EXHIBIT 99.1

           ZONE4PLAY CONSIDERING SPIN-OFF OF ITS MULTIPLAYER BLACKJACK
                         TOURNAMENTS GAMING TECHNOLOGY

WILMINGTON, Delaware, June 20, 2006 - Zone 4 Play, Inc. ("Zone4Play" or the
"Company") (OTCBB: ZFPI.OB - NEWS), a leading developer of interactive gaming
technology, announced today that it is considering to spin-off to its
shareholders its newly-developed multiplayer Blackjack tournaments gaming
technology (the "Software"). The spin-off company -"Newco" will, as a separate
entity, further develop and market the Software, enabling internet users to
participate in multiplayer Blackjack tournaments. Final schedule of the
contemplated spin-off transaction if any, has not yet been determined.
Zone4Play's decision to proceed is dependent on the results of a regulatory and
tax analysis that has not been completed.

If the transaction proceeds, Zone4Play intends to incorporate Newco as an
off-shore company that will purchase the Software from Zone4Play based on a
valuation that has been prepared by an independent economist. In addition,
Zone4Play may lend seed capital to Newco in the anticipated amount of $2
million, to be secured by all assets of Newco. Thereafter, Zone4Play's board of
directors will announce and set a record date for a dividend distribution of the
shares of Newco to its shareholders, on a one-to-one pro rata basis as of such
record date.

Newco, through two fully owned entities, will have two main business models: one
to market the product directly to consumers and the second to further develop
and license the Software to third parties based on a license fee and revenue
share basis.

"We believe that the spinoff transaction is the preferred way to pursue this
business opportunity for the benefit of our shareholders", said Shimon Citron,
CEO of Zone4Play. "Zone4Play will maintain its current business as a software
and technology developer and provider to the interactive gaming industry,
delivering cross-platform systems that are built for mass participation gaming
over all interactive platforms and to be a major part of the next generation
gaming industry"

For further information, please refer to Zone4Play's Current Report on Form 8-K,
as filed with the Securities and Exchange Commission on June 20, 2006.

ABOUT ZONE4PLAY:

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 participating 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, the content of which is not part of this press
release.




Safe Harbor

This press release may contain 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 spinoff
transaction is the preferred way to pursue this business opportunity for the
benefit of our shareholders, or that Zone4Play will maintain its current
business as a software and technology developer and provider to the interactive
gaming industry, delivering cross-platform systems that are built for mass
participation gaming over all interactive platforms and to be a major part of
the next generation gaming industry, we are using a forward looking statement.
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. The following
factors, among others, could cause actual results to differ materially from
those described in the forward-looking statements: changes in technology and
market requirements; decline in demand for Zone4Play's products; inability to
timely develop and introduce new technologies, products and applications; loss
of market share and pressure on pricing resulting from competition, strength and
growth of the gaming industry, gaming regulatory environment, 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. For a more detailed description of the risk
and uncertainties affecting Zone4Play, reference is made to Zone4Play's reports
filed from time to time with the Securities and Exchange Commission.

PRESS CONTACT: Caroline Cohen, Koteret Public Relations.
Email: Caroline_c@koteret.com or Tel: +972-3-575-5778 x112.