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CryptoLogic Limited: CryptoLogic to Hold Analyst/Shareholder Conference Call

DUBLIN, IRELAND and TORONTO, ONTARIO--(Marketwire - July 31, 2009) - CryptoLogic Limited (TSX:CRY)(TSX:CXY)(NASDAQ:CRYP)(LSE:CRP) announced today that on the morning of Thursday, August 13, 2009 (before the market opens in Toronto, Canada), the company will release its financial results for second quarter 2009.

Brian Hadfield, President and CEO of CryptoLogic, cordially invites you to participate in the company's analyst/shareholder conference call to be held on August 13, 2009 at 2:30 p.m. (GMT) 9:30 a.m. (EST time). A live webcast of the call will also be available. Management will review the financial results for the second quarter 2009 and discuss recent developments to be followed by a question and answer period.

Conference Call
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 Date: Thursday, August 13, 2009
 Time: 9:30 a.m. Toronto Time (EST)
 Local Dial-In Number: 416-340-8410
 Toll Free North America: 1-800-766-6630
 Toll Free International: (Country Code) 800-4222-8835

To participate, please call five to ten minutes prior to the 9:30 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 (EST time) August 20, 2009. To listen to the replay, please dial 416-695-5800 or 1-800-408-3053, passcode 1154853#. 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/Events, or [ http://events.onlinebroadcasting.com/cryptologic/081309/index.php ] prior to 9:30 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 for 120 days.

About CryptoLogic^®([ www.cryptologic.com ])

Focused on integrity and innovation, CryptoLogic Limited is a leading 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 that offer their games to non-U.S. based players around the world. For information on WagerLogic, please visit [ www.wagerlogic.com ].