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CryptoLogic (CRYP) Extends Relationship With Marvel (MVL)

June 22, 2009 7:56 AM EDT
CRYP Hot Sheet
Overall Analyst Rating:
    NEUTRAL (= Flat)
CryptoLogic Limited (NASDAQ: CRYP) announced the extension of its exclusive licensing agreement with Marvel Entertainment (NYSE: MVL), a relationship that has produced some of the company's most popular and profitable games.

Under the agreement, CryptoLogic retains its rights as the exclusive worldwide developer of Internet casino games based on Marvel's characters as they appear in the comic books through 2013. This is the third time CryptoLogic has extended its very successful licensing agreement with Marvel.

Boasting more than 280 games, CryptoLogic has one of the most comprehensive casino suites on the Internet today, with games featuring some of the world's most famous action and entertainment characters.
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