Baiocchi is responsible for the development of new products and brings to Daymak over 20 years experience in sales, marketing and team management. Mr. Baiocchi was previously at Microforum and Aludra Inc. where he managed R&D teams that developed several award winning computer softwares that achieved millions of dollars in sales. Mr. Baiocchi is responsible in bringing the D-Drive to market. Mr. Baiocchi will be a director of Chairman upon completion of the transaction.

Mike Chow - COO & General Manager: Mr. Chow has been involved in business management for over 20 years. He worked with The City of Toronto, Recreation Division for over 10 years as a Business and Program Developer. He is currently responsible for the operations at Daymak.

CFO: Daymak is currently interviewing financial executives with over 10 years of public company experience encompassing a variety of industries such as the retail, manufacturing and technology industries. The candidate will have to be a Chartered Accountant and have been involved with advanced financial modeling, business reviews, security position assessments, due diligence, divestitures as well as acquisitions. The Transaction will not close until Daymak completes its search and hires a CFO that is acceptable to Chairman.

Darius Vakili, M.A.Sc, P.Eng. - V.P. Engineering - Mr. Vakili is in charge of developing the D-Drive technology for Daymak. He has over 30 years engineering experience. Mr. Vakili has a complete understanding of all electrical components from design to manufacturing of all Daymak products. He received his Ph.D. in Electronics from the University of Toronto. Mr. Vakili has work experience with IBM, Telepanel, Alcatel, Chubb Alarm, Ontario Hydro, and Optical Naval Helicopter.

Kin-Man Lee, C.A. - Director: Mr. Lee is currently Publisher & Chief Executive Officer of the Toronto Sun and Executive Vice President, Sun Media Corporation. He has had a successful executive management career focused in profit oriented businesses with a specific focus on increased productivity of employees/managers as well as realized cost saving programs. Mr. Lee has an extensive accounting and finance experience in public offerings, mergers and acquisitions, divestiture, auditing, financial reporting, taxes, budgeting and corporate compliance. Mr. Lee's business experience also includes board of directors, executive management committees as well as policy making. Mr. Lee will be a director of Chairman upon completion of the transaction.

Ron Iacobelli, P. Eng - Director: Mr. Iacobelli is currently Chief Technology Officer at Azure Dynamics Corporation, a leading developer of state-of-the-art green technologies for the commercial transportation industry. Mr. Iacobelli is responsible for Azure's product and technology development and strategic partnerships. He has been instrumental in the overall commercialization of AZD's core products and has managed the rapid growth of Azure's development team. Prior to joining Azure, Mr. Iacobelli worked at Ballard Power Systems where he developed and led a supplier management program. Prior to that, he spent 7 years at Ford Motor Company as Supplier Quality Manager, Senior Electrical Systems Engineer and Senior Chassis Systems Engineer. Mr. Iacobelli will be a director of Chairman upon completion of the transaction.

Daymak is currently in discussions with at least one additional candidate to serve as an independent Director of Chairman following the close of the Transaction. In the event that Daymak does not find a suitable candidate for a fifth director prior to closing, it will use one of the Chairman's current board members.

Statements in this press release regarding Daymak's and Chairman's businesses which are not historical facts are "forward- looking statements" that involve risks and uncertainties, such as terms and completion of the proposed transaction. Since forward- looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements.

Completion of the transaction is subject to a number of conditions, including but not limited to, Exchange acceptance and if applicable pursuant to Exchange Requirements, majority of the minority shareholder approval. Where applicable, the transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the transaction will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the transaction, any information released or received with respect to this transaction may not be accurate or complete and should not be relied upon. Trading in the securities of a capital pool company should be considered highly speculative.

The TSX Venture Exchange Inc. has in no way passed on the merits of this

proposed transaction and has neither approved nor disapproved the

contents of this press release.

ON BEHALF OF THE BOARD

CHAIRMAN CAPITAL CORP.

"Jonathan Aune"

Jonathan Aune, CEO

Additional information on Chairman Capital Corp. can be found at www.sedar.com.

Additional information on Daymak Inc. can be found at www.daymak.com.

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