Online gambling technology co Zone4Play heads for AIM

The company is traded on the Wall Street Bulletin Board at a market cap of $40 million.

Israeli interactive gambling company Zone4Play is planning an issue on the Alternative Investment Market (AIM) in London. Company co-founder, president, and CEO Shimon Citron owns 13.6% of the company, and Maccabi Tel Aviv basketball coach Pinhas (Pini) Gershon owns 11.3%.

Zone4Plan is traded on the Wall Street Bulletin Board at a market cap of $40 million. Founded in 2001, the company provides technology and software for interactive gambling and games on wireless networks, television, and Internet sites.

Published by Globes [online] - www.globes.co.il - on August 31, 2005

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