Simon" doppelganger is causing all kinds of trouble in her world. After Simon wakes up he doesn't know what to make of it. Was it just a dream or is there more? He wastes no time at all and fires up his magic wardrobe to get to the bottom of it.

In "Simon the Sorcerer 4: Chaos Happens" players take control of the witty sorcerer during his new quest in the Magic World. In this point and click adventure the story unravels when Simon travels around and interacts with dozens of characters, solves puzzles and brings order to the chaos his double has caused.

Stefan Layer, VP of Marketing and Sales of Playlogic: "Simon is a great addition to our line up. When Simon 4 was released in Germany earlier this year it got a lot of positive reviews. Simon has been known as a fun and engaging franchise for over a decade now. The series always had a big fan base, so I have no doubt the game will perform very well."

Dominique Morel, CTO of Playlogic: "The 4th installment of Simon the Sorcerer is a state-of-the-art point n' click adventure game. It is sharp and balanced with bright graphics. It is clear the developers worked hard on getting the right 'fun factor'. Simon is full of challenging puzzles and great humor. All fans of wizardry based stories will absolutely love to play Simon all along his new, funny and immersive adventure."

Birgit Hoentsch, CEO of RTL Enterprises: "We are very happy to work together with such an experienced publishing partner as Playlogic to make all the hours of thrilling, humorous and enjoyable fun available for fans of adventure games worldwide. Simon the Sorcerer 4 has already been a great success in Germany and now players from all over the world will be fascinated of the product as well!"

Features:

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 "Officers" and "Age of Pirates: Captain Blood" 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. 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.

FOR MORE INFORMATION

Playlogic Entertainment, Inc.

Loana Leatomu, Corporate PR & IR Office

T: +31 20 676 03 04

F: +31 20 673 13 14

E: lleatomu@playlogicint.com

For further information about Playlogic, please visit the Corporate Center at www.playlogicgames.com