Business Wire: Chimera Launches Online Casino Games Ahead of Schedule

Business Editors

LAS VEGAS--(BUSINESS WIRE)--March 22, 2004

Chimera Technology Corp. ("Chimera") (Pink Sheets: CNOC) (http://www.chimeratechnology.com) today announced the casino games initially scheduled to launch on or about May 2, 2004 have been launched ahead of schedule by 45 days. Full launch of the casino games platform took place on March 18, 2004. The new platform performed flawlessly and will serve as an exceptional complement to the company's existing world-class sports book wagering platform. The casino games platform includes such favorites as blackjack, roulette, craps, pai gow and slots, among others.

The casino games platform will include two modes of play: "PLAY FOR FUN" and money wagering. PLAY FOR FUN will give individuals the opportunity to experience the various games without having to actually wager any money. This "free" feature will invariably help to acquire new paying customers. As these individuals become more familiar with the games, statistically, a percentage of them will be "converted" into new "money wagering" clientele.

Access to the new casino games platform can be attained through Chimera's first licensee, 724SportsBook (www.724SportsBook.com). In order to PLAY FOR FUN, you may either go direct using the following URL http://216.194.164.103/betcasino001 or you can enter www.724SportsBook.com and click on the "724Casino" logo at the bottom and then click on "PLAY FOR FUN."

Chimera President Ken Chua stated, "The Chimera team has worked incredibly hard to provide a world-class gaming platform in record time. Staging, testing and debugging was conducted in a professional manner and returned results that enabled us to give the go ahead for the new casino gaming platform a full 45 days ahead of schedule. These efficiencies behind the scenes will invariably prove to be a huge factor in Chimera's continuing success."

"Time Investment" Decides on Domain Name of BetVoodoo.com

In other Chimera news, "Time Investment," Chimera's second licensee, has decided on the domain of www.BetVoodoo.com. It is anticipated that the Bet Voodoo Web site will be launched within the next 30-45 days.

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.