Comments on the 20 Million Dollar ZKid Network Company/Sharing Way LLC Pre-Paid Mastercard Sales/Marketing Agreement

Share Name	Share Symbol	Market	Type
Zkid Network Co (MM)	NASDAQ:ZKID	NASDAQ	Common Stock

Zkid Network (NASDAQ:ZKID)
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Comments on the 20 Million Dollar ZKid Network Company/Sharing Way LLC Pre-Paid Mastercard Sales/Marketing Agreement CHICAGO, Dec. 22 /PRNewswire-FirstCall/ -- ZKid Network Company (OTC:ZKID) (BULLETIN BOARD: ZKID) would like to explain certain elements of the Sharing Way LLC Pre-Paid Mastercard / ZKid Network Company Agreement. Beginning in January-February 2005, the Sharing Way LLC Pre-Paid Mastercard will be in the hands of 100,000 members. Using Sharing Way's projections of an average of 40,000 new members a month, ZKid Network Company projects there will be 500,000 members by the end of 2005. Every member of Sharing Ways Pre- Paid Mastercard automatically becomes a member of ZKid Network Company. They receive ZKid Network Company safe internet FREE for 6 months. Starting month seven, ZKid Network Company will opt-in debit bill all Sharing Way/ZKid Network members a monthly subscription fee. By memberships beginning at the end of January 2005, our first billing will occur in August of 2005. Revenues will be split between Sharing Way LLC, the ministry where the member's card originated, and ZKid Network Company. ZKid Network Company projects revenues to start in August 2005. Gross revenue projections are 2.5-3.5 million dollars by year end 2005. ZKid Network Company projects 1.8 million gross profit from this projected number. Following these projections for the year 2006, with the cumulative Sharing Way/ZKid Pre-Paid Mastercard membership to be conservatively 1 million members, gross subscription revenue is projected to be 16-18 million dollars for the year. ZKid Network Company projects a gross profit of 8-10 million dollars for the year 2006. Also taken into account in these projections are opt-out rates, attrition rates, and non refilling of pre-paid Mastercards. What is not taken into account in these projections is the amount of new subscribers ZKid Network Company will reap by being marketed out to Sharing Way LLC's 28 million members. With a conversion rate of 2-3 percent ZKid Network Company will be the beneficiary of 50-70 thousand additional monthly members not included in the previous projections. Also ZKid Network Company will be developing and marketing our faith based "Noah's Web" web site, which all Sharing Way LLC members will be able to enjoy. ZKid Network Company CEO Donald Weisberg said, "After being a floor broker at the Chicago Board of Trade for more than 20 years, I should understand the concept of buy the rumor and sell the fact, but this is ridiculous. All kidding aside, this new venture will allow us to fund any buy-back of ZKid common stock as indicated in earlier press releases, repay any lines of credit, and buy and develop new technology and content that will keep children safe and entertained on the internet. My goal is to increase shareholder value and to treat my shareholders as valued members of the ZKid Network Company family. Also I believe we have found a new niche marketing strategy, allowing charities to make money by becoming a revenue sharing partner with ZKid Network Company. Allowing major charities to share in monthly subscription fees in exchange for the opportunity of new subscribers. At the present time I am in the middle of two other negotiations with major charities, which I hope to conclude in January-February of 2005. I wish everyone a happy holiday season." ZKid Network Company is a proprietary software company dedicated to providing a totally safe environment for children. ZKid's software provides safe internet, e-mail and chatroom capabilities as well as fully animated education/entertainment content for children ages 4-10. Subscribers can participate in a Virtual Private Network (VPN) specifically designed to provide a totally safe environment for children. About Sharing Way LLC: Sharing Way LLC is a charitable organization which provides a Debt Free Sharing Way Pre-Paid Mastercard Program to its core audience of 28 million families to support church or favorite charity everyday. For investor information, contact Equitilink PR: Mr. Ron Gardner at 858-824-1940 or visit our new website at http://www.zkidnetwork.com/ . Safe Harbor Provisions: Safe Harbor Act Notice... This release may contain forward-looking statements that involve risks and uncertainties, including without limitation, acceptance of the Company's products, increased levels of competition, product and technological changes, the Company's dependence on financing and third party suppliers, and other risks detailed from time to time in the Company's federal filings, annual report, offering memorandum or prospectus. Specifications are subject to change without notice. DATASOURCE: ZKid Network Company CONTACT: Mr. Ron Gardner for ZKid Network Company, +1-858-824-1940 Web site: http://www.zkidnetwork.com/

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ZKID Zkid Network Co (MM)