Cryptologic: Littlewoods and Ritz

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Press Release Source: CryptoLogic Inc.


littlewoodscasino.com Goes Live In Strictly Regulated Isle Of Man Using CryptoLogic Technology
CryptoLogic-powered online casino leads the way in tier-one regulated jurisdiction
Tuesday September 17, 10:09 am ET


TORONTO--(BUSINESS WIRE)--Sept. 17, 2002-- CryptoLogic Inc. (NASDAQ:CRYP - News; TSX:CRY - News) today announced that littlewoodscasino.com, powered by CryptoLogic software, is now live in the strictly regulated Internet gaming jurisdiction of the Isle of Man.
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Operated by Littlewoods Leisure, one of the U.K.'s most established and best-known gaming brands, littlewoodscasino.com was granted one of the first interactive gaming licences issued by the Isle of Man authorities. The certification of CryptoLogic's software by the Isle of Man government is a prime example of the Company's commitment to leadership in regulated Internet gaming worldwide.

"The future of Internet gaming lies in trusted brand names like Littlewoods operating in highly regulated jurisdictions," said Lewis Rose, CryptoLogic's Interim President and CEO. "Having both our gaming and e-cash software certified to the strict Isle of Man regulations was a major milestone, and we expect to see continued growth in the U.K. and European markets as more and more customers recognize the benefits of operating in a Tier-one regulated environment."

CryptoLogic has always advocated that fair and responsible gaming is the best solution for players, customers and governments. Choosing CryptoLogic software allows Littlewoods to offer a fully customized, customer-oriented Internet casino in compliance with the Isle of Man's licensing regulations.

Littlewoodscasino.com offers 16 single and multi-player casino games, and incorporates extensive consumer safeguards including player identification; physical address verification; deposit, withdrawal and bet limits for fraud control, anti-money laundering and responsible gaming; an account lock feature; online player game and e-cash logs; and geographic restrictions. Littlewoodscasino.com will not accept bets from U.S. players.

About Littlewoods

Littlewoods Leisure, a household brand name in Britain, is a wholly-owned subsidiary of Sportech plc, a U.K. company listed on the London Stock Exchange. Founded in 1923, Littlewoods is one of U.K.'s favorite gaming and betting operators, providing a variety of products to its customers via telephone, Internet, mail, media and a network of 20,000 door-to-door collectors.

About CryptoLogic

CryptoLogic Inc. is the leading software development company serving the Internet gaming market. The Company's proprietary technologies enable secure, high-speed financial transactions over the Internet. CryptoLogic, ranked #1 in the Profit 100 listing of Canada's fastest growing companies, continues to innovate and develop state-of-the-art Internet software applications for both the electronic commerce and Internet gaming industries. WagerLogic, a wholly-owned subsidiary of CryptoLogic, is responsible for the licensing of its gaming software and services to customers around the world.

CryptoLogic's common shares trade on the Toronto Stock Exchange under symbol the CRY and on the Nasdaq National Market under the symbol CRYP. There are currently 12.3 million common shares outstanding (14.4 million shares fully diluted). For more information, visit
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CRYPTOLOGIC FORWARD LOOKING STATEMENT DISCLAIMER:

Statements in this press release which are not historical are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, risks associated with the Company's financial condition and prospects, legal risks associated with Internet gaming and risks of governmental legislation and regulation, risks associated with market acceptance and technological changes, risks associated with dependence on licensees and key licensees, risks relating to international operations, risks associated with competition and other risks detailed in the Company's filings with securities regulatory authorities. These risks may cause results to differ materially from those projected in the forward-looking statements.



--------------------------------------------------------------------------------
Contact:
CryptoLogic
Sean Stokes, 416/545-1455
416/545-1454 (FAX)
or
Argyle Rowland Worldwide
Daniel Tisch, 416/968-7311 ext. 223
dtisch@argylerowland.com
or
Aline Nalbandian, 416/968-7311 ext. 226
aline@argylerowland.com



--------------------------------------------------------------------------------
Source: CryptoLogic Inc.

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Press Release Source: CryptoLogic Inc.


