Advisory: CryptoLogic To Hold Analyst/Shareholder Conference Call To D

    News Editors

    TORONTO--(BUSINESS WIRE)--Feb. 3, 2005--CryptoLogic Inc. (TSX:CRY) (NASDAQ:CRYP) (LSE:CRP) announced today that on Friday, February 18, 2005 before market opens, the company will release its financial results for the fourth quarter and year ended December 31, 2004.

    Lewis Rose, President and CEO of CryptoLogic, cordially invites you to participate in the company's analyst/shareholder conference call to be held on February 18, 2005 at 8:30 a.m. (Toronto time). A live webcast of the call will also be available. Management will review the financial results for the 2004 fourth quarter and year-end results and discuss recent developments, to be followed by a question and answer period.

Conference Call ----------------- Date: Friday, February 18, 2005 Time: 8:30 a.m. Toronto Time Local Dial-In Number: 416-695-5259 Toll Free North America: 1-877-888-3490 Toll Free International: (Country Code) 800-4222-8835

    To participate in the call, please dial 416-695-5259, 1-877-888-3490 or 800-4222-8835 five to ten minutes prior to the 8:30 a.m. start of the teleconference. This conference call will be recorded and available for replay approximately one hour after the completion of the call, up until midnight February 25, 2005. To listen to the replay, please dial 416-695-5275 or 1-866-518-1010. A transcript of the call will also be made available on CryptoLogic's website at www.cryptologic.com under Investor Information.

    Webcast

    To access the live audio webcast, please go to www.cryptologic.com and click on Investor Information, or to www.newswire.ca/en/webcast/viewEvent.cgi?eventID=1005840 prior to 8:30 a.m. Windows Media Player is required to listen to the webcast. If you do not have the player, a free download is available at www.microsoft.com. A rebroadcast of the webcast will be available on www.Q1234.com and www.newswire.ca/webcast/ under Archives for 30 days.

    About CryptoLogic (www.cryptologic.com)

    Focused on integrity and innovation, CryptoLogic Inc. is the world's largest public online gaming software developer. The company's technologies enable secure, high-speed financial transactions over the Internet, and its leadership in regulatory compliance makes it one of the very few companies with gaming software that is certified to strict standards similar to land-based gaming. WagerLogic Ltd., a wholly-owned subsidiary of CryptoLogic, is responsible for the licensing of its gaming software and services to customers worldwide. For information on WagerLogic, visit www.wagerlogic.com.



    CryptoLogic Inc. (TSX:CRY) (NASDAQ:CRYP) (LSE:CRP)

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CONTACT: CryptoLogic Inc. Nancy Chan-Palmateer (416) 545-1455 x701 nancycp@cryptologic.com OR CryptoLogic Inc. Maureen Lockett (416) 545-1455 x734 maureen.lockett@cryptologic.com

KEYWORD: NEW YORK INTERNATIONAL CANADA INDUSTRY KEYWORD: BIOTECHNOLOGY CONFERENCE CALLS SOURCE: CryptoLogic Inc.

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