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Thursday 27th January 2005

Online gaming company negotiates for license



Chimera Technology Corp is pleased to announce that it has entered into negotiations with 777 Entertainment Corp. for the right to license Chimera's online gaming platform, which includes a multitude of the most popular games available online.

In anticipation of successful licensing negotiations, 777 Entertainment Corp. has retained the domain of www.777Betz.com. Upon successful conclusion of these negotiations, it is anticipated that the implementation period will be approximately 30 days once the formal licensing agreement has been executed.

James Cheung of 777 Entertainment Corp. stated, 'We are extremely excited about our prospects with the Chimera suite of online gaming products. We conducted a thorough review of other similar products & services available to us, and compared those to Chimera's fully turn-key solution. The applications, including an online wagering platform, full suite of casino games, thoroughbred horse betting platform, double redundancy hosting services, top-notch customer service department, integrated payment solution and all related back-end services, led us to conclude that the Chimera program was the most robust and cost-effective available. We look forward to a successful conclusion of these negotiations and a prosperous and long-term relationship with Chimera.'




Source:OnlineCasinoNews



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