CryptoLogic Limited has announced today that it has signed a five-year licensing agreement with PartyGaming Plc, one of the world's leaders in the online gaming industry and owners of PartyCasino.com and PartyPoker.com, to launch 6 new games starting in early 2009. CryptoLogic will provide PartyGaming with a selection of its best online casino games, starting on the first quarter of 2009 with the option to add more CryptoLogic games in the near future. The agreement was made through CryptoLogic’s subsidiary WagerLogic Ltd, a company responsible for the licensing of Cryptologic’s gaming software and services.

"We are delighted to welcome PartyGaming as our latest partner. This is one of CryptoLogic's biggest customer wins of the year and an endorsement of the branded games element of our new strategy. It proves that when you combine great innovation and excellent execution, you get expansion. PartyGaming has chosen six CryptoLogic games that represent four different partnerships with world-famous entertainment brands. It is a clear validation of CryptoLogic's branded gaming strategy - and our success in delivering a superior customer experience." said Brian Hadfield, CryptoLogic's President and CEO.

PartyGaming will become CryptoLogic's ninth new customer in 2008, joining a notable list of recognized and promising brands in the world of online gaming including 888.com, Sky Betting and Gaming, Gaming Media Group, Maharajah Club, OPoker, Kurastica, Betjacks and Khel Galli. Featuring more than 200 games, CryptoLogic owns the largest and most trusted selection of casino and skill games including Sudoku, Cubis, and Bejeweled. Thanks to its constant improvements and developments, CryptoLogic has earned a series of acknowledgements and awards including the 2008 Gambling Online Magazine's Top Casino Software award, recognition given to CryptoLogic for third consecutive year.

"PartyGaming and CryptoLogic are two of the biggest names in online gaming - and we're excited to bring some of CryptoLogic's greatest games to our players for the first time. This agreement reflects PartyGaming's strategy to broaden our product base - and grow our player base - through innovative alliances. Because these games will be great for our players, they will be good for our business." said Jim Ryan, PartyGaming's Chief Executive Officer.