Online casino software developer, Cryptologic, has officially appointed their new CEO, Javaid Aziz, who will be replacing Lewis Rose from his post, which he held since July 2002. As part of a company headquarter relocation to Ireland, the appointment of Aziz comes at a time when Cryptologic's presence in Europe and Asia is very strong. Aziz has worked for over thirty years in the I.T. sector, was the former CEO of IBM United Kingdom and founded the wireless application service provider, Aspective Ltd., which has since been picked up by the global leader in mobile phone technology, Vodafone. He makes a strong choice for CEO, considering Rose's shoes will certainly be no easy task to fill.

Rose, who has been helping with the transition, announced he would step down as CEO and forgo the relocation for familial reasons. Rose has certainly laid a solid foundation for Cryptologic, having overseen its youthful entrepreneurial beginning to becoming one of the most trusted and innovative online gaming companies in the world. Rose was instrumental in shifting Cryptologic's business to the UK and Asia online gambling sector, not to mention the fact that he helped its market capitalization grow from $92 million in 1992 to $400 million currently.

Javaid Aziz expressed his readiness to join Cryptologic - a company which he is very familiar with. Aziz referred to Cryptologic as one of the technology sectors greatest success stories, and gave recognition to the integrity, innovativeness and financial track record which Cryptologic has worked very hard at developing and maintaining over the years. Aziz pledged to set a high standard for continued prosperity and expansion in the European and Asian online gambling markets.

Cryptologic now has one of the top performing online poker networks and casino package offerings of any software developer in the world. Recent big signings include William Hill, Holland Casino and the new Playboy Casino. Now with their company headquarters in Ireland (formerly in Canada), Cryptologic will be better suited to developing and strengthening these European relationships. Lewis Rose should be proud. For being one of the leading pioneers of the online casino industry, a tremendous round of applause is due to Mr. Rose for his steadfast vision into the future of the online gaming industry.