Zone4Play Launches Gaming Ventures

17 Aug 2006

WILMINGTON, Delaware – (PRESS RELEASE) -- Zone 4 Play, Inc. (OTCBB: ZFPI), a leading developer of interactive gaming technology, announced today that it has founded Gaming Ventures PLC - a wholly owned subsidiary incorporated in the Isle of Man, in order to further enhance, market and operate its newly-developed multiplayer Black Jack tournaments gaming technology, enabling Internet users to participate in multiplayer Black Jack competitions where permitted by law.

Gaming Ventures purchased the Black Jack gaming technology from Zone4Play based on a valuation made by an independent appraiser. On August 4, 2006, Gaming Ventures filed a registration statement with the Securities and Exchange Commission. To complete the spin-off, Zone4Play plans to set a record date for a dividend of the shares of Gaming Ventures to Zone4Play's shareholders as of such record date, on a one-to-one pro rata basis.

Gaming Ventures will have two main business models: one, through its wholly owned subsidiary, Get21 Ltd ("Get21"), to market the multiplayer Black Jack tournaments gaming directly to consumers and the second, through it's wholly owned subsidiary, RNG Gaming Ltd, to further develop and license the Black Jack gaming technology to third parties based on a license fee and revenue share basis.

Get21 is expected to launch a Black Jack tournament service to non-US customers in mid September. Get21 will seek to outsource to a third party the part of operation that will include payment processing, customer support and fraud and collusion prevention, while it retains and focuses on player acquisition.

"We believe that the Black Jack tournaments gaming technology is a valuable asset and that the founding of Gaming Ventures is the preferred way to pursue this business opportunity for the benefit of our shareholders", said Shimon Citron, CEO of Zone4Play.

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	Zone4Play Launches Gaming Ventures 17 Aug 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) -- Zone 4 Play, Inc. (OTCBB: ZFPI), a leading developer of interactive gaming technology, announced today that it has founded Gaming Ventures PLC - a wholly owned subsidiary incorporated in the Isle of Man, in order to further enhance, market and operate its newly-developed multiplayer Black Jack tournaments gaming technology, enabling Internet users to participate in multiplayer Black Jack competitions where permitted by law. Gaming Ventures purchased the Black Jack gaming technology from Zone4Play based on a valuation made by an independent appraiser. On August 4, 2006, Gaming Ventures filed a registration statement with the Securities and Exchange Commission. To complete the spin-off, Zone4Play plans to set a record date for a dividend of the shares of Gaming Ventures to Zone4Play's shareholders as of such record date, on a one-to-one pro rata basis. Gaming Ventures will have two main business models: one, through its wholly owned subsidiary, Get21 Ltd ("Get21"), to market the multiplayer Black Jack tournaments gaming directly to consumers and the second, through it's wholly owned subsidiary, RNG Gaming Ltd, to further develop and license the Black Jack gaming technology to third parties based on a license fee and revenue share basis. Get21 is expected to launch a Black Jack tournament service to non-US customers in mid September. Get21 will seek to outsource to a third party the part of operation that will include payment processing, customer support and fraud and collusion prevention, while it retains and focuses on player acquisition. "We believe that the Black Jack tournaments gaming technology is a valuable asset and that the founding of Gaming Ventures is the preferred way to pursue this business opportunity for the benefit of our shareholders", said Shimon Citron, CEO of Zone4Play.