FORM 6K
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of May, 2004
Commission File Number 000-30224
| CRYPTOLOGIC INC. |
| (Translation of registrant’s name into English) |
|
1867 Yonge Street, 7th Floor Toronto, Ontario, Canada M4S 1Y5 |
| (Address of principal executive offices) |
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F
| Form 20-F | Form 40-F | X |
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
| Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders. |
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
| Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR. |
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to rule 12g3-2(b) under the Securities Exchange Act of 1934.
| Yes | No | X |
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b) 82 —
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| CRYPTOLOGIC INC. |
| Date: May 27, 2004 |
Lewis N. Rose President and Chief Executive Officer |
NEWS FOR IMMEDIATE RELEASE
ALL DOLLAR AMOUNTS IN US$
Symbol: TSX: CRY; NASDAQ: CRYP; LSE: CRP
CRYPTOLOGIC APPOINTS
INTERIM CFO
Jenifer
Cua promoted following six years of contribution to CryptoLogic’s strong financial
results
May 27, 2004 (Toronto, ON) – CryptoLogic Inc., a leading software developer to the global Internet gaming market, announced today the appointment of Jenifer Cua as Interim Chief Financial Officer and Treasurer effective immediately. Cua will report directly to Lewis Rose, President and Chief Executive Officer, replacing Jim Ryan, the company’s incumbent CFO, who has left the employ of the company. A search has commenced for a new CFO to contribute to CryptoLogic’s continued growth.
“Jim’s departure is regrettable,” said Lewis Rose, CryptoLogic’s President and CEO. “For the past two years, Jim has been a valuable contributor to CryptoLogic in his role as CFO. He has left the company as a result of entering into employment discussions with a competitor of CryptoLogic.”
Ms. Cua joined the company in 1998 and was most recently Director, Treasury at CryptoLogic. She is a Certified Public Accountant and Certified General Accountant as well as holding a Master of Business Administration from Pace University in New York. Ms. Cua has a decade of accounting and controller experience including expertise in treasury management, budgeting, forecasting and fraud management functions.
“For CryptoLogic’s customers, shareholders and employees, it’s business as usual,” Rose added. “CryptoLogic continues in strong hands with Jenifer and the management team that has achieved consistent profitability and cash flow generation. Our priority focus remains on the disciplined execution of our strategy to continue our track record of delivering strong results.”
About CryptoLogic (www.cryptologic.com)
Focused on integrity and innovation,
CryptoLogic Inc. is the largest public online gaming software company serving the global
Internet gaming market. The company’s proprietary 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 more information on WagerLogic, visit
www.wagerlogic.com.
CryptoLogic’s common shares trade on the Toronto Stock Exchange (symbol: CRY), the Nasdaq National Market (symbol: CRYP) and the Main Market of the London Stock Exchange (symbol: CRP).
|
For more information, please contact: CryptoLogic, (416) 545-1455 Nancy Chan-Palmateer, Director of Communications Lewis Rose, Chief Executive Officer |
Financial Dynamics, + 44 20 7831 3113 (UK media) Juliet Clarke, juliet.clarke@fd.com Edward Bridges, edward.bridges@fd.com Argyle Rowland, (416) 968-7311 (North American media) Daniel Tisch, ext. 223/ dtisch@argylerowland.com Melissa Chang, ext. 239/ melissa@argylerowland.com |
CRYPTOLOGIC FORWARD LOOKING STATEMENT DISCLAIMER:
Statements in this press release
which are not historical are forward-looking statements made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995. Investors are
cautioned that all forward-looking statements involve risks and uncertainties including,
without limitation, risks associated with the Company’s financial condition and
prospects, legal risks associated with Internet gaming and risks of governmental
legislation and regulation, risks associated with market acceptance and technological
changes, risks associated with dependence on licensees and key licensees, risks relating
to international operations, risks associated with competition and other risks detailed in
the Company’s filings with securities regulatory authorities. These risks may cause
results to differ materially from those projected in the forward-looking statements.
Tel (416) 545-1455
Fax (416) 545-1454
1867 Yonge Street, 7th Floor, Toronto, Canada M4S 1Y5