Zone4Play names new board members

15 Oct 2007

WILMINGTON, Delaware -- (PRESS RELEASE) -- Zone4Play, Inc. ("Zone4Play" or the "Company") (OTCBB: ZFPI), a developer and operator of interactive software and technology for the betting and gaming industry, announced today the addition of Michael Chill and Mr. Niv Zilberstein to its Board of Directors. The Company further announced that Oded Zucker and. Shlomo Rothman have resigned from their positions as members of its Board of Directors.

Mr. Chill currently serves as director and as the financial expert of the audit committee of Blue Phoenix, Inc. (NASDAQ: BPHX.). Since July 2003, Mr. Chill has served as investment manager at the hedge fund Iroquois Capital LOP. Prior to that, Mr. Chill was an independent advisor to various high technology companies and venture capital firms both in Israel and the United States. During 2002 and the first half of 2003, Mr. Chill served as the president and head of investment banking department at Jerusalem Global Ltd., a venture capital and investment banking firm. Prior to that, from 1999, Mr. Chill served as a managing director in the technology investment banking group at Gruntal and Co. Mr. Chill holds a B.S. degree in accounting from the Sy Syms School of Business at Yeshiva University and an MBA degree from Columbia University Business School.

Since 2003, Mr. Zilberstein has been the Vice President, Operations & Logistics for Pelephone Communication Ltd., Israel's first and one of its leading wireless communications companies. He is also a member of Pelephone's executive board. Mr. Zilberstein holds a B.A degree in behavioral sciences and human resources management from the College of Management in Israel and an MBA degree from Bar Ilan University.

The current Board of Directors of the Company now consists of: Mr. Adiv Baruch - Mr. Baruch is the President CEO and Director of Pinpoint Advance Corp. Ltd. (OTCBB: PPAC) and a director in several public and private companies, Mr. Shimon Citron - Zone4Play's founder and former Chief Executive Officer, Mr. Niv Zilberstein and Mr. Michael Chill.

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	Zone4Play names new board members 15 Oct 2007 <a href='https://ad.casinocity.com/adclick.php?n=a21efcd1'><img src='https://ad.casinocity.com/adview.php?what=-site:vendors/width:250/RON&n=a21efcd1' border='0' alt='' /></a> WILMINGTON, Delaware -- (PRESS RELEASE) -- Zone4Play, Inc. ("Zone4Play" or the "Company") (OTCBB: ZFPI), a developer and operator of interactive software and technology for the betting and gaming industry, announced today the addition of Michael Chill and Mr. Niv Zilberstein to its Board of Directors. The Company further announced that Oded Zucker and. Shlomo Rothman have resigned from their positions as members of its Board of Directors. Mr. Chill currently serves as director and as the financial expert of the audit committee of Blue Phoenix, Inc. (NASDAQ: BPHX.). Since July 2003, Mr. Chill has served as investment manager at the hedge fund Iroquois Capital LOP. Prior to that, Mr. Chill was an independent advisor to various high technology companies and venture capital firms both in Israel and the United States. During 2002 and the first half of 2003, Mr. Chill served as the president and head of investment banking department at Jerusalem Global Ltd., a venture capital and investment banking firm. Prior to that, from 1999, Mr. Chill served as a managing director in the technology investment banking group at Gruntal and Co. Mr. Chill holds a B.S. degree in accounting from the Sy Syms School of Business at Yeshiva University and an MBA degree from Columbia University Business School. Since 2003, Mr. Zilberstein has been the Vice President, Operations & Logistics for Pelephone Communication Ltd., Israel's first and one of its leading wireless communications companies. He is also a member of Pelephone's executive board. Mr. Zilberstein holds a B.A degree in behavioral sciences and human resources management from the College of Management in Israel and an MBA degree from Bar Ilan University. The current Board of Directors of the Company now consists of: Mr. Adiv Baruch - Mr. Baruch is the President CEO and Director of Pinpoint Advance Corp. Ltd. (OTCBB: PPAC) and a director in several public and private companies, Mr. Shimon Citron - Zone4Play's founder and former Chief Executive Officer, Mr. Niv Zilberstein and Mr. Michael Chill.