Product Launch

Z Group PLC
31 March 2006





31 March 2006



                                  Z GROUP PLC

                          ('Z GROUP' or the 'Company')



       Commercial Launch of Revolutionary Friend to Friend File
          Sharing Product



Z GROUP, the marketing-led technology services company, is pleased to announce
that it has completed the development of its breakthrough file sharing software,
OnShare, and has commenced commercial roll out by initiating a seeding plan via
targeted media and inviting a selected user base to start using the software
from today.





OnShare has been developed by former MOD scientists and uses patented military
grade security.  Its 2048 bit encryption makes it virtually impossible for
OnShare connections between users to be breached.  OnShare allows users to
securely share any content held on their computers with people they know and
trust, ensuring that users have complete control over which files are shared and
with whom.  For the first time users can now, with the OnShare technology,
create a secure Instant Private Network (IPN) over any Internet connection with
no upfront cost and without the need for any hardware. OnShare also integrates
at the lowest level of Windows possible, allowing easy file sharing from within
any Windows application.





Key Features of the OnShare software:



•          Enables secure sharing of any files and folders between PCs without
           the need for a conventional network connection

•          Creates real time dynamic networks over any Internet connection

•          Integrates into Windows

•          Transparently operates through software or hardware firewalls

•          Delivers secure chat functionality including real time file sharing

•          Downloads and installs easily





Jack Bekhor, Joint CEO of Z GROUP, commented:



'OnShare is a significant product launch for Z GROUP and addresses a massive
market. The initial target market is the 150 million instant messaging user
audiences in the UK and USA. OnShare is highly innovative and we believe that
its patented military grade security carries a tremendous competitive advantage
over other networking software. OnShare is being launched in response to the
ever growing requirement for file sharing by Internet users. By the end of 2004
P2P file sharing accounted for 60% of all Internet traffic. It outstrips every
other communication and distribution protocol and is still growing tremendously
(source: Andrew Parker, Cachelogic). The Directors believe OnShare will be an
important source of future growth for Z Group.'





About Z GROUP

Founded in 2002, Z GROUP is a successful, publicly listed London-based
technology company which acquires, licences and develops technologies and
profitably commercialises them through proven branded marketing techniques,
offering cutting edge, easy to use and affordable software.



With over half a million customers to date, Z GROUP has five software business
lines:



•   OnShare: proprietary and revolutionary friend to friend file sharing
    software enabling highly secure communication between small or large groups 
    of users

•   ONSPEED Mobile: unique mobile phone acceleration software, which speeds up 
    and optimises slow Internet connections and helps users control associated 
    costs

•   ONSPEED: the fastest Internet acceleration software on the market, which 
    instantly enables any PC, Mac or Pocket PC user to browse and email at near
    Broadband speeds by using a 9-patented compression technology

•   Net2Roam and NetAway: services that allow individuals and SMEs to obtain 
    local Dial-up access numbers worldwide at rates below normal international 
    rates

•   Onbidder: a service that integrates into eBay, making a user's bid at the 
    last second of an auction - giving the user the best chance to win their
    item at the best possible price.



For more information on the group, visit www.zgroupplc.com




Enquiries:


Z GROUP PLC
Jack Bekhor/Jamie True, Joint Chief Executive Officers             08700 111 173
Saskia Hopmann, Public Relations                                   020 7952 4026
Holborn PR
David Bick/Mike Feltham                                            020 7929 5599
Panmure Gordon & Co
Aubrey Powell/Stuart Gledhill                                      020 7459 3600




                      This information is provided by RNS
            The company news service from the London Stock Exchange