CryptoLogic Technology Brings Prestigous Ritz Club London Brand Online
The Ritz Club London Online Delivers the Essence of Fine Gaming to All Players Via the Internet
Wednesday September 18, 8:01 am ET


TORONTO--(BUSINESS WIRE)--Sept. 18, 2002--CryptoLogic Inc. (NASDAQ:CRYP - News; TSX:CRY.TO - News) announced today that The Ritz Club London Online (Outdated URL (Invalid)) is now live and open for business using CryptoLogic's leading e-gaming technology.
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Grown out of one of the finest gaming brands in the world, The Ritz Club London Online will focus on meeting the needs of its exclusive high-value membership while at the same time enabling a full spectrum of players to experience the superior standard of customer care for which The Ritz Club London is known.

"We are very proud to have been entrusted by The Ritz Club London to bring its heritage of security and sophistication to the Internet," said Lewis Rose, CryptoLogic's Interim President and CEO. "Focusing on both existing high value members and new players, this association fits perfectly with our strategy of expansion in the rapidly-growing European and international markets."

Located in London's historic Ritz Hotel, The Ritz Club London is a venue that evokes the great Edwardian gilded casinos of Europe. The Ritz Club London Online casino carries the same cachet, and a highly customized slate of 26 casino games includes multi-player Blackjack, American Roulette, European Roulette, Baccarat, Casino Stud Poker and Let-It-Ride Poker.

"After a meticulous evaluation of potential suppliers, CryptoLogic was our first and only choice to bring to the Internet the high standards and operating procedures that set The Ritz Club London apart," said Kelly Moulton, CEO of The Ritz Club London Online. "The Ritz Club London is synonymous with quality and trust, and CryptoLogic has carried this tradition of excellence and the highest level of customer service to our Internet Casino."

About The Ritz Club

Originally opened in 1978, The Ritz Club London is situated in the former ballroom of London's historic Ritz Hotel and appeals to the true connoisseur of luxury and elegance. The Ritz Club London places great emphasis on ensuring that the highest standards of operating procedures are consistently upheld. The brand and reputation of The Ritz Club London are important factors in maintaining its loyal following amongst its rich and famous members around the globe.

The Ritz Club London Online is a wholly-owned subsidiary of The Ritz Club London, established to pursue online, wireless and interactive television-related gaming activity.

About CryptoLogic

CryptoLogic Inc. is the leading software development company serving the Internet gaming market. The Company's proprietary technologies enable secure, high-speed financial transactions over the Internet. CryptoLogic, ranked #1 in the Profit 100 listing of Canada's fastest growing companies, continues to innovate and develop state-of-the-art Internet software applications for both the electronic commerce and Internet gaming industries. WagerLogic, a wholly-owned subsidiary of CryptoLogic, is responsible for the licensing of its gaming software and services to customers around the world.

CryptoLogic's common shares trade on the Toronto Stock Exchange under symbol the CRY and on the Nasdaq National Market under the symbol CRYP. There are currently 12.3 million common shares outstanding (14.4 million shares fully diluted). For more information, visit cryptologic.com and wagerlogic.com

CRYPTOLOGIC FORWARD LOOKING STATEMENT DISCLAIMER:

Statements in this press release which are not historical are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, risks associated with the Company's financial condition and prospects, legal risks associated with Internet gaming and risks of governmental legislation and regulation, risks associated with market acceptance and technological changes, risks associated with dependence on licensees and key licensees, risks relating to international operations, risks associated with competition and other risks detailed in the Company's filings with securities regulatory authorities. These risks may cause results to differ materially from those projected in the forward-looking statements.



--------------------------------------------------------------------------------
Contact:
CryptoLogic
Sean Stokes, 416/545-1455
or
Argyle Rowland Worldwide
Daniel Tisch, 416/968-7311 ext. 223
dtisch@argylerowland.com
or
Argyle Rowland Worldwide
Aline Nalbandian, 416/968-7311 ext. 226
aline@argylerowland.com



--------------------------------------------------------------------------------
Source: CryptoLogic Inc.
 

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