TOP INDIAN LICENSEE FOR CRYPTOLOGIC

16 May 2008

Khel Galli and Cryptologic to develop new gaming brand for booming South Asian market


Hyperactive gambling software developer Cryptologic has announced the sign-up of another major Asian licensee in an agreement with Khel Galli - one of South Asia's fast-growing online gaming companies. The Dublin-based company will develop and launch KhelGalli.com, a new Internet gaming brand for the high-growth Asian and Indian market.

"In 2008, CryptoLogic is on the move - launching new games, building new partnerships and entering new markets - and of course South Asia is near the top of our list," said Brian Hadfield, Cryptologic's President and CEO.

"For Cryptologic, it's exciting to earn the confidence of Khel Galli, a rapidly expanding Asian gaming brand. Khel Galli will offer South Asian players a truly unique gaming experience - our best global products tailored to local tastes and needs."

The new agreement, made through Cryptologic subsidiary Wagerlogic, provides Khel Galli with an extensive online casino and poker offering. The Khel Galli poker site is expected to launch in the second quarter of 2008, followed by the release of a mini-casino which will include a sub-set of Cryptologic's top-performing casino games later in the year.

Cryptologic will implement full gaming suites on this mini-casino, including more than 200 casino games and non-downloadable poker and casino products in 2009.

"For Khel Galli, we wanted a respected partner who could understand the market and develop an exceptional experience for our target audience - and Cryptologic is an ideal fit," said Ganesh Mallya, Khel Galli's CIO. "CryptoLogic's industry expertise and reputation for integrity will help us expand and broaden our competitive edge for the South Asian market."

Khel Galli is a South Asian-owned business operated by M Gaming and licensed by the Gaming Commission of Curacao, Netherlands Antilles.

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