Information  X 
Enter a valid email address

Cryptologic Ltd (CRP)

  Print      Mail a friend       Annual reports

Thursday 14 June, 2007

Cryptologic Ltd

LSE Listing

Cryptologic Limited
14 June 2007



FOR IMMEDIATE RELEASE

Symbol: TSX: CRY & CXY; NASDAQ: CRYP; LSE: CRP



                 CRYPTOLOGIC LIMITED RECEIVES LISTING APPROVAL

                           FOR LONDON STOCK EXCHANGE

 Listing approved on all exchanges; all Canadian shareholders retain one-to-one
                                 voting rights

June 14, 2007 (Dublin, IRELAND, and Toronto, CANADA) - CryptoLogic Limited, a
leading software developer to the global Internet gaming market, announced today
that it has been approved for its new listing on the London Stock Exchange
(LSE). The recently reorganized company trades on the LSE, NASDAQ and Toronto
Stock Exchange.


The listing approval relates to CryptoLogic's reorganization into a company
incorporated under the laws of Guernsey with a corporate headquarters in Dublin.
CryptoLogic shareholders approved the proposed arrangement at a special meeting
held in Toronto on May 24th. It has been confirmed that all shareholders of
CryptoLogic Limited and CryptoLogic Exchange Corporation will retain one-for-one
voting rights, regardless of where they reside.


More than 90 per cent of CryptoLogic's licensee revenue is generated from the
U.K. and continental Europe, widely known as the industry's most attractive
markets. CryptoLogic has long advocated the regulation of Internet gaming for
the protection of players and the credibility of the industry, and remains one
of the few providers whose software has passed the industry's most stringent
regulatory tests.


CryptoLogic's new European base brings the company closer to its core customer
base and their principal markets, and supports the company's global growth
strategy, including expansion into Asia.


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. Its
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 its gaming software and services to blue-chip
customers who offer their games around the world to non-U.S. based players. For
information on WagerLogic(R), visit www.wagerlogic.com.



CryptoLogic's common shares trade on the Toronto Stock Exchange (symbol: CRY),
the NASDAQ Global Select Market (symbol: CRYP), and the Main Market of the
London Stock Exchange (symbol: CRP). Shares of the CryptoLogic Exchange
Corporation) trade on the Toronto Stock Exchange (symbol: CXY).


For more information, please contact:
CryptoLogic, (416) 545-1455                       Argyle Communications,
                                                 (416) 968-7311
                                                 (North America & gaming
                                                  industry media)
Ken Wightman, Communications
                                                  Dan Tisch, ext.223/
                                              dtisch@argylecommunications.com
                                                 Karen Passmore, ext.229/
                                            kpassmore@argylecommunications.com
                                                 Corfin Communications
                                                 (UK media)
                                                 Ben Hunt, +44 207 929 8985
                                                 Neil Thapar, +44 207 929 8999
                                                 Harry Chathli  +44 207 9798980


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