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

CryptoLogic Inc.

June 07, 2007 06:01 ET

CryptoLogic's Latest Casino Game Offering a Smash!

The Hulk, Wolverine, Sudoku and Multi-Hand Video Blackjack included in e-gaming leader's spectacular new nine-game line up

TORONTO, ONTARIO--(Marketwire - June 7, 2007) - CryptoLogic Inc. (TSX:CRY)(TSX:CXY)(NASDAQ:CRYP)(LSE:CRP), a leading software developer to the global Internet gaming industry, today unveiled nine innovative new casino games, including real money adaptations of well-known games such as Sudoku and new titles featuring Wolverine, The Incredible Hulk and other world-renowned Marvel Super Heroes.

CryptoLogic's casino Bonus Pack 11, offered through its subsidiary, WagerLogic Limited, features games that deliver non-stop action and adventure, cutting-edge animation and graphics, and enticing jackpots to keep the Internet gamer both challenged and entertained.

"CryptoLogic understands that the key to Internet casino success is a steady stream of innovation - and that's what we're delivering today," said Javaid Aziz, CryptoLogic's President and CEO. "It's about giving players the games they want to play, and giving operators the names they know and trust. Once again, the CryptoLogic software development team has broken new ground."

For the first time ever, Cryptologic is offering a puzzle-style game in its Bonus Pack series. Sudoku, the logic game played by millions of people around the world every day, has been adapted for online slot players in an exciting, easy-to-play format. Also included in the game pack is Jewel Quest, the latest blockbuster title in the company's successful and unique "Casual Game" series, and Multi-Hand Video Blackjack, a Cryptologic-developed game that for the first time ever brings together Black Jack and Video Poker.

"Internet casino players not only want more chances to win, but also more interesting ways to win - and CryptoLogic aims to give them both," said Justin Thouin, CryptoLogic's Vice President of Casino. "CryptoLogic's latest Bonus Pack provides endless thrills and variety, with multi-level slots and creative bonus rounds, all in graphic-rich formats that promote playability and most of all, fun."

Fans of the Marvel Super Heroes series will enjoy seeing the legendary Wolverine make his Internet casino solo debut in an action-packed slot game. Also returning for a bigger adventure, with a bonus round that seems straight out of a Hollywood movie, is the Hulk - in a game called The Incredible Hulk - Ultimate Revenge. Captain America is also included in the Bonus Pack in a game that boasts one of the most graphically advanced interactive bonus rounds ever seen in an online slot game. All three Marvel Games have the Marvel Jackpot feature: three separate jackpots, beginning at Pounds Sterling 50 (Hero Jackpot), moving to the Pounds Sterling 500 (Super Hero Jackpot) and finally to the impressive Pounds Sterling 5,000 (Marvel Hero Jackpot).

CryptoLogic's new game, Multi-Hand Video Blackjack is a patent-pending game sure to capture the hearts of blackjack fans everywhere. Incorporating traditional blackjack rules such as blackjacks paying out 3:2 and dealers standing on 17, players will get the added excitement of playing five hands at a time against up to 50 dealer hands. With a single strong hand, you can beat the dealer up to 250 times in one round. The game pack also incorporates female-targeted 25-line slot titles including: Dino Delight, Quest of Kings and CryptoLogic's first 30-line slot title, Enchanted Beans.

"Variety is the spice of life - and of the world's best Internet casinos," added A.J. Slivinski, WagerLogic's Managing Director. "We are confident both players and licensees will enjoy these exciting additions to our market-leading suite of casino games."

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 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®, visit www.wagerlogic.com.

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

((i) expected availability on June 11, 2007)

About Marvel Entertainment, Inc.

With a library of over 5,000 characters, Marvel Entertainment, Inc. is one of the world's most prominent character-based entertainment companies. Marvel's operations are focused on utilizing its character franchises in licensing, entertainment, publishing and toys. Areas of emphasis include feature films, DVD/home video, consumer products, video games, action figures and role-playing toys, television and promotions. Rooted in the creative success of over sixty years of comic book publishing, Marvel's strategy is to leverage its character franchises in a growing array of opportunities around the world. More information about Marvel can be found at www.marvel.com.

MARVEL, and all related character names and the distinctive likenesses thereof are trademarks of Marvel Characters, Inc., and are used with permission. Copyright (C) 2007 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
    Ken Wightman
    Director of Communications
    (416) 545-1455
    (416) 545-1454 (FAX)
    www.cryptologic.com
    or
    Argyle Communications
    Karen Passmore
    (North American media)
    (416) 968-7311, ext. 228
    kpassmore@argylerowland.com
    or
    Argyle Communications
    Dan 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