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Gold/Mining/Energy : BRIGADIER GOLD LIMITED -- Ignore unavailable to you. Want to Upgrade?


To: SAM-DAN who wrote (11)5/3/2001 2:42:08 PM
From: Stew  Read Replies (1) | Respond to of 15
 
Here's today's news from CryptoLogic. NOTE: Casino8Online.com, mentioned herein among the best known gaming brands, is Brigadier Gold (YRG)'s and is licensed to CRY . . . . . . . .

Canadian Company Press Releases

CRY 2001-05-03 (provided courtesy of CCN Newswire .)
register to receive future releases by email from CCN

CryptoLogic Debuts Jackpotmania.Com Linking Progressive Jackpots From
Internet Casinos Around The
Globe

TORONTO, ONTARIO--

After record US$235,000 win, online jackpots offer big game
entertainment

CryptoLogic Inc., a leading supplier of software to the Internet
gaming and e-commerce industries, today launched JackpotMania.com,
a cross-casino portal that connects 12 of the world's most popular
brand name and land-based gaming organizations to worldwide
progressive jackpots. Progressive games -- which offer
fast-growing bonus jackpots that grow as more people play --
recently led to a record US$235,000 win at an online casino, and
their continued growth is expected to drive significant traffic to
sites that use CryptoLogic's software.

"With Internet gaming expanding so quickly, the competitive edge
will belong to operators with big names, big jackpots and trusted
technology," said Jean Noelting, president and CEO of CryptoLogic.
"At JackpotMania.com, CryptoLogic is opening the door to the
biggest potential jackpots in online gaming. These progressive
jackpots -- which can be won by anyone, anywhere in the world --
will be a huge marketing draw for the brand-name casinos that have
chosen CryptoLogic's safe, secure e-gaming technology. And what's
good for our licensees is good for our business."

Just months after CryptoLogic launched its first progressive games
linking two Internet casinos, a player won US$235,000 playing
Caribbean poker at www.thesands.com -- the largest known win in
Internet casino gaming history. Now that CryptoLogic is linking 12
of the world's premier online casinos, jackpots are expected to
build even more quickly and larger. To date, casinos using
CryptoLogic's software have paid out over US$4.9 billion in
winnings. The company expects to benefit from the increasing
popularity of these sites and new gaming options to drive traffic
and revenue.

JackpotMania.com offers a single online destination featuring six
new progressive slots, video poker and Caribbean poker games. The
site brings together some of the best-known gaming brands,
including InterCasino.com, WilliamHillCasino.com, TheSands.com,
KiwiCasino.com, Casino8Online.com, CasinoeBet.com, OmniCasino.com,
VIPCasino.com and both the English and Spanish versions of
CasinoSur.com and FiestaCasinos.com.

The progressive jackpot games feature US$0.25 and US$1.00 "Triple
Olives" slots and "Super Jackpot" video poker, as well as a
tabletop progressive counter on Caribbean poker tables with a
starting value of US$100,000. Also, CryptoLogic recently released
a brand-new US$1.00 slot "Rags to Riches" with a starting value of
US$100,000.

Available at one easy-access location or through any of
CryptoLogic's participating licensees, JackpotMania.com runs
real-time tallies displaying each growing jackpot as games are
played simultaneously across these online casinos, around the
world. The JackpotMania.com Web site will feature winner
information, links to CryptoLogic-licensee contests and special
offers, e-mail notification to alert players when jackpots reach
high levels and an affiliate program.

About CryptoLogic

CryptoLogic Inc. is a leading software development company serving
the fast-growing Internet gaming market. The company's proprietary
technologies enable secure, high-speed financial transactions over
the Internet. CryptoLogic continues to innovate and develop state
of the art Internet software applications for both the electronic
commerce and Internet gaming industries. WagerLogic, a wholly
owned subsidiary of CryptoLogic, is responsible for the licensing
of its gaming software and services to customers around the world.

CryptoLogic's common shares trade on the Toronto Stock Exchange as
CRY and on Nasdaq as CRYP. There are currently 13.1 million common
shares outstanding (15.7 million shares fully diluted). For more
information, visit www.cryptologic.com and www.wagerlogic.com.

CRYPTOLOGIC FORWARD LOOKING STATEMENT DISCLAIMER:

Statements in this press release which are not historical are
forward-looking statements made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of
1995. Investors are cautioned that all forward-looking statements
involve risks and uncertainties, including without limitation
risks associated with the Company's financial condition and
prospects, legal risks associated with Internet gaming and risks
of governmental legislation and regulation, risks associated with
market acceptance and technological changes, risks associated with
dependence on licensees and key licensees, risks relating to
international operations, risks associated with competition and
other risks detailed in the Company's filings with securities
regulatory authorities. These risks may cause results to differ
materially from those projected in the forward-looking statements.