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Golden Palace to Have Multi-player Blackack Tournaments

Thursday, November 09, 2006
WILMINGTON, Delaware -- Zone4Play, Inc., a leading developer of interactive software and technology for the betting and gaming industry, announced today that its indirect subsidiary RNG Gaming Ltd
  ("RNG") has signed a non-exclusive license agreement valued at over $1 million with industry leader Golden Palace Ltd.  which will now offer non-U.S. customers a new multiplayer Blackjack tournament service based on software developed by RNG Gaming.
The agreement allows for Golden Palace poker players to be integrated into a single E-Cash wallet, to enhance the cross-marketing opportunities between Golden Palace poker players and the new multiplayer blackjack tournament service. Golden Palace online poker players will be able to participate in the game by using their existing account without the need to re-register.
The deal valued at over $1M based on guaranteed fees and royalties marks the first license agreement for RNG Gaming and lays the cornerstone for RNG's multiplayer Blackjack network. RNG Gaming was established to further develop and license the blackjack gaming technology through partnerships based on a license fee and revenue share.
"The Tournament Blackjack software is an exciting new addition to the Golden Palace group of games," said Golden Palace 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, partnered with Golden Palace ten-year tradition of online gaming excellence is a winning combination."
Shimon Citron, CEO of Zone4Play, commented: "This considerable agreement is a clear endorsement of our technically superior product and we believe that our software will benefit Golden Palace players by offering a richer gaming experience. We look forward to a long and successful relationship with Golden Palace and expect that other players in the market will follow suit."
Mohawk Territory of Kahnawake
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