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Playwize Plc
Playwize Plc is quoted on the London Aim Market (PLW) and was
formerly know as Bits Corp Plc. Playwize is one of the UK's leading video
game developers, having developed games for XBOX, PS2 and Nintendo Gamecube
such as Constantine, Rogue ops, Warlocked, Die hard Vendetta, Payout Poker
and Casino.
Playwize
Plc Share Price
Playwize remains at the forefront of digital entertainment. Playwize plc
is now bringing this technology to the field of online gaming. With Pokerwize,
the company's first new offering, players will experience a revolutionary new
way to enjoy the game, including real-time voice chat, full statistics
calculator, and an in-depth 3-D tutorial with TV and poker celebrity Helen
Chamberlain. Playwize has teamed up with The Palace Group and Microgaming
and is part of the Prima poker network. The companay intends to launch a portfolio
of real money games.
Playwize Plc Company News
21st December
2007. Announced Interim results to 30th September 2007, Turnover: £15,000
(2006 £46,000, Pre-tax losses: £657,000 (2006 £915,000,Signing of
agreement with Ladbrokes for licensing of technology. Board has
decided, to place the subsidiary, Bits Studios Ltd into
Creditors Voluntary Liquidation
15th November 2007
Announced that the Ladbrokes 3-D Poker room will go live this week,
powered by Playwize's exclusive technology, including realtime statistical
calculators, interactive tutorial and live voice chat.
28th September 2007
Announced results
for the twelve months to 31 March 2007. Turnover
£71,000 (2006 £78,000), Loss before tax £1,962,000 (2006 Loss £1,841,000),
Earnings per share loss of 3.3p (2006 loss of 4p), Dividend Nil (2006 Nil).
Playwize is vigorously pursuing a number of opportunities available to liscence
its online poker game to other online poker rooms.
17th September 2007
Announced that it has signed a development and licence agreement with Ladbrokes
International Ltd. Playwize will develop and licence to Ladbrokes an
exclusive version of its innovative online 3-D poker for use by players on the
Ladbrokes poker network.The two-year agreement provides for a contribution
towards development costs in the form of a development fee and ongoing licensing
fees under a revenue sharing arrangement with Ladbrokes
14th May 2007
Playwize announced an increase of share capital and raising
of additional capital to fund new licencing arrangements, the company intends to
pursue new licensing arrangements with various online poker rooms to licence the
company's poker technology. Under the proposed licenses, a licensee will
pay a fee and ongoing license fee based on player revenues. Authority is being
sought to raise additional capital to fund development
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