Zone4Play Announces Financial Results for Year End 2005

Zone4Play Announces Financial Results for Year End 2005

WILMINGTON, Delaware, April 11/PRNewswire-FirstCall/ -- Zone4Play, Inc. ("Zone4Play" or the "Company") (OTCBB: ZFPI.OB. - News),
a leading developer of interactive gaming technology,
announced today its financial results for the year ended December 31, 2005
and the completion of a placement of common stock and warrants for gross
proceeds of approximately $6.5 million.

Highlights for 2005 include:

- Revenues grew on a sequential yearly basis by 38%, from
$768,824 in 2004 to $1,062,420 in 2005..

- Despite the fact that mobile gaming market is still in its
infancy, mobile solutions revenues grew by almost five times during 2005,
from $30,988 in 2004 to $171,794 in 2005.

- Interactive TV revenues grew on a sequential yearly basis by 43%,
from $505,457 in 2004 to $725,027 in 2005.

- Worldwide revenues include 4 continents: North America, Europe,
Australia and Asia (the Far East).

- Research and development expenses grew substantially by 89%, from
$1,347,960 in 2004 to $2,549,635 in 2005. R&D efforts were focused on
completing most of the Company's unique products, especially its patent
pending Multi Player Black Jack tournament solution, its patent pending
Broadcast TV (Participation TV) gaming services and its proprietary
mobile gaming solution.

"Zone4Play's continued growth reaffirms our commitment to
maintaining our position as a leader in the delivery of gaming software
across multiple platforms", said Shimon Citron, Zone4Play's CEO and
President. "Our commitment to creating unique applications across the gaming
spectrum has enabled us in 2005 to sign agreements with some of the world's
largest gaming operators including Coral/Eurobet and Betfair."

Commenting on the Company's continued prospects for 2006, Mr.
Citron stated, "We believe that Zone4Play's position as the leading provider
of end-to-end gaming solutions across multiple platforms will continue to
drive our growth for the rest of 2006 as shown by our recent contract
successes. Our goal is to achieve profitability and growth, through broader
penetration of our products among our existing customers, assertive
development of new customer opportunities and by introducing our unique
online Multi Player Black Jack tournament and our Participation TV gaming
services to the gaming market. Based on our current pipeline, we believe we
can achieve revenues of at least $3 million in the next 12 months."

"The $6.5 million funding evidenced investors' confidence in the strength
of our product offerings and our roll-out strategy. We are enthusiastic about
the new investors who took part in the offering. We are confident that they
will bring their knowledge and experience in working with young, high-growth
companies such as ours." Mr. Citron added, "The funding will be used to
strengthen our sales and marketing focus with the goal of securing additional
partnerships with global brands and achieving new opportunities for our
unique interactive e-gaming technologies."

"Additionally, we continue to acknowledge the strategic
importance of the London public markets given recent developments in the UK
gaming industry and the increasing demand from UK clients for our products
and services. During this year we intend to continue to closely evaluate
listing of securities on the AIM market," commented Citron.

About Zone 4 Play, Inc.

Zone4Play, a leading developer of interactive software and
technology for the betting and gaming industry, delivers cross-platform
solutions that are built for mass participation gaming. Zone 4 Play is a
software and technology provider to UK bookmakers, online gaming operators,
betting exchanges and to US cable, satellite and hospitality service
providers, delivering online solutions, mobile solutions, interactive TV
solutions and participation SMS-TV solutions. Zone4Play works with industry
giants such as British Telecom, Coral Eurobet, Betfair, Channel 5 (UK),
Cablevision and Lodgenet. For more information visit http://www.Zone4Play.com
, which website is not part of this press release.

Forward Looking Statements

This press release contains forward-looking statements within the meaning
of the "safe harbor" provisions of the Private Securities Litigation Reform
Act of 1995 and federal securities laws. For example, when we say that the
Company's recent funding will be used for sales and marketing, additional
partnerships and new opportunities, that we believe that the Company's
position will continue to drive our growth for the rest of 2006, or that we
intend to continue to evaluate listing on the AIM market, or when we
discussed expected revenues in the next 12 months, we are using forward
looking statements. These forward-looking statements are based on the current
expectations of the management of Zone4Play only, and are subject to a number
of factors and uncertainties that could cause actual results, performance or
achievements of Zone4Play, including revenues, income and expenses, to differ
materially from those described in or implied by these forward-looking
statements. Such factors include risks relating to Zone4Play's anticipated
future financial performance and growth, the availability of favorable
partnership or other investment opportunities, market acceptance of
Zone4Play's products, the ability of Zone4Play's products to continue to
remain reliable and easy to use without interruption, the market conditions
for securities such as the Company's in the United Kingdom and elsewhere and
other factors over which Zone4Play may have little or no control. Zone4Play
undertakes no obligation to publicly release any revisions to these
forward-looking statements to reflect events or circumstances after the date
hereof or to reflect the occurrence of unanticipated events. This list is
intended to identify only certain of the principal factors that could cause
actual results to differ. For a more detailed description of the risks and
uncertainties affecting Zone4Play, reference is made to Zone4Play's reports
filed from time to time with the Securities and Exchange Commission.

Contact: Caroline Cohen, Zone4Play Press Officer,
+972-3-575-5778 x112 / caroline_c@koteret.com

Source: Zone4Play Inc.

Contact: Caroline Cohen, Zone4Play Press Officer, +972-3-575-5778 x112 / caroline_c@koteret.com

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