Cypress Development Corp. announced the appointment of Ms. Cassandra Joseph as non-executive Chair and Mr. Bryan Disher as non-executive director to its Board of Directors ("Board") effective immediately. Ms. Joseph will succeed Mr. Donald C. Huston, previous Chairman and President, who will remain on the Board as a non-executive director. In addition, the company announced that Dr. William Willoughby will assume the role of President in addition to his role as Chief Executive Officer ("CEO") with immediate effect. Ms. Joseph joined the Cypress Board on June 1, 2021, and Dr. Willoughby has been serving as the Company's CEO since 2017.