Ritz Club London Extends Relationship with Cryptologic
By staff
February 16, 2005 (London, UK) - CryptoLogic Inc., a leading software developer to the global Internet gaming market, announced today that it has renewed and extended its relationship with one of the UK's leading gaming brands, The Ritz Club London Online (www.theritzclublondon.com). The Ritz Club London has committed to a multi-year contract with CryptoLogic's subsidiary, WagerLogic Limited, and will continue to use the software provider's proven online casino and poker offerings exclusively during the term of the agreement.

'CryptoLogic's strategy is to do business with the best of the best in global gaming - and we're proud to have earned the continuing confidence of a top UK gaming brand to drive our organic growth,' said Lewis Rose, CryptoLogic's President and CEO. 'On land or online, The Ritz Club London is a prestigious company, and we are delighted to reaffirm and build on our relationship to deliver a safe, secure and enjoyable online gaming experience for their players around the world.'

The Ritz Club London Online has been a customer since 2002, and has used WagerLogic's state-of-the art software to establish a successful online casino in Alderney, one of the world's most highly regulated jurisdictions. The relationship continued to grow in 2004, when the Ritz Club expanded its game offering by launching an online poker product designed and developed by CryptoLogic and licensed in the Netherlands Antilles.

'CryptoLogic continues to be the Ritz Club's developer of choice - and their interactive gaming technology is second to none,' said Malcolm Graham, Managing Director, The Ritz Club London Online. 'CryptoLogic's proven expertise and high standards have enabled us to grow a profitable business in the major growth areas of online casino and poker gaming, which is why we have renewed our agreement with WagerLogic.'

About CryptoLogic (www.cryptologic.com)

Focused on integrity and innovation, CryptoLogic Inc. is the world's largest public online gaming software developer and supplier. 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 Ltd., a wholly-owned subsidiary of CryptoLogic, is responsible for the licensing of its gaming software and services to customers worldwide. For more information on WagerLogic®, visit www.wagerlogic.com.

CryptoLogic's common shares trade on the Toronto Stock Exchange (symbol: CRY), on the Nasdaq National Market (symbol: CRYP), and on the Main Market of the London Stock Exchange (symbol: CRP).

About The Ritz Club London (www.theritzclublondon.com)

The Ritz Club London is the essence of fine gaming and part of the rich Ritz heritage that dates back to 1906. Situated in the former ballroom of London's historic Ritz Hotel, the prestigious and exclusive club 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 constantly upheld. The brand and reputation of The Ritz Club London are important factors in maintaining its international and loyal following amongst its members.

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.

For more information, please contact:

CryptoLogic, +1 416 545-1455 Argyle Rowland, +1 416 968-7311 (Media)

Nancy Chan-Palmateer, Director of Communications

Daniel Tisch, ext. 223/ dtisch@argylerowland.com

Karen Passmore, ext. 228/ kpassmore@argylerowland.com

The Ritz Club London Online, +44 207 468 1368

Gina Wakely, Marketing Manager

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