Chrysalis-ITS Appoints Internet Pioneer Vernon Little as Vice President, Marketing: Founder of PMC-Sierra joins Internet security processor company.

VANCOUVER, B.C.--(BUSINESS WIRE)--Dec. 6, 1999--

Vernon Little, a pioneer of the networking industry and a founder of PMC-Sierra, has joined Chrysalis-ITS as Vice-President, Marketing. While at PMC-Sierra he helped take the company from the start-up phase to become the dominant company in the Internet semiconductor business, worth over seven billion dollars.

Chrysalis-ITS, a private company founded in 1994, makes security devices that help ensure the validity and privacy of purchases or business transactions over the Internet and other computer networks. According to International Data Corporation, online purchases over the Internet in 2003 are expected to top $1.3 trillion. In addition, secure business to business communications is expected to explode over the Internet, overtaking Web browsing as the 'killer application' for the Internet within a few years.

"Vernon Little is a seasoned veteran in both the semiconductor and networking industries," said Steve Baker, President and CEO of Chrysalis-ITS. "At PMC-Sierra, he was the person responsible for the creation of the Saturn Group-one of the networking industry's most successful technical associations. The Saturn Group helped establish PMC-Sierra as the 900 pound gorilla in the networking semiconductor industry." Baker concludes, "The addition of Vern to our executive team further enables Chrysalis-ITS to become the dominant company in the Internet security chip business". About Vernon Little

Vernon Little is a registered Professional Engineer, and a graduate of the University of British Columbia. In addition to being a founder of PMC-Sierra, he worked previously at Mitel Corporation, Pacific Microcircuits Limited (Now Spectrum Signal Processing) and Motorola. He holds several patents in semiconductor and networking, and received the British Columbia Technology Association's award for 'Excellence in Strategic Marketing' in 1996 in recognition of the success of the Saturn Group. About Chrysalis-ITS Inc.

Chrysalis-ITS, Inc. provides high performance programmable security processing products for making the Internet secure. It has offices in Ottawa, Ontario, Boston, Massachusetts, Mountain View, California, and Burnaby, B.C. The company's website is www.chrysalis-its.com

Detailed Biography Attached Biography of Vernon Little

Vernon Little was born in Vancouver, B.C. and was raised in the Okanagan and Vancouver Island. He is the son of the late James Douglas Little of Prince George, B.C. and Barbara Little of Duncan, B.C. He graduated from Cowichan Sr. Secondary School ('Cow High') in 1974 and went to the University of British Columbia, graduating from UBC with a Bachelor's of Applied Science in Electrical Engineering in 1979.

In 1979, Mr. Little joined Mitel Corporation in Ottawa as a design engineer, and worked with the organization for four years, before joining a subsidiary in White Rock, Pacific Microcircuits Limited, Canada's first independent chip design company. PML later became Spectrum Signal Processing, now located in Burnaby. After a brief stint to work in the USA, Mr. Little returned to Canada to work for Mobile Data International in Richmond, which was subsequently purchased by Motorola. He then joined MPR Teltech in 1988 to work in the Pacific Microelectronics Centre division. In 1992, this division incorporated, becoming PMC-Sierra. PMC-Sierra is now the most valuable company in B.C. based on total market value of its shares.

While at PMC-Sierra, Mr. Little led the marketing of several product lines, quickly establishing PMC-Sierra as a major force in the networking chip business. He started the Saturn Group, and enlisted most of the world's top networking equipment companies to work with PMC-Sierra in the specification and development of advanced networking chips. In 1996, the BC Technology Industry Association awarded PMC-Sierra and Mr. Little the award for 'Excellence in Strategic Marketing' for the success of the Saturn initiative. Mr. Little is also well known for his early work in establishing standards and promotion of Asynchronous Transfer Mode (ATM) networking technology, now established as the backbone for much of the world's telephone and data communications networks. He is also well known for taking on IBM in a much-publicized technical standards battle while PMC-Sierra was only a 60 person company, helping to make PMC-Sierra a prominent name in its' industry.

A photo of Vern Little is available at the Canadian Corporate News Website: www.cdn-news.com or directly from Chrysalis-ITS.

Chrysalis-ITS and Chrysalis-ITS logo and Luna are a trademarks or registered trademarks of Chrysalis-ITS, Inc. All other product and company names mentioned herein may be the trademarks of their respective companies.