CryptoLogic to Release New Games

TORONTO -- (PRESS RELEASE) -- CryptoLogic Inc. (TSX:CRY)(NASDAQ:CRYP)(LSE:CRP) - CryptoLogic Inc., a leading software developer to the global Internet gaming market, announced the release of a new array of internationally-popular games with the latest version of its leading casino software. Exciting new card and slot game favourites have been rolled out in the sixth version of the company's software, licensed through its subsidiary, WagerLogic Limited. These recent choices bring to over 30 in the number of new online casino games that the company has introduced in 2004.

"At CryptoLogic, the market drives our products, and then our products drive the market," said Lewis Rose, CryptoLogic's President and CEO. "CryptoLogic has now brought a UK pub tradition - the Fruit Machine known as

"Fruities" - to the Internet for the first time ever. In the online casino business, it's about smart, market-oriented innovations that give players worldwide the games they want. We've done that in spades this year with a flow of new casino products, which are proving successful for our customers."

CryptoLogic has enjoyed significant revenue growth from the thriving UK market, and some of its recently developed games are specifically designed to strengthen the product's appeal to British players. The new Fruit Machines - Fruit Fight and Super Sideshow - recreate the entertaining experience of these games found in pubs and take-away restaurants, and are hugely popular throughout the UK.

WagerLogic's Version 6 software also includes great classics as online casino table choices: Casino Solitaire and Casino War. Two variants of Blackjack complement the expanded casino suite with the addition of Pontoon, a British version of this well-liked card game, and Super Fun 21, a downtown Las Vegas favourite.

Find these exciting WagerLogic games at some of the world's top Internet gaming sites, including intercasino.com, littlewoodscasino.com and williamhillcasino.com, with others to follow.