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Zone-IP Limited (ZIP)

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Wednesday 09 June, 2010

Zone-IP Limited

Completion of Tender Offer for Zone-IP Shares

                                 ZONE-IP LTD.                                  

                 COMPLETION OF TENDER OFFER FOR ZONE-IP SHARES                 

Ra'anana, Israel - June 9, 2010 - Emblaze Ltd., Dr. Hans Wagner and Mr. Tal
Barnoach (the "Offerors"), announced today that the tender offer commenced by
them on May 10, 2010 to purchase from the holders of shares of Zone-IP Ltd.
("Zone-IP") all of the issued and outstanding share capital of Zone-IP not
already held by the Offerors has been successfully completed.

The cash consideration for all shares purchased by the Offerors will be
distributed within 45 days.

Contact of inquiries:

Hagit Gal

T: +972 (9) 7699339

As stated in the admission document relating to the admission of Zone-IP to
AIM, transactions in Zone-IP shares are not subject to the provisions of the
United Kingdom Takeover Code and accordingly the protections provided to
shareholders under the Takeover Code are not available to holders of Zone-IP