Cryptologic Inc. - company update.TORONTO--(BUSINESS WIRE)--June 12, 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 Inc. announced today it recorded gross licensing fee revenue increase of over 30 percent for the month of May from its subsidiary's computer service company. Fee revenue for May exceeded $1.25 million, which is up from $950,000 recorded in April 1997. The Company is encouraged by these results. Cryptologic cryp·tol·o·gy n. The study of cryptanalysis or cryptography. cryp  to·log is a public company and 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 and currently has approximately 6.6 million common
shares outstanding.
CONTACT: Cryptologic Inc. Andrew Rivkin, 416/920-9636 or Cryptologic Inc. Robert Stikeman, 416/367-1930 |
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