UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
____________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported) March 16, 2006
PLAYLOGIC ENTERTAINMENT, INC.
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(Name of Small Business Issuer as specified in its charter)
Delaware 0-49649 23-3083371
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(State or other jurisdiction of incorporation (Commission File (I.R.S. Employer Identification
or organization) Number) Number)
Concertgebouwplein 13, 1071 ll Amsterdam, The Netherlands
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(Address of principal executive offices and zip code)
Registrant's telephone number, including area code:
(011) 31-20-676-0304
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 8.01. Other Events.
On March 16, 2006, Playlogic Entertainment, Inc. (the "Company") issued a
press release announcing that its in-house studio, Playlogic Game Factory,
signed a first-party development agreement with Sony Computer Entertainment
Europe Limited.
A copy of the Company's press release is being furnished herewith as Exhibit
99.1
99.1 Press Release of Playlogic Entertainment, Inc. dated March 16, 2006.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereto duly authorized.
PLAYLOGIC ENTERTAINMENT, INC.
By: /s/ Willem M. Smit
Name: Willem M. Smit
Title: President and Chief executive Officer
Date: March 16, 2006
Exhibit 99.1
Source: Playlogic Entertainment, Inc.
PRESS RELEASE
SONY AND PLAYLOGIC SIGN DEVELOPMENT AGREEMENT
Amsterdam, March 16, 2006 - Playlogic Entertainment, Inc. today announced that
its in-house studio, Playlogic Game Factory, signed a first-party development
agreement with Sony Computer Entertainment Europe Limited (SCEE).
Playlogic Game Factory, based in Breda, the Netherlands, is a fully owned
subsidiary of publisher Playlogic Entertainment, Inc. One of the two in-house
teams will develop an undisclosed project.
Rogier Smit, Executive VP of Playlogic, said, "Working together with SCEE is a
fantastic opportunity for Playlogic. SCEE's decision to work with us clearly
shows how our internal studio has matured and is ready to deliver AAA content."
About Playlogic: Playlogic Game Factory B.V. is a full subsidiary of Playlogic
Entertainment, Inc. 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, who currently has approximately 75 employees, is listed on the OTC BB
under the symbol "PLGC" and is headquartered in New York, Amsterdam and Breda
(The Netherlands).
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, as well as games developed by a number of studios throughout the world.
Currently, 11 games on 16 platforms are under development, including "Age of
Pirates: Caribbean Tales", "Age of Pirates: Captain Blood", "Ancient Wars:
Sparta", "Xyanide Resurrection", "Diabolique - License to Sin" and "PRISM -
Threat: Level Red", which will be published this year. World Racing 2, Knights
of the Temple 2 and Gene Troopers haven been released recently throughout
Europe.
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 Entertainment, Inc.
Esther Berger, Corporate Communication & IR Manager
T: +31 20 676 03 04
M: +31 6 51 874 971
E: eberger@playlogicint.com
For further information about Playlogic, the games it publishes and develops,
artwork and press information, please visit our press section at
www.playlogicgames.com