CryptoLogic Inc.
TSX : CRY
LSE : CRP
NASDAQ : CRYP

CryptoLogic Inc.

January 11, 2007 06:00 ET

New CryptoLogic Casino Games are Frightfully Innovative

Latest casino games introduce Elektra, Ghost Rider and new Frightmare series to award-winning line-up

TORONTO, ONTARIO--(CCNMatthews - Jan. 11, 2007) - CryptoLogic Inc. (TSX:CRY)(NASDAQ:CRYP)(LSE:CRP), a leading software developer to the global Internet gaming industry, has developed 16 innovative new games that continue to deliver unlimited action, stunning animation and incredible jackpots - but this time with a frightening edge. Vampires, witches and warlocks will challenge Internet players as CryptoLogic's casino Bonus Pack 10, offered through its WagerLogic Limited subsidiary, introduces hair-raising Frightmare Jackpot Slots, and the latest slots based on Marvel Super Heroes, including Elektra, Ghost Rider and Iron Man. The game pack also includes the first-ever slot version of Cubis®, the enormously popular casual game.

"CryptoLogic's strength lies in developing and delivering unique, innovative games that today's sophisticated Internet players want and that online casino operators need in an increasingly competitive market," said Lewis Rose, CryptoLogic's President and CEO.

Justin Thouin, CryptoLogic's Vice President of Casino Software Development, noted, "Players want more choice, more excitement - and more chances to win. Our dynamic new lineup of games offers innovative bonus rounds, powerful graphics and multi-level slots that will keep players spellbound and keep our licensees' ahead of the competition."

The spine-tingling Frightmare Jackpot Slot series combines the excitement and variety of jackpot and bonus slots with the fright of classic horror storylines. Players can battle armies of the undead with Zone of the Zombies, witness warlocks cast spells with Witches and Warlocks and hunt vampires in Vampire Bats. With up to 25 lines of play and bets starting at a penny, these are thrilling games that must be played with the lights on!

Fans of the popular Marvel Super Heroes can enjoy more online gaming action with the addition of Elektra, Ghost Rider and Iron Man slots. Like CryptoLogic's other exciting Marvel slots, including the Hulk, Thor, X-Men, Blade, Punisher, Daredevil, and Silver Surfer, the new roster offers innovative bonus rounds. Players can bet on Iron Man as he uses his powers to smash skyscraper windows to unlock hidden bonus amounts, or back Ghost Rider as he drives through a spooky scrap yard freeing trapped innocents from cars with his trusty Chain Whip, or wager on Elektra as she faces off against an army of enemy ninjas in a dark alleyway.

Building on the huge popularity of Bejeweled, CryptoLogic has introduced the first-ever online slot version of Cubis® - a game that is consistently ranked as one of the top 10 games played on major portals such as Yahoo!, AOL and MSN. Featuring a three-dimensional board, intense graphics, a variety of game backgrounds, hidden secrets and jackpots up to 50,000 coins, Cubis is quickly becoming a player favourite.

The game pack also incorporates a variety of 25-line slot titles including: Silver Star, Thai Surprise, Time Machine, Caesars Salad, Thunder from Down Under and Mystique Club. Plus, CryptoLogic has unveiled new 50 and 100-hand variations of cutting-edge Bonus Video Poker games, including Tens or Better, Jacks or Better, Deuces Wild, All American, Double Bonus, Super Jackpots, and Joker Poker, which includes a paytable that offers the highest returns for this game anywhere online!

Players can enjoy all the new games today at these WagerLogic licensees: intercasino.com, williamhillcasino.com, and littlewoodscasino.com.

"Our licensees rely on new games to keep their Internet casinos fresh and exciting," added A.J. Slivinski, WagerLogic's Managing Director. "This latest suite offers something for every online player."

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).

MARVEL, and all related character names and the distinctive likenesses thereof are trademarks of Marvel Characters, Inc., and are used with permission. Copyright (C) 2006 Marvel Characters, Inc. All rights reserved. www.marvel.com. Super Heroes is a co-owned registered trademark.

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.

Contact Information

  • CryptoLogic
    Rick Wadsworth
    Director of Communications
    (416) 545-1455
    www.cryptologic.com
    or
    Argyle Rowland Communications
    Karen Passmore
    (North American media)
    (416) 968-7311, ext. 228
    kpassmore@argylerowland.com
    or
    Argyle Rowland Communications
    Daniel Tisch
    (North American media)
    (416) 968-7311, ext. 223
    dtisch@argylerowland.com
    or
    Corfin Communications
    Ben Hunt
    (UK media only)
    +44 207 929 8985
    or
    Corfin Communications
    Neil Thapar
    (UK media only)
    +44 207 929 8999
    or
    Corfin Communications
    Harry Chathli
    (UK media only)
    +44 207 979 8980