E-gaming leader becomes major sponsor, offers big surprises for booth visitors; CEO a featured speaker

DUBLIN, IRELAND -- (Marketwire) -- 09/22/08 -- CryptoLogic Limited (TSX: CRY)(TSX: CXY)(NASDAQ: CRYP)(LSE: CRP), a leading software developer to the global Internet gaming market, announced today that it will be a featured sponsor and play a significant role in the European i-Gaming Congress & Expo (EiG) taking place in Barcelona from September 23rd - 25th, 2008. EiG is one of the most important trade shows focusing specifically on i-gaming businesses in the European market.

CryptoLogic will operate a booth at the expo and offer "Hulk-sized" surprises to those who visit the stand. Brian Hadfield, CryptoLogic's President and CEO, is featured in a spotlight panel alongside other senior executives and Internet gaming leaders. Mr. Hadfield will take part in an industry leaders' debate called "The Software Suppliers Speak."

"I promised early on that CryptoLogic would be more aggressive than ever before, and doing so means being more visible, more available - and offering valuable insight on issues that affect our industry," said Mr. Hadfield. "We want to demonstrate to potential top-tier customers - and existing customers such as InterCasino, 888, William Hill, Skybet, Dusk Till Dawn, and the Poker Channel - that CryptoLogic is built to grow and built to win. This move supports our aggressive, open-for-business sales strategy."

During the Expo, CryptoLogic will launch a new website and marketing materials to highlight the company's market-leading and award-winning branded casino games, including Street Fighter II, Bejeweled, Cubis and its exclusive classic Marvel properties.

"As an Internet gaming leader, it makes sense for CryptoLogic to lead the way at one of the biggest and best i-gaming trade shows in the world," added Justin Thouin, CryptoLogic's Vice President, Product Management and Business Development.

About CryptoLogic®(www.cryptologic.com)

Focused on integrity and innovation, CryptoLogic Limited is a world-leading, blue-chip public developer and supplier of Internet gaming software. 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® Limited, a wholly-owned subsidiary of CryptoLogic, is responsible for the licensing of its gaming software and services to blue-chip customers who offer their games around the world to non-U.S. based players.