Chimera Technology's New Payout Solution to Cut Licensee Costs by 75 Percent.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 - News; http://www.chimeratechnology.com) is pleased to announce that effective April 2005, an agreement has been completed whereby privately branded debit cards debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. will be issued to clients of licensees of Chimera under the "724Pay " program. A test program recently completed indicated that as much as a 75 percent reduced operating costs operating costs npl → gastos mpl operacionales to licensees could be achieved. Clients will initially be issued a "724Pay" branded debit card as a payout option. when activated the card will enable the user to request a funds transfer. Clients will then be able to access these funds from any ATM location around the world. Compared to higher cost methods, this facility is significant, as it will allow for clients to achieve rapid payouts and provide a secure, speedy completion to the user. With the value-added ability to access consumer purchases, debit/charge cards would be expected to become the payment choice of a majority of clients. Chimera President Ken Chua stated, "We are always seeking new and innovative ways to make our product line even stronger. These debit cards will go a long way towards streamlining licensee operations and giving their players a payout option that at this time can only be found through Chimera." This press release is available on the company's official online investor-relation site http://www.agoracom.com @ Contact Forum. Alternatively, investors can e-mail AGORA Investor Relations Investor relations The process by which the corporation communicates with its investors. 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. The company is a developer, licensor, and provider of online gaming See gaming. products, including casino, sports book, and pari-mutuel betting. 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 are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. 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. |
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