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Compliance and Ethics Learning Solutions

Chrysalis was an original investor in Compliance and Ethics Learning Solutions(CELS), a Chicago-based holding company created to target the compliance training sector which subsequently acquired Midi, Inc., a leading provider of off-the-shelf and custom compliance and ethics eLearning solutions. The company was acquired by SAI Global Limited(ASX: SAI), a global provider of standards, compliance and business improvement solutions, in January 2007.