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").