Installing is not possible, as far as I know, with the bundled jre and not possible with FC 8 bundled jre Ice-tea. You should download and install Sun’s jdk to install. You can find very thorough and good instructions from Mauriat Miranda how to do that. You do not have to set the Sun’s kit as the default but you can if you wish.

After installing Sun’s java you have to do a slight modification to it due a problem with a xcb. If you scroll down a bit on that problem entry you’ll find the workaround. In my case it meant following:

cd /usr/java/latest/jre/lib/i386
sudo sed -i 's/XINERAMA/FAKEEXTN/g' xawt/libmawt.so
sudo sed -i 's/XINERAMA/FAKEEXTN/g' headless/libmawt.so

Then I was able to successfully install Zend Neon Beta with following command:

./ZendStudioNeon-BETA.bin LAX_VM /usr/java/latest/bin/java