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The Zootec Group Launches Zoogi

Zoogi is a virtual meeting room, independent of any game site, where online game players can play against each other for real money while conversing and collaborating using instant messaging and chat communication.

Zoogi was announced following extensive field tests with the participation of avid online game players, proving the Zoogi concept that people are willing to put their money where their mouth is and place one-on- one bets on skills based games.

``Zoogi is changing the way online games are being played. It is an asset to different kinds of game sites and networks, offering a new source of traffic, increased site and game stickiness, and most importantly a non- advertising based business model that works'' said Michael Gutman, founder of Zootec.

``We are currently in ongoing discussions with numerous game sites and publishers to facilitate their own users to play skills-based games for real money against each other,'' added Gutman.

By using a pre-paid or credit card, players can deposit money into Zoogi, agree on a wager, and play the game at any site they agree on. When the game is over, the players declare, through Zoogi, who won and the winnings are transferred to the appropriate player. Each player can see, on his own Zoogi, how much he has earned, how much he can withdraw, and how much he has available for playing. Zoogi simulates a real world game-playing environment, using a numerical rating system (ranging from 1200 to 2500 points) according to skill, as well as its own credibility ranking as an indicator of a player's trustworthiness for real money games.

About Zootec

Founded in 1999, Zootec B.V designs, develops and markets technologies and solutions for the online gaming community. Zootec is headquartered in the Netherlands and has an R&D facility based in Ramat Gan, Israel. Zootec is backed by venture capital firm eXseed Technology Investments and private European investors.

For more information, please visit Zootec's website at www.zootec.com or Zoogi's website at www.zoogi.com

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