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CryptoLogic declares quarterly dividend

August 4

CryptoLogic Inc., one of the leading makers of software for the global Internet gaming market, has said today that its Board of Directors are declaring their quarterly dividend of 3 cents per common share. The dividend will be paid September 15, 2004 to shareholders on record as of September 8, 2004.

Formed in 1996 and licensed through wholly owned subsidiary WagerLogic, CryptoLogic has forged its way into becoming one of the largest gaming software companies today. In 2002 they broadened their software capabilities by developing bingo and poker software as well.

It is long known that this company is focused on forming new and innovative software for gaming sites worldwide. The companies proprietary technologies allow secure, high-speed financial transactions over the Internet. Constantly a leader in regulatory compliance makes this company successful as well.

CryptoLogic's common shares trade on the Nasdaq National Market, the Main Market of the London Stock Exchange, and the Toronto Stock exchange.


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