ALOG Asianlogic

    rRNS Number:3720N
AsianLogic Limited
06 February 2008





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

                     AsianLogic Secures Licensing Agreement

                         with PAGCOR and Bingo Bonanza


AsianLogic Limited (AIM: ALOG), the Asia-Pacific online and land-based gaming
company, announces that it has secured a licensing agreement with PAGCOR and
Bingo Bonanza that extends its presence into its core Asian Pacific market
place.

Gamebuilders Inc, a wholly owned subsidiary of AsianLogic, has agreed to license
bespoke online casino software to PAGCOR (Philippine Amusement and Gaming
Corporation). The agreement allows Philweb, the service provider to PAGCOR, to
operate the casino platform ultimately provided by Playtech, the international
designer, developer and licensor of software to the online and land-based gaming
industry. AsianLogic acts as a distributor/reseller for Playtech in the
Asia-Pacific region and as part of these activities it also assists with
business development, product customisation and localisation for Asian markets.

Additionally, Philweb has recently concluded an agreement with Bingo Bonanza
where Playtech software is to be released in Internet casino stations (ICS)
operated by Bingo Bonanza.  Bingo Bonanza is the leading bingo hall operator in
the Philippines with some 36 halls currently open and a further 4 to 6 bingo
halls and bingo boutiques forecast to open in 2008.

Under the terms of the agreement Gamebuilders Inc will provide hosting and a
range of support and marketing services to Philweb and Bingo Bonanza alongside
local software support. The software has been customised to PAGCOR's specific
requirements to enable it to provide the highest level of service to its
customer base.

Philweb is the sole provider of ecasino services to PAGCOR and operates 80
ecasino enabled internet outlets in the Philippines.

Commenting on the agreement, Tom Hall, AsianLogic's Executive Vice Chairman
said:

"Following our successful IPO this agreement is further evidence of our strategy
to grow our customer reach and appeal and reflects the strength of AsianLogic's
market leading presence in the Asia-Pacific region.  The agreement with Philweb
will provide additional opportunities to expand penetration of the AsianLogic
brand and products into one of the fastest growing markets for online and server
based gaming."

Dennis Valdes, president of Philweb said:

"Philweb are the leading interactive gaming supplier in the Philippines and we
are delighted to be able to offer world leading software to the Philippines
market in conjunction with Bingo Bonanza. The product extends the gaming
offering that both ourselves and Bingo Bonanza have and further cements
Philweb's position as a technical innovator in the Philippines.  The software
has been customized to our specific requirements so that we can provide the
highest level of service to PAGCOR."

                                    - ends -


For further information contact:

Tom Hall, Executive Vice Chairman
AsianLogic
c/o Bell Pottinger Corporate & Financial
+ 44 207 861 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 is a leading online and land-based gaming company focusing on the 
Asia-Pacific markets.  The Company owns and operates eight online casino brands
and two 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 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, 
ID Games and LVS.  Founded as ESL in 2002, AsianLogic employs over 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

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