Chimera Licensee 777Betz Reports Impressive $2 Million Handle in Only First Month of Operation.LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. -- Chimera Technology Corp. ("Chimera") (Pink Sheets: CNOC CNOC Cartoon Network Orbit Ctoons (website) CNOC Commission on Nomenclature of Organic Chemistry CNOC China National Oil Corporation CNOC Commander, Naval Oceanography Command CNOC Chief Nursing Officers Council ) (http://www.chimeratechnology.com), a developer/licensor/turnkey Solution Provider of online and wireless gaming platforms, is pleased to announce that Chimera licensee 777Betz (http://www.777Betz.com), reported gross wagers of $2,080,000 in only its first month of operation in July 2005. www.777Betz.com 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 See 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 cryp·tol·o·gy n. The study of cryptanalysis or cryptography. cryp  to·log (Nasdaq: CRYP CRYP Cheyenne River Youth Project (Eagle Butte, SD) ) and World Gaming (OTCBB OTCBBSee OTC Bulletin Board (OTCBB). : WGMGY) in the similar sector, Chimera is certainly well positioned to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. its future growth. This press release is available on the company's official online investor relations Investor relations The process by which the corporation communicates with its investors. 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 CNOC@Agoracom.com. 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 $15 billion by 2005, according to Computer Almanac almanac, originally, a calendar with notations of astronomical and other data. Almanacs have been known in simple form almost since the invention of writing, for they served to record religious feasts, seasonal changes, and the like. Industry. The company is an international developer, licensor, and provider of turnkey online gaming products, including online casino, sports betting, Thoroughbred Horse pari-mutuel betting, mobile gaming and P2P See peer-to-peer and point-to-point. poker platform. Chimera Technology Corp. has successfully developed a supreme multi-player online Internet bingo technology, a second-generation world-class sports books wagering platform, a full line of online Internet casino games suite, innovative mobile gaming applications as well as P2P poker platform. 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 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 The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion