Senior British Executive Joins Cryptologic Board

Published: Friday, October 07, 2005 Online-Casinos.com

SENIOR BRITISH EXECUTIVE JOINS CRYPTOLOGIC BOARD

Nigel Simon brings extensive European business expertise to turnkey provider

British businessman Nigel Simon has been appointed as a non-executive director to Cryptologic's Board. Simon, a veteran British executive, has more than 25 years of broad senior management and strategic experience in leading and managing international businesses. He has particular expertise in strategy, marketing, regulatory issues, sales, banking, corporate governance and mergers and acquisitions.

"Nigel Simon is an experienced executive with particular strengths in strategy and marketing, which will be an excellent complement to CryptoLogic's Board and leadership team," said Lewis Rose, CryptoLogic's President and CEO.

"Nigel's extensive background in international businesses - notably in the UK and Europe, CryptoLogic's core growth markets, and his familiarity with Asia - will add valuable insights as we continue to deliver some of the world's best Internet games to the world's best gaming brands."

Simon has led a multi-billion-dollar business in Continental Europe, as well as building Gallaher's substantial volume position in Russia, Kazakhstan and Asia. In doing so, he has demonstrated a track record for growing both market share and profits and has worked with leading investment banks, advertising agencies and management consulting firms around the globe.

Simon held senior management roles for 20 years with Gallaher Group PLC, an approximately GBP 4 billion FTSE 50 and NYSE-listed international tobacco company based in the UK, with sales in 68 countries and manufacturing locations in the UK, Austria, Kazakhstan, Poland, Romania, Russia, Ukraine and Sweden. Some of Simon's most notable achievements at Gallaher included growing the company's international profits by more than 600 percent over a ten year period, and leading the Euro 2.1 billion European acquisition and integration of an Austrian manufacturer.

He served for seven years as a Main Board Director of Gallaher and held positions as Chairman of Germany's largest vending retailer, and as a Board member for Germany's largest convenience store wholesaler.

In addition to his business interests, Simon also serves as a trustee for a major UK charity and as a mentor for the Prince's Trust - a charity founded by the Prince of Wales to help less-privileged young adults get their start in business.