Chrysalis Ventures Names David Parento As Associate

LOUISVILLE, KY (September 8, 2006) – Chrysalis Ventures, LLC, today announced that David W. Parento has joined the firm as an Associate. At Chrysalis, Mr. Parento will provide analytical and transactional support to the investment team for Chrysalis’ three primary investment sectors: healthcare services and technology, media and communications, and business services.

Prior to Chrysalis, Mr. Parento worked for Davis Polk & Wardwell as an Associate in their Menlo Park, London, and New York offices where he specialized in M&A, private equity, and capital market transactions.

Mr. Parento holds a BA from Yale University, a JD from Vermont Law School, and MSc, Management from the Stanford Graduate School of Business where he was a Sloan Fellow.

About Chrysalis Ventures

Founded in 1993, Chrysalis Ventures is a leading source of equity capital for young growth companies in the Midwest and South. Chrysalis invests primarily in early-stage and expansion-stage companies in healthcare services and technology, media and communications, and business services. Based in Louisville, Kentucky, Chrysalis has more than $250 million under management and has made investments in over 50 companies. For more information, please visit www.chrysalisventures.com.