NEWS

SOURCE: CrytoLogic

Toronto, ON -- CryptoLogic Inc., a leading software developer to the global Internet gaming market, announced today that it has signed an exclusive multi-year licensing agreement with Marvel Enterprises Inc., one of the world's most prominent character-based entertainment companies. The new partnership, made through CryptoLogic's wholly-owned subsidiary, WagerLogic Limited, makes CryptoLogic the sole developer of Marvel-branded casino slot games on the Internet. You've seen them in the comics and on the big screen, and now CryptoLogic is bringing your favorite Marvel superheroes for high-impact action on the Internet - for the first time.

"CryptoLogic's new relationship with Marvel - one of the world's legendary entertainment brands - will strengthen our competitive edge through new, exciting superhero-themed Internet casino games," said Lewis Rose, CryptoLogic's President and CEO. "By delivering big-name action like Daredevil and the Hulk to the Internet, we're enhancing the entertainment factor of CryptoLogic games - and helping our customers appeal to an even wider player audience."

In today's competitive and increasingly sophisticated Internet casino market, players want more choice and more chances to win. With Marvel, CryptoLogic is delivering great brands, great games and great entertainment. With an initial six Marvel-themed, multi-currency video slot games set for release this autumn, Internet casino players will be able to experience big-screen excitement with their favorite Marvel characters - and win cash prizes in US dollars, Euros and Pounds Sterling.

Characters including the Hulk, Daredevil, X-Men, Blade and The Punisher will swing into action in five new 9-line progressive video slot games, extending CryptoLogic's wildly popular family of Rapid Fire jackpot slots to XXX. The new games offer multi-stage, interactive bonus levels with three-level jackpots - the first multi-level jackpot games ever to be offered on the Internet. In addition, The Hulk will add his power to a new Hulk Fruit Machine - another in the series of British-style slot machines developed by CryptoLogic and favored by the strong UK player base of WagerLogic licensees.

As a pioneer and global leader in the estimated $12 billion online gaming industry, CryptoLogic continues to strengthen its position with a growing range of software products for the world's major Internet casino and poker markets. The company is also expanding its system capacity to accommodate rapid growth and player demand, and continues to work with many of the world's most trusted gaming brands.