Cryptologic Signs Asian Online Casino And Poker Licensee - 05-17-08

May 17 - CryptoLogic Limited, a world class provider of online gambling  software, has entered an agreement with Khel Galli - a South Asian gaming company.

"In 2008 we are moving into other markets and South Asia is a priority," said Brian Hadfield, CryptoLogic's President and CEO. "

The Khel Galli poker site will launch in Q2 2008, with a min casino following later this year and a full 200+ game casino in 2009.

"We wanted an experienced partner who could tailor their software for our market," said Ganesh Mallya, Khel Galli's CIO. "CryptoLogic's has the expertise and reputation for us to deliver a world class service to the  South Asian market."

Khel Galli's presence and marketing ability in South Asia and CryptoLogic gaming expertise are sure to provide a basis for a successful partnership.

"This deal proves that we have the ability to customize our software and games for different customers, languages and markets," said the, Managing Director of WagerLogic, Antony Demetriades.

About CryptoLogic

CryptoLogic Limited was one of the first companies to develop online casino software and launched its first casino site in 1997. Today it is a leader in online gambling and powers some of the biggest online casino and poker brands.

WagerLogic Limited, the subsidiary that licenses the CryptoLogic software and services to licensees. CryptoLogic's trades on the Toronto Stock Exchange (CRY, CXY), the NASDAQ Global Select Market (CRYP) and the Main Market of the London Stock Exchange (CRP).

Click here for a list of CryptoLogic Casinos.

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