LAS VEGAS, May 4, 2006 (PRIMEZONE) -- Chimera Technology Corp. ("Chimera") (Pink Sheets:CNOC) (http://www.ChimeraTechnology.com ), a developer/licensor/turnkey solution provider of online and wireless gaming platforms, is pleased to announce that the company will present at the Eighth annual GIGSE Global Interactive Gaming Summit & Expo.
The GIGSE is being held at the Palais des Congres in Montreal, Canada on May 16-18. The conference is expected to attract over 2,000 interested and potential I-gaming customers. Chimera has finalized its booth design and has been issued booth number 834, for more details of the event please follow the links below:
http://www.gigse.com/2006/floor_plan.cfm
Chimera extends an invitation to its shareholders to attend the show, meet Chimera executives and learn more about Chimera's business model.
"We are very excited to be among some of the biggest gaming industry companies that will be present in Montreal," stated Chimera Technology President Ken Chua. "As we have seen in our earlier presentations in Asia, these conferences allow our sales team access to a wide range of potential customers," added Mr. Chua.
CORPORATE UPDATE ON CHIMERA ISSUES
As previously released on Dec. 15, 2005, the company intends to trade on the OTCBB. As a result, the management continues to work diligently on this effort on the process of completing its 10SB Statement. Due to the overwhelming amount of information needed to prepare the statement, the company is experiencing time greater than what it originally anticipated to complete the document, and will update the shareholders when more news becomes available.
Concurrent to completing the Form 10SB, Chimera is also exploring the possibility of co-listing on the Frankfurt Stock Exchange as well as the AIM Market in United Kingdom, which is the secondary market to the main market of the U.K. Stock Exchange. A listing on the AIM will allow Chimera to join other gaming industry members such as Party Poker, 888.Com, Playtech, Cryptologic, Empire Online, World Gaming and other well known gaming companies that are already listed on the AIM.
Mr. Chua commented, "It is our mandate to look at various markets worldwide, by exploring the opportunity to list on these markets we will be on the same level as other companies in our space."
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.