E-gaming software leader to invest in Korean game developer Mobilebus Inc.

CryptoLogic Limited, a world leader in Internet gaming software, continued its expansion into Asia with an agreement to take a substantial minority interest in South Korea's Mobilebus Inc., one of Asia's fastest-growing mobile and PC game developers and publishers. CryptoLogic will have representation on the Mobilebus board of directors and the option to increase its ownership to a majority position in the future. The deal is expected to close within 30 days.

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