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777Betz Reports First Month Results

8 August 2005

LAS VEGAS – (PRESS RELEASE) -- Chimera Technology Corp. ("Chimera") (Pink Sheets: CNOC), a developer/licensor/turnkey Solution Provider of online and wireless gaming platforms, is pleased to announce that Chimera licensee 777Betz, reported gross wagers of $2,080,000 in only its first month of operation in July 2005. completed their licensing agreement with Chimera in May 2005, and has been operational since late June. The above stated gross wagers for July are currently based upon three online gaming platforms, including sports wagering, casino and horse race wagering. Additional online gaming platforms such mobile gaming and multi-player poker, which includes the incredibly popular Texas Hold'em Poker, are in the process of being integrated. It is anticipated that once up and running, the additional platforms will contribute significantly to the total monthly gross wagers on 777Betz.

Chimera President Ken Chua stated, "We are thus far very pleased with the results that 777Betz has generated in such a short period of time. There is no doubt that with the addition of the new platforms and increased exposure as time goes on, 777Betz will gross even higher figures on a monthly basis." Chua went on to say, "777Betz is yet another example of the success Chimera's licensees are experiencing as a result of the superior gaming platforms provided by Chimera."

With the current and continuous success of CryptoLogic (Nasdaq: CRYP) and World Gaming (OTCBB: WGMGY) in the similar sector, Chimera is certainly well positioned to capitalize on its future growth.

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