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CryptoLogic Inc. is recognized as a pioneer and leading software developer in the rapidly expanding Internet gaming industry. The CryptoLogic brand means integrity and innovation, and this reputation for quality has led to the Company being ranked number one in the 2002 "Profit 100" listings of Canada's fastest growing companies.
A public company (traded on the Toronto Stock Exchange, the Nasdaq National Market and the London Stock Exchange Main Market), CryptoLogic's leadership role is reflected in the great success of its two core technologies: ECash Direct and gaming software. ECash Direct software has processed more than US$12 billion in secure electronic transactions. It utilizes proprietary, real-time cryptographic technology to enable secure e-commerce and information transmissions.
CryptoLogic's Internet casino software - the industry leader since its release in 1996 and licensed through wholly owned subsidiary, WagerLogic -- is used by the world's leading Internet casinos including William Hill, Littlewoods Leisure and The Ritz Club London Online. In 2002, CryptoLogic's product offering was broadened with the addition of bingo and poker software, two vertical markets with tremendous potential, and the launch of instant-play Java versions of 14 of the most popular casino games. CryptoLogic software supports multi-currency financial transactions (U.S. Dollar, British Pound and Euro) and multi-language casino products (English, French, Italian, Spanish, German, Japanese and Chinese Traditional).
A combination of business-minded management, highly skilled development teams and strong financial resources puts the Company at the forefront of Internet gaming development.
CryptoLogic consists of industry-leading experts in the areas of:
Gambling legislation and regulation
Internet software development
Internet communications
Client/server applications
Data security and random-number generation
International banking
Mathematics
3D graphics and animation
Over 70 jurisdictions worldwide have some form of Internet gaming regulation in place. CryptoLogic has focused its growth internationally, and recently achieved a major milestone by being one of a few providers with its software certified for use in the "Tier-one" regulated (on par with land-based regulations) jurisdiction of the Isle of Man.
CryptoLogic has long advocated that regulation is the best solution for the entire industry, and certification to the highest standards gives CryptoLogic a significant point of difference when dealing with the large, brand-name, land-based customers that will lead the next phase of gaming industry growth.
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