CryptoLogic to Present at Deutsche Bank Conference at American Gaming Summit 2003.Business Editors TORONTO--(BUSINESS WIRE)--Jan. 6, 2003 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:CRYP CRYP Cheyenne River Youth Project (Eagle Butte, SD) ) (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :CRY), a leading software supplier to the Internet gaming and e-commerce industries, today announced that Lewis Rose, interim 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. , has been invited to present the company's growth strategy and industry trends at the Deutsche Bank Deutsche Bank AG (IPA: /'dɔɪ.tʃə/[1]) (ISIN: DE0005140008, NYSE: DB) (English: German Bank Investor Conference at 10:30am on January 10, 2003. CryptoLogic cryp·tol·o·gy n. The study of cryptanalysis or cryptography. cryp  to·log is honored to be the only Internet gaming software provider
invited to address the Deutsche Bank Conference at the American Gaming
Summit 2003 in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. , Nevada.
As a pioneer, CryptoLogic continues to help shape the future of online gaming. Internet gaming is a maturing, multi-billion dollar industry that is seeing a growing presence of major land-based operators recognizing the Internet as a synergistic extension of their business around the world. Recognizing this market shift, CryptoLogic continues to emphasize regulatory compliance comparable to the strict standards in land-based gaming and expand its strong roster of international blue-chip customers. CryptoLogic's success is also distinguished by its focus on old-economy fundamentals of cash flow and profitability, which has enabled the company to achieve global leadership in the vast, growing new economy of interactive gaming. Mr. Rose's presentation will be made available in the week following on CryptoLogic's web site at www.cryptologic.com/investor. Since its inception, American Gaming Summit has provided the highest level of financial and legal information about premier companies serving the gaming industry. Attendees at AGS AGS American Geriatrics Society. include institutional investors; top-level executives with the major gaming, lodging and leisure companies; elected public officials; appointed regulatory directors; financial managers; commercial vendors to these businesses; and stock brokers, all of whom have an interest in this rapidly expanding industry. Deutsche Bank Securities Inc. is the exclusive Investment Banking sponsor of the Ninth Annual American Gaming Summit, January 9-10, 2003, at the Rio All-Suite Hotel and Casino in Las Vegas. For more information, visit www.americangamingsummit.com. About CryptoLogic (www.cryptologic.com) Focused on integrity and innovation, CryptoLogic Inc. is the leading software development company serving the Internet gaming market. The company's proprietary technologies enable secure, high-speed financial transactions over the Internet. CryptoLogic, ranked #1 in the Profit 100 listing of Canada's fastest growing companies, continues to develop state-of-the-art Internet software applications for both the electronic commerce and Internet gaming industries. WagerLogic Ltd., a wholly-owned subsidiary of CryptoLogic, is responsible for the licensing of its gaming software and services to customers around the world. 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. under the symbol CRY and on the Nasdaq National Market under the symbol CRYP. There are currently 12.2 million common shares outstanding (12.9 million shares fully diluted, based on treasury method). CRYPTOLOGIC FORWARD LOOKING STATEMENT DISCLAIMER: Statements in this press release which are not historical are forward-looking statements made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. 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. |
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