PLW Playwize

RNS Number:9261D
Playwize PLC
17 September 2007

                                                               17 SEPTEMBER 2007





                                PLAYWIZE PLC
                        ("Playwize" or the "Company")

                      DEVELOPMENT AND LICENCE AGREEMENT
                         WITH LADBROKES INTERNATIONAL


The Board of Playwize, the AIM quoted developer of software for the
entertainment industry, is pleased to announce that it has signed a development
and licence agreement with Ladbrokes International Ltd. ("Ladbrokes"), a wholly
owned subsidiary of Ladbrokes plc, a world-leading provider of interactive
betting and gaming services.


Pursuant to this agreement, 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.


Foo Katan, Chief Executive of Playwize said: "We are very excited about creating
a poker room for Ladbrokes that incorporates advanced 3-D technology with our
exclusive features including real-time statistical calculators, interactive
tutorial and live voice chat. The agreement represents the first step in the
Company's new strategy to develop and license its online 3-D poker technology to
third-party poker rooms; the Company anticipates that more similar agreements
will follow."


Colin Cole-Johnson, Director of Gaming at Ladbrokes, said: "The Playwize 3-D
software has an impressive interface that is supported by unique interactive
player development content, so we firmly believe this will broaden the appeal of
online poker. Importantly, the new 3-D platform is fully integrated with our
existing software so this will help us build liquidity".



                                    - Ends -



Enquiries:



Playwize plc                                        020 8282 7200
Foo Katan, Chief Executive
www.playwize.com


Hanson Westhouse Limited                            020 7601 6100
Bill Staple/Martin Davison



Notes to Editors


About Playwize Plc

Playwize Plc (formerly Bits Corp Plc) is a leading developer of software for the
entertainment industry.  Playwize, having been a developer of games for consoles
such as Xbox, PS2 and Nintendo GameCube, is now bringing this technology to the
field of online gaming. Games developed under the Playwize brand will change the
look of online gaming with realistic 3-D environments and other unique features.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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