Business Wire: Chimera to Launch Full Suite of Casino Gaming Platform

Entertainment Editors/Business Editors

LAS VEGAS--(BUSINESS WIRE)--March 2, 2004

Chimera Technology Corp. ("Chimera") (Pink Sheets: CNOC) (http://www.chimeratechnology.com) today announced the addition of a casino games platform to complement the company's world-class sports book wagering platform. The casino games platform is scheduled for launch in the next 60 days and will include blackjack, roulette, craps, pai gow and slots, among others.

The addition of a comprehensive casino games platform further entrenches Chimera Technology into the explosive growth industry of online gambling. In the company's investor bulletin dated Jan. 20, 2004, Chimera reported that U.K. residents spent more than $US6.4 billion in online gambling in 2003, while residents of the United States spent more than $US1.0 billion. More importantly, as a result of Britain's Gambling Bill expected to pass into law in 2004, making it easier for companies to run online casinos from the United Kingdom, global online gambling revenues are expected to increase sixfold in the coming years.

Chimera President Ken Chua stated, "The Chimera team has worked incredibly hard to deliver our upcoming casino games platform. Staging, testing and debugging is a crucial process for any software company planning to launch new products and Chimera is no different. We would not be making this announcement if we were not 100% confident in the performance of our software. The scheduled launch of our casino games platform will provide a big boost to our current licensees and sales to new licensees. I look forward to announcing the official launch and inviting Chimera friends, clients and investors for a spin at our slot machines and other games."

This press release is available on the company's official online investor relations site for investor commentary, feedback and questions. Investors are asked to visit http://www.agoracom.com and view the "Chimera Technology" Investor Discussion and Contact Forum. Alternatively, investors can e-mail AGORA Investor Relations directly at CNOC@Agoracom.com.

About Chimera Technology Corp. http://www.chimeratechnology.com

Chimera Technology Corp. is a Nevada-based I-gaming software and e-commerce services company competing in the over $6 billion annual online gaming marketplace, projected to be over $10 billion by 2004 according to Computer Almanac Industry. The company is an international developer, licensor, and provider of online gaming products, including online bingo, casino, sports book, and pari-mutuel betting. Chimera Technology Corp. has successfully developed a supreme multiplayer online Internet bingo technology, a second-generation, world-class pari-mutuel sports books wagering platform and a full line of online Internet casino games suite. In addition, the company has developed its state-of-the-art "BIRDS EYE" System, a complete back office management system that operates the entire e-commerce transactions, gaming Web sites, accounting system and licensees' management/reporting platform that is second to none, giving Chimera an opportunity to establish a leadership position in this enormous market.

To obtain further information on Chimera Technology Corp., please visit Internet Web sites: http://www.chimeratechnology.com and http://www.724Bingo.com.

The above statements in regard to Chimera, which are not purely historical, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including Chimera's beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and are based on information available to the parties as of such date. It is important to note that the actual outcome and the actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties, such as technological, legislative, corporate, financial and marketplace changes.