CryptoLogic Develops First Multi-Language Internet Poker Offering for William Hill.TORONTO -- Internet poker growth, strong customer relationship extend European reach for CryptoLogic cryp·tol·o·gy n. The study of cryptanalysis or cryptography. cryp  to·log software CryptoLogic Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :CRY)(NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CRYP CRYP Cheyenne River Youth Project (Eagle Butte, SD) )(LSE LSE - Language Sensitive Editor :CRP C-reactive protein (CRP) A protein present in blood serum in various abnormal states, like inflammation. Mentioned in: Pelvic Inflammatory Disease CRP, n.pr See C-reactive protein. ), a leading software developer for the global Internet gaming industry, has launched a new Greek-language Internet poker site for William Hill Poker under exclusive license from WagerLogic Limited, CryptoLogic's wholly-owned subsidiary. William Hill, one of the world's most trusted gaming brands and the largest sports bookmaker in the UK, is extending the global reach of its highly successful online poker service to the Greek speaking population worldwide. "William Hill's Greek-language launch points to the global potential of Internet poker, and that CryptoLogic software enables leading gaming brands to localize lo·cal·ize v. lo·cal·ized, lo·cal·iz·ing, lo·cal·iz·es v.tr. 1. To make local: decentralize and localize political authority. 2. their online offerings for worldwide appeal," said Lewis Rose, CryptoLogic's President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "CryptoLogic's decade of experience in delivering multi-language, multi-currency software has long been a strategic advantage in the Internet casino market, and it's exciting to bring the same strategy for success to the world of Internet poker." William Hill's new site (www.williamhillpoker.gr) is the first deployment of CryptoLogic-developed online poker software in a European language. This offering gives Greek-speaking gamers the ease of playing in their local language and convenient deposits and withdrawals in multi-currencies, with access to multi-currency tables (in Euros, US dollars and UK sterling). As part of the WagerLogic licensee central room, which attracts more than 7,500 poker players online simultaneously from around the globe, William Hill players enjoy the games they want, when they want, at the speed they want, and in a choice of languages and currencies. "Whether it's playing for fun, playing for pennies or playing for high stakes, Internet poker is one of the fastest-growing games in Europe," said Peter Nolan, Group Director of Interactive Business at William Hill. "One of the key benefits of our long relationship using CryptoLogic software is the flexibility with which we can take the fun and excitement of William Hill Poker to new people and new places." "Europe is one of the most promising Internet gaming markets," said A.J. Slivinski, WagerLogic's Managing Director. "We're delighted to enable William Hill to be one of the first to offer a world-class multi-currency poker room in the Greek language - and look forward to seeing excellent results." About CryptoLogic(R) (www.cryptologic.com) Focused on integrity and innovation, CryptoLogic Inc. is a world leading, blue-chip public developer and suppler 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 an internationally-recognized blue chip customer base worldwide. For information on WagerLogic(R), visit www.wagerlogic.com. CryptoLogic's common shares trade on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. (symbol: CRY), on the NASDAQ National Market (symbol: CRYP), and on the Main Market of the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. (symbol: CRP). 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 The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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. CryptoLogic Inc. (TSX:CRY) (NASDAQ:CRYP) (LSE:CRP) |
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