Playlogic Entertainment, Inc. Holds Annual Shareholders Meeting

AMSTERDAM, Netherlands, May 28 /PRNewswire/ --

Today, Playlogic Entertainment, Inc. (OTC Bulletin Board: PLGC) an
independent worldwide publisher of entertainment software, held its annual
Meeting of Shareholders in Amsterdam. 63% of the shareholders were
represented. Topics of the meeting included; re-election of the board of
directors, a report of past year performance, current developments and
general outlook for the year 2008.

(Logo: http://www.newscom.com/cgi-bin/prnh/20071119/PLAYLOGICLOGO )

A full-year 2008 financial outlook was given during this meeting. In 2007
Playlogic released 7 games, for 2008 the company expects to release 15 games
(29 SKU's) on several platforms.

The financial outlook for 2008 net profit is US$3mio to US$5mio (US$0,07
to US$0,12 per share). Net profit per share for second quarter is expected to
be equal or higher than the profit of US$0,02 per share achieved in the first
quarter.

In 2008 Playlogic is shifting its focus more to console games though PC
titles will still be a substantial part of the Playlogic business.

In addition, during 2008 Playlogic plans to launch its new 2.0 website
which will include a shop for digital downloads and boxed products.

In the 2nd half of 2008 Playlogic is planning several road shows in the
U.S. and Europe, for which the dates will be announced.

ABOUT PLAYLOGIC:

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 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 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
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.

FOR MORE INFORMATION
    Playlogic International
    Robert A. Van Duivenbode
    T: +31-20-676-03-04
    M: +31-6-53-53-00-10
    E: rvanduivenbode@playlogicint.com

For further information about Playlogic, the games she publishes and
develops, artwork and press information, please visit our press section on
www.playlogicgames.com

Web site: http://www.playlogicgames.com