AMSTERDAM, Netherlands and NEW YORK, August 13 /PRNewswire/ --

- Net Revenues increased to US$8.4 million (+83%)

    - Net Profit up US$1.5 million

    - Earnings per share up US$0.05

Playlogic Entertainment, Inc. (OTC Bulletin Board: PLGC) announced today
its results for the 1st half-year 2008, ended June 30.

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

Net Revenues

For the six months, ended June 30, net revenues increased to US$8.4
million compared with US$4.6 million in 2007, an increase of 83%.

For the second quarter of 2008 net revenues climbed to US$4.3 million, up
343%, compared with US$1.1 million in the second quarter of 2007.

The release of 7 titles, among which Obscure II (Wii), Dragon Hunters
(DS) and Simon the Sorcerer 4 (PC), 7 SKU's, in the 1st half-year of 2008,
compared with the release of 6 titles, 7 SKU's in the full-year 2007 was a
substantial contribution to this increase.

For the 2nd half of 2008 Playlogic expects to further release 6 titles on
8 SKU's.

Gross profit

Gross profit for the 1st half-year of 2008 increased to US$4.4 million
compared with US$2.7 million in the 1st half-year of 2007, an increase of
63%.

For the 2nd quarter of 2008 gross profit reached US$2.2 million compared
with US$0.3 million in the 2nd quarter of 2007, an increase of 633%.

Operating result

Operating result for the 1st half-year of 2008 turned from a US$0.7
million loss in 2007 into a profit of US$1.2 million in 2008, an increase of
US$1.9 million.

For the 2nd quarter of 2008 the operating result went up to a profit of
US$0.5 million compared with a loss of US$1.4 million over the same period in
2007, an increase of US$1.9 million.

Net Profit

Net profit for the 1st half-year of 2008 turned from a loss of
US$0.5 million in 2007 into a net profit of US$1.0 million in the 1st
half-year of 2008, an increase of US$1.5 million.

In the 2nd quarter Playlogic made a net profit of US$0.3 million compared
with a loss of US$1.2 million in the same period of 2007, an increase of
US$1.5 million.

EPS

Earnings per share turned from a loss of US$0.02 in 2007 into a profit of
US$0.03 in 2008 for the 1st six months.

For the 2nd quarter of 2008 earnings per share went up to US$0.01
compared with a loss of US$0.05 in the same period of 2007.

As previously announced, Playlogic placed US$10 million in equity and
loans in the first half-year of 2008 resulting in a weighted-average number
of shares of common stock outstanding of 40 million shares on June the 30th
2008.

These share placements took place to further strengthen Playlogic's
balance sheet.

Outlook 2nd half-year 2008

For the full-year 2008 Playlogic expects net revenues at least to double
compare to 2007.

Net profit per share in 2008 will be in a range between US$0.05 and
US$0.10.

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 80
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 20 titles, on several platforms, 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
    Corporate IR/PR Officer
    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