Chrysalis V Announces Qualifying Transaction

Chrysalis Capital  V Corporation (CV.P - TSX Venture), ("Chrysalis V" or the "Corporation") is pleased to announce that it has entered into a definitive acquisition agreement dated March 27, 2008 with Enssolutions Limited (formerly Entac Emulstion Products Inc.) ("Enssolutions"), and certain of its principal shareholders pursuant to which Chrysalis V will complete a business combination to acquire Enssolutions (the "Proposed Transaction").

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