Chimera Selects S&W Consulting As Corporate Investment Banker


LAS VEGAS, Oct. 21, 2003 (PRIMEZONE) -- Chimera Technology Corp. (Pink Sheets:CMRD), an innovative Internet Gaming Software Provider/Licensor & e-Commerce services company, today announced it has entered into negotiations with S&W Consulting to become Chimera's corporate investment banker to assist in completing a financing package which will allow Chimera to begin deployment of its business platform.

For the past 10 years, S&W Consulting has successfully assisted both public and private companies in completing a variety of different financing packages, helping their clients successfully deploy their business platforms. Their business models have attained profitability. S&W Consulting's area of expertise is its ability to put together different financing packages to suit individual companies' criteria to complete the transaction financing.

"We are extremely excited with the initiation of negotiation with S&W Consulting to become our corporate investment banker," stated Mr. Ken Chua, president/CEO of the company.

"Based on the successful past track record of S&W, I am sure we will benefit from their expertise," added Mr. Chua.

Chimera Technology Corp. is a public company quoted on 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, projected to rise to 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 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 transaction, gaming websites, accounting system and a licensees' management/reporting platform that is second to none. The company's offerings provide Chimera with a unique opportunity to establish a leadership position in the online gaming market; 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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