CryptoLogic Inc. announces financial results.TORONTO--(BUSINESS WIRE)--May 7, 1997--CryptoLogic Inc. (CANADIAN DEALING NETWORK Canadian Dealing Network (CDN) The organized OTC market of Canada. Formerly known as the Canadian Over-the-Counter Automated Trading System (COATS), the CDN became a subsidiary of the Toronto Stock Exchange in 1991. :CRYP CRYP Cheyenne River Youth Project (Eagle Butte, SD) .) Cryptologic cryp·tol·o·gy n. The study of cryptanalysis or cryptography. cryp  to·log announced today that its financial statements for the 10 months ended December 31st 1996 disclose an operating loss of $602,000 or $0.12 per share. The Company also announced that the first quarter results of operations ended March 31st 1997 resulted in net earnings of $1,156,215 or $0.20 per share. CryptoLogic Inc. is a computer software company that specializes in Internet transaction processing and has licensed electronic cash and gaming software products to third parties. CryptoLogic Inc. trades on the CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. under the symbol CRYP CONTACT: CryptoLogic Inc. Andrew Rivkin, 416/920-9636 Robert Stikeman, 416/367-1930 |
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