Rear Admiral Thomas C. Lynch Joins Chrysalis Holdings Board of Directors

<p class="bwalignc"><i>Lynch to focus on NewDay Financial, importance of VA lending</i></p><p><location value="LU/us.md.fulton" idsrc="xmltag.org">FULTON, Md.</location>--(BUSINESS WIRE)-- <a href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.chrysalisholding.com%2F&esheet=50008287&lan=en-US&anchor=Chrysalis+Holdings%2C+LLC&index=1&md5=87ffe2395c037fabfc4af27767c84002"><org>Chrysalis Holdings, LLC</org></a>, a premier investment company focused on developing industry leaders in financial services, technology and business analytics, announced today the addition of Rear Admiral <person>Thomas C. Lynch</person> (<org>U.S. Navy</org>, retired) to its board of directors. Admiral Lynch brings to the board a unique combination of experience in private equity investment, financial services, defense and management of publicly and privately held companies. </p><p> “We are very proud that <person>Tom Lynch</person> has joined the Chrysalis board of directors,” said <person>Paul Thompson III</person>, director and chairman of the board, <org>Chrysalis Holdings</org>. “His business acumen and unsurpassed understanding of the needs of both service members and veterans are just two of the many reasons that we are extremely fortunate to have Tom on our team. Given the importance of <a href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.newdayveterans.com%2F&esheet=50008287&lan=en-US&anchor=NewDay+Financial&index=2&md5=b4a807189a6c1d889c86bd2ec60c3c01"><org value="ACORN:6000014347" idsrc="xmltag.org">NewDay</org> Financial</a> to our overall holdings and our focus on serving the home financing needs of veterans, we are honored that Tom has chosen to serve as a director.” </p><p> “The addition of Tom to the board further strengthens our company’s determination to grow and expand our leadership role in lending to veterans, while also supporting philanthropic initiatives for veterans,” said <person>Rob Posner</person>, CEO, NewDay Financial. </p><p> After a 31-year Naval career, which included command of the <org>Eisenhower Battle Group</org> during Operation Desert Shield and superintendent of the <org>U.S. Naval Academy</org>, Admiral Lynch retired from the <org>Navy</org> with the rank of Rear Admiral in 1995. He joined Safeguard Scientifics, where his leadership positions included president and chief operating officer of CompuCom Systems. In 2001, he joined <org>The Staubach Company</org>, which merged with Jones Lang LaSalle, where he was senior vice president. </p><p> Today, Admiral Lynch is a managing director at <org>The Musser Group</org>, an affiliate of <org>The Livingston Group</org>, as well as managing director at Jones Lang LaSalle, a global real estate services firm. He also serves as a director of several private and publicly-held companies, including <org value="ACORN:3159740223" idsrc="xmltag.org">PRWT Services</org>, Mikros Systems, <org>Buckeye Insurance</org>, the <org value="ACORN:3804413580" idsrc="xmltag.org">Armed Forces Benefit Association</org>, <org>Philadelphia Sports Congress</org>, <org>Philadelphia Convention and Visitors Bureau</org>, <org>Catholic Leadership Institute</org>, Economics Pennsylvania and USO World Board of Governors. Additionally, Admiral Lynch chairs the <org>U.S. Naval Academy Athletic</org> and <org>Scholarship Foundation</org>. </p><p> “I look forward to working with Chrysalis, as well as the <org value="ACORN:6000014347" idsrc="xmltag.org">NewDay</org> Financial executive team, as these organizations continue to pursue growth opportunities and demonstrate an exceptional level of commitment to veterans who have served our country with honor,” Admiral Lynch said. “I am eager to contribute to the success of Chrysalis and <org value="ACORN:6000014347" idsrc="xmltag.org">NewDay</org>, with a primary mission to provide home financing solutions to veterans.” </p><p> Admiral Lynch graduated from the <org>U.S. Naval Academy</org> with his bachelor’s of science degree and earned a Master of Science degree from <org>George Washington University</org>. He was recognized as a <org>U.S. Naval Academy</org> Distinguished Graduate in 2010. </p><p><span class="bwuline"><b>About <org>Chrysalis Holdings, LLC</org></b></span></p><p><org>Chrysalis Holdings, LLC</org>, is a premier investment company focused on building and growing successful businesses within the financial services industry. Chrysalis provides early stage capital, infrastructure development and management expertise to growth oriented companies within its target markets. Key holdings include <org>New Day Financial, LLC</org>, <org>LendingSpace Partners, LLC</org> and <org>Chrysalis Analytics, LLC</org>. For more information, visit <a href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.chrysalisholding.com&esheet=50008287&lan=en-US&anchor=www.chrysalisholding.com&index=3&md5=2980f584fbb87363c5d795e669bfd1b8">www.chrysalisholding.com</a>. </p><p&gt;<span class="bwuline"><b>About <org>NewDay Financial, LLC</org></b></span></p><p><org>NewDay Financial, LLC</org>, is a nationwide VA, FHA and reverse mortgage lender offering a wide range of mortgage-based products to homeowners with a variety of needs and goals. The company is the exclusive provider of mortgage lending for <org>Veterans of Foreign Wars</org> (VFW) members. The company is also a HUD-approved reverse mortgage lender, and in 2010, was among the top 10 providers of reverse mortgages in the U.S. Retail branch offices serve customers in select markets, including the <location value="LU/us.il.chicgo" idsrc="xmltag.org">Chicago</location>, <location value="LU/us.pa.phldph" idsrc="xmltag.org">Philadelphia</location>, <location value="LU/us.md.bltmre" idsrc="xmltag.org">Baltimore</location> and <location value="LU/us.dc.wash" idsrc="xmltag.org">Washington D.C.</location> metropolitan areas. For more information, visit <a href="http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.newdayveterans.com&esheet=50008287&lan=en-US&anchor=www.newdayveterans.com&index=4&md5=0600f18bb2929475a7599e8d588601cf">www.newdayveterans.com</a></p><p></p><p><img alt="" src="http://cts.businesswire.com/ct/CT?id=bwnews&sty=20110927005178r1&sid=acqr4&distro=nx" /><span class="bwct31415" /></p><p> For NewDay Financial<br /><person>Charlyne H. McWilliams</person>, 301-933-5567<br />or<br /><person>Sheryl Gudelsky</person>, 678-781-7229 </p><p>Source: <org>NewDay Financial, LLC</org></p>