CryptoLogic Gains New Channel to Market With Gaming Technology
Solutions PLC
Top CryptoLogic games to be offered in multiple languages and
currencies through leading global supplier of gaming platform solutions
DUBLIN, IRELAND, Jan 14, 2009 (MARKET WIRE via COMTEX) -- CryptoLogic
Limited (TSX: CRY)(TSX: CXY)(NASDAQ: CRYP)(LSE: CRP), a world leader
in Internet casino and branded gaming software, today announced
a strategic partnership with Gaming Technology Solutions PLC (GTS),
a leading global supplier of platform solutions for online gaming
operations.
The partnership is consistent with CryptoLogic's strategy to expand
the number of market leading casino sites that offer the company's
games. GTS's impressive list of tier one customers includes Unibet,
bwin, 888, Expekt, and Betclick, as well as many other top brands.
Under the agreement, CryptoLogic's top-performing games will be
made available to GTS customers through its Enhanced Gaming Engine
(EdGE), a proprietary games platform. A range of 10 CryptoLogic
games will be live on the platform for GTS customers by the end
of the first quarter of 2009.
"Today, we connect CryptoLogic's leadership in gaming innovation
with GTS' ability to serve top-tier gaming operators around the
world," said Brian Hadfield, CryptoLogic's President and CEO.
"This partnership is yet another example of how CryptoLogic
is opening up powerful new distribution channels to get our market-leading
games into the hands of more customers - and more players."
EdGE is an industry-leading, cross-channel content delivery platform
that offers access to premier games created by world class developers
like CryptoLogic. EdGE facilitates quick delivery of new content
across multiple languages, including all European and most Asian
languages (Chinese, Japanese and Korean), currencies and domains.
Sports, casino, bingo, puzzle and soft games can all be delivered
as browser-based or downloadable client products.
"Our operators demand and deserve market leading casino products
- and CryptoLogic offers some of the world's most recognized brands
and games," said Steven Matsell, GTS' Business Development
Director. "To us, this partnership makes perfect sense."
In recent months, CryptoLogic has signed deals with 888.com, PartyGaming
and Orbis, some of the biggest names in gaming.
With more than 200 games, CryptoLogic has one of the most comprehensive
casino suites on the Internet today. CryptoLogic has earned rave
reviews from industry peers and players alike, and in 2008 earned
Gambling Online Magazine's Top Casino Software award for the third
consecutive year. Based on the votes of players around the world,
it is widely considered the industry's top honour.
About CryptoLogic(R) (www.cryptologic.com)
Focused on integrity and innovation, CryptoLogic Limited is a world-leading,
blue-chip public developer and supplier of Internet gaming software.
Its leadership in regulatory compliance makes it one of the very
few companies with gaming software that is certified to strict standards
similar to land-based gaming. WagerLogic(R) Limited, a wholly-owned
subsidiary of CryptoLogic, is responsible for the licensing of its
gaming software and services to blue-chip customers who offer their
games around the world to non-U.S. based players. For information
on WagerLogic, visit www.wagerlogic.com.
CryptoLogic's common shares trade on the Toronto Stock Exchange
(CRY, CXY), the NASDAQ Global Select Market (CRYP) and the Main
Market of the London Stock Exchange (CRP).
About Gaming Technology Solutions (www.gtsplc.com)
Formed in 2005, Gaming Technology Solutions (GTS plc) is a leading
provider of cross channel gaming solutions for online gaming operations.
As a truly "Open" platform and integration partner to
operators GTS offer an impressive catalogue of successful game titles
from all delivered on the world class EdGE platform.
CRYPTOLOGIC FORWARD LOOKING STATEMENT DISCLAIMER:
Statements in this news 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.
