Wagerlogic Debuts The Internet’s First

[Casinomeister]

PRESS RELEASE

WAGERLOGIC DEBUTS THE INTERNET’S FIRST
MULTI-CURRENCY MILLION DOLLAR PROGRESSIVE SLOT

New “Millionaires Club” slot is truly an international progressive, in US Dollars, Pounds Sterling
or Euros

January 21, 2004 (Nicosia, CY) – WagerLogic Limited, a leading software provider to the Internet gaming and e-commerce industries, announced today the introduction of another exciting progressive slot to its leading suite of casino software developed by CryptoLogic Inc. Branded “Millionaires Club”, the machine is the first one-line progressive slot on the Internet to offer a potential jackpot worth over 1 million dollars.

“Players are drawn by the chance to hit it big, and WagerLogic’s new Millionaires Club progressive slot means that big jackpot could be a million dollars,” said Justin Thouin, CryptoLogic’s Casino Group Product Manager. “Millionaires Club is also a highly-playable game delivering true international appeal. Players have a choice of playing in different currencies accumulating towards one jackpot – we’re making it fun and easy for players from around the world to participate in fast-growing cash winnings.”

High-yield jackpots are a proven way of attracting new players due to the marketability and excitement of large, growing jackpots. Millionaires Club is a single-line, three-reel progressive slot playable in US dollars, British Pounds Sterling or Euros. The jackpot amount is awarded in the currency in which the player is gambling. Proceeds from all three currencies count towards the jackpot value.

Millionaires Club combines the simplicity of a single-line slot with the excitement of a video slot bonus round. After a spin, if the Millionaires Club symbol appears on the third reel, the player is taken to the first of three spinning wheels adorned with various no-risk cash awards. If the player lands on a number, they win that amount in chips. If the player lands on an arrow, the middle wheel begins spinning. Three consecutive arrows equal the jackpot prize.

About WagerLogic (www.wagerlogic.com)
WagerLogic Limited, a wholly-owned subsidiary of CryptoLogic Inc. (a publicly listed company on the Toronto Stock Exchange, Nasdaq National Market and London Stock Exchange), is responsible for the licensing of its gaming software and services to an internationally recognized blue chip client base. In addition to a broad product portfolio of more than 80 casino games, bingo and multi-player poker, the company offers integrated e-cash management and customer care services in multi-currencies and multi-languages for a total online gaming solution.

For information, please contact:

WagerLogic Limited, +44 20 7616 1954
Jon Moss, Business Development Manager
jmoss@wagerlogic.com

CryptoLogic, (416) 545-1455
Justin Thouin, Casino Group Product Manager
justin.thouin@cryptologic.com