ALOG Asianlogic

    RNS Number : 5205X
  AsianLogic Limited
  25 June 2008
   



    AsianLogic Limited
    ("AsianLogic" or the "Company")

    AsianLogic Signs Strategic Agreement with 
    Leisure Resorts & World Corp.

    AsianLogic Limited (AIM: ALOG), the Asia-Pacific online and land-based gaming company, announces that it has signed a strategic
agreement with Leisure Resorts & World Corp. ("LRWC"), the Philippines based leisure and gaming operator, whereby both companies will form a
new company ("Newco") that will develop and operate a land-based sportsbook operation. 

    A further announcement providing additional details of both the agreement and the formation of the Newco will be issued after the
Company's AGM on Friday 27 June 2008. 

    - ends -

    For further information contact:

    Tom Hall, Executive Vice Chairman
    AsianLogic                                      
    C/O Bell Pottinger Corporate & Financial                         +44 207861 3232

    Tim Mickley
    Collins Stewart                                                                  +44 207 523 8350

    David Rydell/Chris Hamilton/Helen Tarbet
    Bell Pottinger Corporate & Financial                                 +44 207 861 3232
                                              

    NOTES TO EDITORS

    AsianLogic
    AsianLogic www.asianlogic.com is a leading online and land-based gaming company focusing on the Asia-Pacific markets.  The Company
operates eight online casino brands and four online poker rooms as well as land-based sportsbook operations through its MegaSportsWorld
brand.  It is a specialist in Asia-specific games such as Mahjong, Cho-Da-Di, Do-Di-Zhu and 13 Card Poker. The company owns and operates The
Asian Poker Tour www.asianpt.com 

    The Company also maintains a corporate advisory team specialising in the gaming sector which is an active investor in gaming-related
businesses as well as providing consultancy and analytical services.  AsianLogic enjoys strong commercial relationships with leading gaming
providers including Playtech and LVS.  Founded as ESL in 2002, AsianLogic employs more than 300 employees, the majority of whom are based in
the Philippines.


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