CoreStream Energy, Inc. (PINKSHEETS: ZLUS) is pleased to announce the closing of its first oil and gas lease, changes of its CEO and Board of Directors, and updates to its shareholders and the investment community on a number of its business activities. CoreStream intends to operate in a very transparent style and in the coming weeks a new web site will allow the company to keep its shareholders and other interested parties up to date on the company, its activities, and growth.

The company has successfully closed its first lease and intends to drill the first oil well in the next 90 days. The lease, Sanders#1, is in La Salle Parish, LA, an area where reserves are proven but undeveloped (PUD), offers multiple drilling opportunities, and is expected to show large recoverable reserves. The well is expected to have a total depth of around 5,000 ft. CoreStream has a 75% working interest in the lease.

This lease is the first of a number of business activities currently under consideration and in various stages of closure. The company intends to keep its shareholders updated upon future significant business activities.

The company has had a change in its leadership and Directors in conjunction with its name change to CoreStream Energy and its new business direction. Resignations from Milton "Todd" Ault III as the CEO and Director and Michael Edwards as a Director have been accepted. Chris Rainbolt, in addition to being the new CEO, has taken on the responsibility of a Director and the COB. Also joining CoreStream as a Director is James Kevin Adkins. Mr. Adkins brings to the company an extensive background in commercial banking and finance. Additional Board members are expected to be announced in the coming weeks.

CoreStream Energy's corporate philosophy and direction with respect to energy development as it begins its public life is stated by Chris Rainbolt as, "We intend to drill in areas of proven reserves and purchase existing production with large geological offset opportunities. On-going world energy requirements and the current fiscal climate offer outstanding opportunities in these market tiers for companies that are not over leveraged."

Additional business activities

  • CoreStream Energy's principle management team:
    • Chris Rainbolt, CEO Chris comes from a family that for three generations has played a role in the oil & gas industry primarily in Oklahoma and Texas. Chris now follows in those footsteps with a personal dedication to oil & gas. Most recently he founded and was CEO of Rainbolt Group Consulting which was focused on the investing in and the financing of oil & gas opportunities. Prior to that, Chris was the managing director of an investment banking firm on the West Coast, as well as a partner is a successful Fund of Funds hedge fund. A graduate of Oklahoma University in Finance, Chris has recently moved his family, including his three children, from Norman, OK, to the Dallas, TX area in order to establish CoreStream Energy in a very important hub for energy development and management.
    • James Kevin Adkins, consulting COO Kevin is jointly responsible for managing all aspects of CoreStream Energy's daily operations. His expertise consists of consulting strategically with customers and suppliers, negotiating complex contractual agreements, and helping CoreStream Energy maximize its presence and value in the financial marketplace. Kevin joined CoreStream Energy with the primary focus of leading the company's daily operational and administrative functions. Prior to joining CoreStream Energy, Kevin spent twenty-two years in the commercial banking and commercial equipment finance industries working with various clients, including many oil and gas companies, to consult, structure and execute hundreds of millions of dollars in financing agreements. With sales and management experience in start-up, origination and syndication functions and a strong financial and documentation background, Kevin is sees an excellent opportunity to aggressively expand CoreStream Energy's market presence. Kevin received his Bachelor's Degree in Finance from the University of Oklahoma in 1987 and an MBA from the University of Kansas in 1992.
    • Lew Graham, Secretary Lew has agreed to remain as Secretary of the company during the divestment period of the next six months.
    • Corporate Headquarters has been opened in Irving, TX at: 6565 N, Macarthur Blvd., Suite 225, Irving, TX 75039 Tele 214-624-5200
  • CoreStream has retained the services of Goolsby, Proctor, Heefner & Gibbs, Oklahoma City, OK to handle contracts and legal matters going forward.
  • All the assets and liabilities of the previous operations of Zealous prior to July 22, 2010, have been placed in an escrow account where all distribution and resolution is proceeding under the guidance of Mr. Lew Graham. The escrow account's two primary business activities are Health & Wellness and the Adult Social Network. Both of these major entities have pending sales in progress. CoreStream could receive significant cash in the coming months from the proceedings in this escrow account depending on final terms and conditions.
  • The company intends to become fully reporting as quickly as possible. The previously delayed K is expected to be filed in the comings days. The Q for the period ending March 31, 2010 is expected to follow in the coming weeks.
  • Filings have been made to FINRA to formalize the name change. With respect to a symbol change, as of June 1, 2010 FINRA has adopted a policy of not accommodating requests for a change in the trading symbol until further notice. FINRA has indicated that a new policy for symbol changes will be released later this year and at that time CoreStream will consider the possibility. Therefore, for the near future, shareholders can expect that the symbol "ZLUS" will continue to be used.
  • The corporate web site is expected to be developed and operational in September. The company intends to keep the site current and interactive to provide as much transparency as possible on its activity in the oil and gas industry.
  • The company's IR contact is Gary Patterson. To insure prompt response the company encourages questions and comments be directed to Gary at ir@corestreamenergy.com or 714-369-2933.

About CoreStream Energy, Inc. CoreStream Energy, Inc., a Nevada Corporation, is focused primarily on the US oil and gas energy markets. It currently trades on the OTC Markets as ZLUS.PK.

Forward-Looking Statements This press release contains certain forward-looking statements. These forward-looking statements can generally be identified as such because the context of the statement will include words such as CoreStream Energy, Inc. "plans," "expects," "should," "believes," "anticipates" or words of similar importance. Stockholders, potential investors and other readers are cautioned that these forward-looking statements are predictions based only on current information and expectations that are inherently subject to risks and uncertainties that could cause future events or results to differ materially from those set forth or implied by the forward-looking statements. Certain of those risks and uncertainties are discussed in our filings with the Securities and Exchange Commission, including our annual report on Form 10-K and quarterly reports on Form 10-Q. These forward-looking statements are only made as of the date of this press release and CoreStream, Inc. does not undertake any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

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Investor contact: Gary Patterson Investor Relations ir@corestreamenergy.com 714-369-2933