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Warren NJ
February 4, 2007 
Chrysalis today announced that the company will be bringing its relationship with ComplyAssistant LLC NJ USA, closer, by taking a strategic stake in it.

Chrysalis has undertaken offshore development of the ComplyAssistant's flagship product using leading-edge Microsoft technologies. The product already has been substantial traction in the market. It was showcased in 3 industry tradeshows and generated a lot of buzz and interest from buyers. The product is being beta tested at 2 hospitals.

ComplyAssistant V2 handles the evidence based workflows and issues for almost any regulation such as HIPAA, JCAHO, Sarbanes-Oxley etc.


Gerry Blass, the president of ComplyAssistant LLC said "Chrysalis has been of engineering division for over a year and they have done an excellent job. They have made the strides made by our product possible. This stock transaction will bring the two companies together and will enable them to use each other's strengths to
maximize the gains from this great product."

Footnote:
Comply Assistant offers evidence-based compliance solutions and automated compliance management dashboard tool in the marketplace. More details about Comply Assistant can be had at www.complyassistant.com

Chrysalis Information Systems Limited (CISL) is a pioneer in software solutions. For more information, visit Chrysalis online at www.cislworld.com.