Golden Palace, RNG Gaming Sign Deal

14 Sep 2006

WILMINGTON, Delaware -– (PRESS RELEASE) -- Zone4Play, Inc. ("Zone4Play" or the "Company") (OTCBB: ZFPI), a leading developer of interactive software and technology for the betting and gaming industry, announced today that world-leading online gaming operator Golden Palace Ltd has signed an investment agreement with RNG Gaming Ltd., an indirect subsidiary of the Company and with Gaming Ventures plc, a subsidiary of the Company. RNG is a subsidiary of Gaming Ventures, which the Company formed and intends to spin off to its shareholders once certain regulatory approvals are obtained. RNG Gaming Ltd. was established to further develop and license the Black Jack gaming technology to third parties based on a license fee and revenue share basis.

Golden Palace and Zone4Play expect that Blackjack's rising popularity will continue to grow worldwide. As Multiplayer Poker has become one of the fastest growing segments of the online gaming market, the Company believes that the Multiplayer blackjack tournaments have the chance to become similarly popular.

Under the current agreement, Golden Palace will invest $600,000 in exchange for 20% equity in RNG Gaming Ltd., with an option to acquire an additional 30% stake in the company at a valuation of $18m. Through the added value brought by Golden Palace's vast experience and longstanding market leadership, the current investment marks the industry's seal of approval for the white label model RNG Gaming.

"The Tournament Blackjack software is an exciting new addition to the Golden Palace group of games," said GoldenPalace.com CEO. Richard Rowe. "We expect Tournament Blackjack to skyrocket in popularity, and Golden Palace will be at the forefront of this new trend. RNG Gaming's superior software coupled with Golden Palace's ten-year tradition of online gaming excellence is a winning combination."

"While making headway with the spin-off of our exciting new multiplayer Black Jack gaming technology, we are thrilled to have industry leader Golden Palace as a partner", commented Shimon Citron, CEO and Founder of Zone4Play. "This agreement is not only a notable vote of confidence in the software; it serves as yet another testament to the success of our market strategy and innovative technology - and proves that we are playing to win."

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	Golden Palace, RNG Gaming Sign Deal 14 Sep 2006 <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 leading developer of interactive software and technology for the betting and gaming industry, announced today that world-leading online gaming operator Golden Palace Ltd has signed an investment agreement with RNG Gaming Ltd., an indirect subsidiary of the Company and with Gaming Ventures plc, a subsidiary of the Company. RNG is a subsidiary of Gaming Ventures, which the Company formed and intends to spin off to its shareholders once certain regulatory approvals are obtained. RNG Gaming Ltd. was established to further develop and license the Black Jack gaming technology to third parties based on a license fee and revenue share basis. Golden Palace and Zone4Play expect that Blackjack's rising popularity will continue to grow worldwide. As Multiplayer Poker has become one of the fastest growing segments of the online gaming market, the Company believes that the Multiplayer blackjack tournaments have the chance to become similarly popular. Under the current agreement, Golden Palace will invest $600,000 in exchange for 20% equity in RNG Gaming Ltd., with an option to acquire an additional 30% stake in the company at a valuation of $18m. Through the added value brought by Golden Palace's vast experience and longstanding market leadership, the current investment marks the industry's seal of approval for the white label model RNG Gaming. "The Tournament Blackjack software is an exciting new addition to the Golden Palace group of games," said GoldenPalace.com CEO. Richard Rowe. "We expect Tournament Blackjack to skyrocket in popularity, and Golden Palace will be at the forefront of this new trend. RNG Gaming's superior software coupled with Golden Palace's ten-year tradition of online gaming excellence is a winning combination." "While making headway with the spin-off of our exciting new multiplayer Black Jack gaming technology, we are thrilled to have industry leader Golden Palace as a partner", commented Shimon Citron, CEO and Founder of Zone4Play. "This agreement is not only a notable vote of confidence in the software; it serves as yet another testament to the success of our market strategy and innovative technology - and proves that we are playing to win."