Chimera Announces Dividend of 5-for-1 Forward Split of Company Common Stocks.

Business Editors

LAS VEGAS--(BUSINESS WIRE)--Oct. 29, 2003

Chimera Technology Corp. (OTC-Pink Sheets: CMRD), an innovative Internet gaming software provider/licensor & e-Commerce services company, is please to announce today that its board of directors have approved a 5-for-1 stock split payable to shareholders of record as of the close of business Nov. 5, 2003, subject to the NASD acknowledgement of the effective date. Further news releases will be issued prior to the actual pay date to advise of the company's new trading symbol as well as the new CUSIP number. Shareholders will receive four additional shares for every share held on the record.

The stock split is designed to improve trading liquidity and broaden ownership of the company's common shares. After the stock split, there will be approximately 50,500,000 common shares outstanding.

Chimera Technology Corp. is a public company quoted on the OTC-Pink Sheets under the symbol CMRD, and 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 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, a full line of online Internet casino games suites, 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 Web sites, accounting system and licensees' management/reporting platforms 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 $6 billion in 2002 and projected to be over $10 billion by 2004, yet there are very few software providers.

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.