31-01-2006

CryptoLogic's wholly-owned subsidiary, WagerLogic Limited, was recognized as the iGaming Software Provider of the Year at the 2006 UK Gambling Awards - the UK's premier industry awards event. WagerLogic was honoured for its innovative Internet casino and poker software. The awards were held at the historic Banqueting House at Whitehall Palace, London.

"This prestigious award - along with a growing number of other industry honours - makes it clear that CryptoLogic is developing games of choice that players love to play," said Lewis Rose, CryptoLogic's President and CEO. "As both industry pioneer and an industry leader, CryptoLogic works hard to stay close to the heart of the online player - in both casino and poker - and this type of industry acclaim shows we're on the right track in producing innovative, industry-leading games and software."

In more than ten years in business, CryptoLogic has consistently developed groundbreaking products and entertainment concepts through its Internet casino and poker suites. The company introduced more than 20 new casino games in 2005 alone; these included Bejeweled, the popular gem-matching game, and six new multi-jackpot games featuring world-famous Marvel Super Heroes such as The Hulk, Daredevil, X-Men, Blade and The Punisher.

With one of the most extensive poker offerings on the Internet today, WagerLogic licensees' central poker room has consistently ranked among the top five poker rooms on the Internet, and now attracts more than 9,000 simultaneous online players.

"In our industry, it's a great tribute to be named the iGaming Software Provider of the Year," said A.J. Slivinski, WagerLogic's Managing Director. "For WagerLogic, this validates our commitment to providing state-of-the-art casino and poker software that enhances the loyalty of our customers' players across the UK and all over the world."

Presented by Dennis Publishing, the UK Gambling Awards honours the best in the industry. Founded in 1974, Dennis Publishing is one of the world's leading independently owned media companies. The company publishes 19 magazines in the UK, including Maxim, InsideEdge, PokerPlayer, TOTAL Gambler, PC Pro and The Week, and four titles in the US - Maxim, Stuff, Blender and The Week.