CryptoLogic Inc.
13 December 2006
FOR IMMEDIATE RELEASE
Symbol: TSX: CRY; NASDAQ: CRYP; LSE: CRP
CryptoLogic signs 3-year contract with new UK poker club
E-gaming software developer wins exclusive contract with DTDPoker.com,
the online home of DUSKTILLDAWN - soon to be the largest live poker venue in
Europe
December 13, 2006 (London, UK) - CryptoLogic Inc., a leading software developer
to the global Internet gaming industry, has announced an exclusive 3-year
contract to be the software provider for www.DTDPoker.com, the online home of
the new UK-based poker club, DUSKTILLDAWN. CryptoLogic's proven poker software
launched the new site today.
DUSKTILLDAWN has generated considerable buzz and once its doors open in
Nottingham in April 2007, it will be the largest live poker venue in Europe. The
company has also applied to be the first fully-licensed dedicated poker facility
in the UK.
'With DUSKTILLDAWN, CryptoLogic adds a dynamic brand to its growing list of
poker customers,' said Lewis Rose, CryptoLogic's President and CEO. 'This
agreement reinforces CryptoLogic's focus on Europe - and our commitment to
maintaining our global leadership in Internet poker. It's about giving players a
superior poker experience - from 'dusk till dawn', around the clock and around
the world.'
Licensed through subsidiary WagerLogic Limited, the CryptoLogic-developed
software will give DTDPoker.com players access to the world's largest shared
poker network that excludes the U.S. This means that players will always find
the game they want, in the currency they want, at the stake and level they want
- anytime. The company's new games include Hold'Em BlackjackTM, created
exclusively for CryptoLogic licensees, which combines the intensity of poker
with the simplicity of blackjack. CryptoLogic has also designed a new tournament
leader board, giving Internet poker sites new opportunities to create exciting
events, and giving players new opportunities to win.
'We had a number of offers from other online poker software providers but as
poker players we knew that CryptoLogic's poker network is the biggest and best
in Europe, has significant capacity to grow, and is highly secure,' said Rob
Yong, DUSKTILLDAWN's Managing Director. 'DUSKTILLDAWN will be as exciting online
as it is on land - and we trust CryptoLogic to help us deliver a constant flow
of features and innovations for players of all levels.'
DTDPoker.com joins the company's other poker licensees, including
williamhillpoker.com, interpoker.com, sunpoker.com, pokerplex.com,
classicpoker.com, ukbettingpoker.co.uk, littlewoodspoker.com, and soon-to-be
launched Playboy and Betsafe sites.
'CryptoLogic's integrity and innovation are the keys to success,' said AJ
Slivinski, Managing Director of WagerLogic. 'The recent additions to our
licensee base and our line-up of games and tournament options strengthen our
reputation as we build Europe's #1 Internet poker network.'
About CryptoLogic(R) (www.cryptologic.com)
Focused on integrity and innovation, CryptoLogic Inc. is a world-leading,
blue-chip public developer and supplier of Internet gaming software.
CryptoLogic's leadership in regulatory compliance makes it one of the very few
companies with gaming software that is certified to strict standards similar to
land-based gaming. WagerLogic Limited, a wholly-owned subsidiary of CryptoLogic,
is responsible for the licensing of the company's gaming software and services
to a blue-chip customer base around the world. For information on WagerLogic(R),
visit www.wagerlogic.com.
CryptoLogic's common shares trade on the Toronto Stock Exchange (symbol: CRY),
on the NASDAQ Global Select Market (symbol: CRYP), and on the Main Market of the
London Stock Exchange (symbol: CRP).
About DTDPoker.com and DUSKTILLDAWN
DTDPoker.com is the online poker room of DUSKTILLDAWN, which will be the largest
live poker venue in Europe, capable of seating up to 500 poker players with
hospitality facilities to satisfy the growing poker entourage that follow these
prestigious events. Some of Europe's highest profile professional poker players
are heavily involved in the project, to ensure that the 'playing experience' is
second to none. DUSKTILLDAWN will take poker outside of the traditional casino
environment and bring the fastest growing past time in Europe, poker, to a wider
audience. Situated 10km from the airport and 5km from the motorway, the club can
provide up to 750 car parking spaces, restaurant, bar, internet cafe and TV
facilities. Throughout the process, DUSKTILLDAWN has worked very closely with
the UK Gambling Commission to ensure that the venue is fully compliant with UK
gaming law.
For more information, please contact:
CryptoLogic, (416) 545-1455
Rick Wadsworth, Director of Communications
Argyle Rowland Communications,(416) 968-7311
(North American media)
Karen Passmore,ext. 228/kpassmore@argylerowland.com
Daniel Tisch,ext.223/dtisch@argylerowland.com
Corfin Communications
(UK media only)
Neil Thapar,+44 207 929 8999
Harry Chathli,+44 207 979 8980
CRYPTOLOGIC FORWARD LOOKING STATEMENT DISCLAIMER:
Statements in this press release which are not historical are forward-looking
statements made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Investors are cautioned that all forward-looking
statements involve risks and uncertainties including, without limitation, risks
associated with the Company's financial condition and prospects, legal risks
associated with Internet gaming and risks of governmental legislation and
regulation, risks associated with market acceptance and technological changes,
risks associated with dependence on licensees and key licensees, risks relating
to international operations, risks associated with competition and other risks
detailed in the Company's filings with securities regulatory authorities. These
risks may cause results to differ materially from those projected in the
forward-looking statements.
This information is provided by RNS
The company news service from the London Stock Exchange