LAS VEGAS, Oct. 27, 2003 (PRIMEZONE) -- Chimera Technology Corp. (Pink Sheets:CMRD), an innovative Internet Gaming Software Provider/Licensor & e-Commerce services company, today announced President and CEO Ken Chua interviewed by CEOCast.com in New York on the company's business outlook.
CEOCast.com, where Wall Street listens, has been exposing emerging companies to the investment community for many years. CEOCast.com has interviewed companies such as FLIR Systems Inc. (Nasdaq:FLIR), Rare Hospitality Int. (Nasdaq:RARE) and many others. Chimera caught CEOCast.com's eye with its business model and dedication of the management team to propel Chimera to become one of the leading Internet online gambling software provider / licensor. The interview can be heard by clicking on the following link:
http://www.ceocast.com/company.cfm?cid=16289&n=112316
"We are ecstatic with the fact we are popping up on the radar screen with CEOCast.com," stated Mr. Ken Chua, President/CEO of the company.
"Our research shows that CEOCast.com has traditionally only interviewed companies trading on the OTC-BB platform and other senior boards. We are thrilled that they are recognizing our potential relating to the rapid projected growth of the Internet gaming industry in the years to come," added Mr. Chua.
Chimera Technology Corp. is a public company quoted on the OTC-Pink Sheets under the symbol CMRD, and it is a Nevada-based I-gaming software and e-Commerce services company competing in the over $6 billion annual online gaming marketplace in 2002 and projected to be over $10 billion by 2004 according 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-players online Internet Bingo technology, a second generation world class pari-mutuel Sports Books wagering platform, a full line of online Internet casino games suite as well as a state of the art "BIRDS EYE" System, a complete back office management system that operates the entire e-commerce transactions, gaming websites, accounting system and licensees' management/reporting platform that is second to none, which will give Chimera an opportunity to establish a leadership position in this enormous market. Annual online gaming revenues worldwide exceed $U.S. 6 billion in 2002 and projected to be over $10 billion by 2004, yet there are very few software providers.
To obtain further info on Chimera Technology Corp. please visit Internet websites: http://www.chimeratechnology.com, 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 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.
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