LAS VEGAS, Aug. 25, 2004 (PRIMEZONE) -- Chimera Technology Corp. ("Chimera") (Pink Sheets:CNOC) (http://www.chimeratechnology.com) is pleased to announce that e-Network (Europe) Limited, operating the URL www.eNetworkBank.com, has been selected to execute the e-commerce transactions for all Chimera licensees.
The payment gateway is the backbone of any successful online gaming portal and it must have the ability to reliably execute e-commerce transactions so that patrons may deposit and withdraw funds from their accounts with complete confidence. e-Network has a proven track record of handling all transactions in a professional, reliable and secure manner.
e-Network Europe is Incorporated and domiciled in the United Kingdom and holds a valid book making license. e-Network is affiliated with e-Network Costa Rica, and acts as the financial arm to facilitate all customer transactions and interaction. e-Network deals with all major e-Commerce institutions and have the ability to execute transactions using all major credit cards including Visa, Mastercard and Dinner's Club. In addition, they also offer alternative methods of deposit including, Visa Electon, Direct Bank Wire, Neteller, Pre-Pay ATM and Book to Book transfer.
Chimera President Ken Chua stated, "Strategic alliances such as the one formed with e-Network Europe are vital, as they ensure that Chimera's licensees are successful in executing transactions in an efficient and secure manner. The Chimera infrastructure continues to become stronger every day setting the foundation for the success of all current and future Chimera licensees."
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 more than $6 billion annual online gaming marketplace, projected to be more than $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 multi-player 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.