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News
iCrystal Casino Software Receives High Marks
12 June 2002

PRESS RELEASE

SOURCE: iCrystal.com

SURREY, British Columbia -- iCrystal Inc. (OTCBB:ICRS), a Surrey, Canada-based designer, developer and worldwide licensor of Internet-based lottery and casino gaming software is please to announced the successful release of the newest version of its virtual casino gaming software, "iCrystal Virtual Casino 4.01."

iCrystal's virtual casino licensees have reported an approximate 20% increase in revenues since upgrading to Version 4.01.

"The Company's launch of this new version of its software to the existing licensees earlier this year has resulted in more attractive and entertaining gaming sites, which has increased the bottom line for our customers, which in turn, has increased iCrystal's bottom line," stated Derek Bodnarchuk, president.

"We are proud to be providing our new Version 4.01 software and are excited about the positive responses received from our licenses. The new version makes our licenses' Web sites more entertaining and our licensees are reporting a substantial increase in revenues," stated Larry Hrabi, CEO.

Management anticipates these encouraging results will facilitate negotiations with other potential licensees and substantially increase revenues.

iCrystal Inc. is a designer, developer and licensor of Internet-based lottery, roulette and casino gaming software. iCrystal provides its licensees with complete turn-key solutions to the Internet gaming industry. Its casino software features include integrated secure credit card processing and user friendly reporting tools. Through iCrystal's Master Licensee, the Company can assist in providing its licensees with hosting and effective marketing strategies. The Company's reliable and timely solutions tailored to ease of use and customized gaming variety has contributed to the ability of iCrystal's software packages to generate immediate revenue.

To date, the Company has invested over $5,000,000.00 (US) in the research, development and acquisition of state-of-the-art gaming software and technologies geared towards the Internet. Our primary focus is to supply the demand for superior products targeted towards specific niche markets and ultimately provide the customer with a unique and memorable gaming experience.

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