CryptoLogic Inc.: US$414,000 Internet Jackpot Win Smashes World Record At Jackpot Mania Slot.Business Editors STROVOLOS, Cyprus--(BUSINESS WIRE)--Sept. 6, 2001 CryptoLogic Inc CryptoLogic Inc. is a Toronto-based online gambling software supplier, one of the four largest in the industry along with Microgaming, Playtech, and Real Time Gaming. CryptoLogic was founded by brothers Andrew and Mark Rivkin in 1995 from the basement of their parent's house. .(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) ) (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :CRY.) The world record for largest online progressive jackpot was broken this week when a Jackpot Mania slot was hit for US$414,119 at The Sands of the Caribbean(R) Online Casino, a WagerLogic licensee powered by CryptoLogic cryp·tol·o·gy n. The study of cryptanalysis or cryptography. cryp  to·log software. Progressive games offer fast-growing bonus jackpots that increase as more people play. "Unbelievable, I couldn't and still don't believe it!" said the winner whose online moniker (1) A name, title or alias. See alias. (2) A COM object that is used to create instances of other objects. Monikers save programmers time when coding various types of COM-based functions such as linking one document to another (OLE). See COM and OLE. is 'BOBO'. "I woke up my wife and we sat for almost 12 hours as the machine counted off at $600 per minute. People really do win on Internet casinos. Thank you 414,000 times!" Jackpot Mania (www.jackpotmania.com) links progressive jackpots from Internet casinos around the globe and is the world-leading provider of high-paying online games. JackpotMania.com runs real-time tallies displaying each growing jackpot as games are played simultaneously across these online casinos. It features six games, including Caribbean Poker, Triple Olives $0.25/$1.00 slots, Rags to Riches $1.00 slot and Super Jackpot $0.25/$1.00 video poker. The Sands (www.carsands.com) is one of 16 casinos connected by Jackpot Mania. Both Caribbean Poker and the $1.00 slot "Rags to Riches" offer US$100,000 default values. Caribbean Poker is currently worth over US$208,000. The win is just the latest high-stake jackpot awarded by Jackpot Mania. Recent large wins include prizes of US$235,000, US$138,000 and US$176,000 and remember thousands of dollars are won daily. Check out Jackpot Mania today, you could be the next big winner! "We are always excited to see one of our patrons win big and we are proud of the fact that we continually award the largest winnings in the online casino industry," says Gwen Salmon, Director of Finance for The Sands. "Our players recognize that our games are fair, our payouts are fast, our service is professional, and our games are fun are full of variety. Because of this, our reputation is at the top of this exciting new industry." About Jackpot Mania Jackpot Mania is a cross-casino portal that links high-paying progressive jackpots from some of the world's most popular brand name Internet casinos, powered by CryptoLogic software. CryptoLogic Inc. is a leading software development company serving the fast-growing Internet gaming market. 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. as CRY and on Nasdaq as CRYP. WagerLogic, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of CryptoLogic, is responsible for the licensing of its gaming software and services to customers around the world. For more information, visit www.cryptologic.com and www.wagerlogic.com. |
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