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Non-Tech : Cryptologic (CRY/TSE): First Profitable Internet Casino

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To: Warner Buffett who wrote ()2/9/1999 4:12:00 PM
From: Mephistopheles   of 2782
 
CryptoLogic Announces Financial Information To BeReported In U.S. Dollars

TORONTO, CANADA--CryptoLogic Inc. announced today that all future
financial information, including the 1998 Annual Report, will be
reported in U.S. dollars. As CryptoLogic's revenues are derived
internationally and are transacted in U.S. dollars, this change
will convey the Company's financial information to its shareholders in the currency of measurement in which the Company transacts its business.

Year end and all future results will have a period over period comparison in U.S. dollars.

CryptoLogic Inc. is an Internet software development company with
leading proprietary technologies that enable secure, high-speed financial transactions over the Internet, and provide state of the
art e-commerce and licensing of online gaming applications to
Internet casino operators.

CryptoLogic Inc. is a public company listed on the TSE, trading
under the symbol CRY. There are currently 8.5 million common
shares outstanding, 15.4 million shares fully diluted.
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