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8 November 2005

Calhoun joins Playlogic’s board as non-executive director

Stevens executive-in-residence has experience in high-tech wireless

HOBOKEN , N.J. — Playlogic Entertainment, Inc. has announced that Dr. George M. Calhoun joined the company as non-executive Director, effective Nov. 1, 2005 . Calhoun, 53, is Executive-in-Residence of Stevens Institute of Technology in Hoboken , N.J. , and has spent more than 25 years in the high-tech segment of the wireless communications industry. Calhoun will serve as the third non-executive director on the Board of Playlogic Entertainment, Inc., in addition to Chairman Willy Simon and Erik van Emden. Executive board member is CEO/President Willem M. Smit.

Since 1983, Calhoun has served as Officer and/or Director of several public companies, most recently at Illinois Superconductor Corporation as CEO and Chairman of the Board from 1999 to 2002, and at Airnet Communications, where he has been a Board Member since 2001 and Chairman of the Board since 2003. He is also Chairman of the Audit Committee for Airnet. Calhoun holds a Ph.D from the Wharton School at the University of Pennsylvania and is a visiting professor at the Leiden University School of Management in the Netherlands .

In addition, he has been active in supervising the Sarbanes/Oxley compliance process at Airnet and Illinois Superconductor Corporation. Calhoun was also involved in the successful re-listing of ISCO.OB, an Over The Counter Bulletin Board company, to the American Stock Exchange.

Willy Simon, Playlogic’s Chairman, said, “We are proud to have George Calhoun on the Board as he adds rich and valuable business experience to the board. George has an impressive track record with public companies listed on NASDAQ. George has broad international business experience and strong knowledge of fundraising and corporate governance.”

About Playlogic

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.

About Stevens Institute of Technology

Founded in 1870 and celebrating 140 Years of Innovation, Stevens Institute of Technology, The Innovation University, is one of the leading technological universities in the world dedicated to learning and research. Through its broad-based curricula, nurturing of creative inventiveness, and cross disciplinary research, the Institute is at the forefront of global challenges in engineering, science, and technology management. Partnerships and collaboration between, and among, business, industry, government and other universities contribute to the enriched environment of the Institute. A new model for technology commercialization in academe, known as Technogenesis®, involves external partners in launching business enterprises to create broad opportunities and shared value.

Stevens offers baccalaureates, master’s and doctoral degrees in engineering, science, computer science and management, in addition to a baccalaureate degree in the humanities and liberal arts, and in business and technology. The university has a total enrollment of 2,234 undergraduate and 3,700 graduate students with more than 400 faculty. Stevens’ graduate programs have attracted international participation from China, India, Southeast Asia, Europe and Latin America. Additional information may be obtained from its web page at www.stevens.edu.

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Contact: Stephanie Mannino, +1-201-216-5602, Stephanie.Mannino@stevens.edu
Stevens Institute of Technology, Castle Point on Hudson, Hoboken NJ 07030-5991 USA +1.201.216.5000