Chimera Completes Financial and Announces Intention to Become a Fully Reporting Issuer.

LAS VEGAS -- 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 has reconciled all internal accounting according to U.S. GAAP (Generally Accepted Accounting Principles) and intends to initiate the registration process with the SEC to become a fully reporting issuer.

Chimera management is pleased to report that its 2004 Financial Statement is now posted on Chimera's Web site and anticipates that 2005 financial statements will be completed and made available to the public at the beginning of 2006. Upon completion of the financials, Chimera intends to file a Form 10-SB in order to become a fully reporting issuer listed on the Over the Counter Bulletin Board (OTCBB). As a result, Chimera Technology will be issuing quarterly and annual financial results as per SEC guidelines. To view the 2004 Financial Statement, please click on the following:

http://www.chimeratechnology.com/sec.htm

Online gaming is currently a multibillion dollar industry and shows no signs of slowing down. In addition to the growing popularity by users, mainstream media acceptance and more lax legislation have contributed to the explosive growth of this booming industry of which Chimera intends to capture a significant market share.

Chimera Technology President Ken Chua stated, "Significant effort and resources have been expended to ensure that our financial records are now compliant with U.S. GAAP. This is a very significant step for Chimera as it will allow us to initiate the process to become a fully reporting issuer listed on the Over the Counter Bulletin Board." Chua went on to say, "I would like to thank our current shareholders for their continued support and belief in Chimera and want to assure you that your patience will be rewarded as we continue to successfully execute our business plan."

This press release is available on the company's official online investor relations site for investor commentary, feedback and questions. Investors are asked to visit http://www.agoracom.com and view the "Chimera Technology" Investor Discussion and Contact Forum. Alternatively, investors can e-mail AGORA Investor Relations directly at [e-mail].

About Chimera Technology Corp. (http://www.chimeratechnology.com)

Chimera Technology Corp. is a Nevada-based I-gaming software and e-commerce services company competing in the more than $6 billion annual online gaming marketplace, projected to be more than $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 and a full line of online Internet casino games suite. In addition, the company has developed its 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 platform that is second to none, giving Chimera an opportunity to establish a leadership position in this enormous market.

To obtain further information on Chimera Technology Corp., please visit Internet Web site http://www.chimeratechnology.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.