8th May 2008 07:01
Cryptologic Limited08 May 2008 FOR IMMEDIATE RELEASE Symbol: TSX: CRY & CXY; NASDAQ: CRYP; LSE: CRP CRYPTOLOGIC SECURES AGREEMENT WITH 888 HOLDINGS PLC May 8, 2008 (Dublin, IRELAND) - CryptoLogic Limited, a leading softwaredeveloper to the global Internet gaming market, through its wholly ownedsubsidiary WagerLogic, has announced a three-year licensing contract with 888Holdings PLC, one of the world's most popular online gaming companies. Under theagreement, 888 will select and integrate casino games from Cryptologic that bestcomplement 888's broad offering. "Today's announcement is consistent with CryptoLogic's strategy to partner withthe world's biggest and best gaming brands - as a way to offer the ultimateplayer experience," said Brian Hadfield, CryptoLogic's President and CEO. "888'sreputation, established player base and global marketing strength, paired withCryptoLogic's industry-leading games - it's a winning combination." 888.com is the world's number one online casino and poker room. 888 owns andoperates various world-renowned websites, including www.888.com,www.Casino-on-Net.com, www.pacificpoker.com, www.888ladies.com andwww.888sport.com. "This reaffirms 888's strategy of creating a game ecosystem, powered by anindustry-leading integration infrastructure, which enables 888 to introduce adiversified offering to existing and new players, worldwide," said Gigi Levy,CEO of 888. Boasting more than 200 games, CryptoLogic has one of the most comprehensivecasino suites on the Internet today. From popular casual games including Sudoku,Cubis, and Bejeweled to multi-bonus and multi-jackpot games featuring some ofthe word's most famous action and entertainment characters, CryptoLogic hasearned rave reviews from industry peers and players alike. In 2008, CryptoLogicearned Gambling Online Magazine's Top Casino Software award for the thirdconsecutive year. Based on the votes of players, it is widely considered theindustry's top honour. "For CryptoLogic, 888 is a natural fit," added Justin Thouin, CryptoLogic's VicePresident, Product Management and Business Development. "Together, we offer theworld's best online games through one of the world's largest Internet casinos." About CryptoLogic(R) (www.cryptologic.com) Focused on integrity and innovation, CryptoLogic Limited is a world-leading,blue-chip public developer and supplier of Internet gaming software. Itsleadership in regulatory compliance makes it one of the very few companies withgaming software that is certified to strict standards similar to land-basedgaming. WagerLogic(R) Limited, a wholly-owned subsidiary of CryptoLogic, isresponsible for the licensing of its gaming software and services to blue-chipcustomers who offer their games around the world to non-U.S. based players. Forinformation on WagerLogic, visit www.wagerlogic.com. CryptoLogic's common shares trade on the Toronto Stock Exchange (CRY, CXY), theNASDAQ Global Select Market (CRYP) and the Main Market of the London StockExchange (CRP). ### For more information, please contact: Argyle Communications, (416) 968-7311 (North American and gaming industry media) Daniel Tisch, ext 223 [email protected] Karen Passmore, ext 228 [email protected] Corfin Communications (UK media only) Neil Thapar, +44 207 977 0020 William Cullum, +44 207 977 0020 Harry Chathli, +44 207 977 0020 CRYPTOLOGIC FORWARD LOOKING STATEMENT DISCLAIMER: Statements in this press release, which are not historical are forward-lookingstatements made pursuant to the safe harbor provisions of the Private SecuritiesLitigation Reform Act of 1995. Investors are cautioned that all forward-lookingstatements involve risks and uncertainties including, without limitation, risksassociated with the Company's financial condition and prospects, legal risksassociated with Internet gaming and risks of governmental legislation andregulation, risks associated with market acceptance and technological changes,risks associated with dependence on licensees and key licensees, risks relatingto international operations, risks associated with competition and other risksdetailed in the Company's filings with securities regulatory authorities. Theserisks may cause results to differ materially from those projected in theforward-looking statements. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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