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

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To: Mephistopheles who wrote (1690)	9/28/1999 12:29:00 PM
From: DaveAu	Read Replies (3) of 2782

Meph, I asked the company for clarification of relationship to WWTS. I was told that WWTS owns intercasino. The sportsbook software used by WWTS/intercasino is licensed from CRY. The latest release of the sportsbook that intercasino recently started using is web based rather than client server so the user doesn't have to download it. The PR campaign that we were told would accompany the Nasdaq listing is expected to start in November. The full version 4 software which includes horse racing won't be ready in 1999. The upgraded E-commerce product is well along but I was told the marketing roll out would not be until 2000. No firm date on either. "No comment" on nasdaq status and on new licensees. The company believes that they have no exposure to a raid similiar to the one on Starnet. The servers in Toronto only run the E-cash software. BJ

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