CryptoLogic Inc. (TSX: CRY)(NASDAQ: CRYP)(LSE: CRP), 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 Blackjack™, 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® (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®, 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.
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.
Contacts: CryptoLogic Rick Wadsworth Director of Communications (416) 545-1455 (416) 545-1454 (FAX) www.cryptologic.com
Argyle Rowland Communications Karen Passmore (North American media) (416) 968-7311 ext. 228 kpassmore@argylerowland.com
Argyle Rowland Communications Daniel Tisch (North American media) (416) 968-7311 ext. 223 dtisch@argylerowland.com
Corfin Communications Neil Thapar (UK media only) +44 207 929 8999
Corfin Communications Harry Chathli (UK media only) +44 207 979 8980
SOURCE: CryptoLogic Inc.
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