Investment in Spiral Gateway

Braveheart Investment Group plc
14 April 2008


For release: 07.00, 14 April 2008

                                        
                                        
                        Braveheart Investment Group plc                                       
                          ('Braveheart' or the 'Group')
                                        
                    Further Investment in Spiral Gateway Ltd 
                                ('the Company')


Braveheart (AIM: BRH), the technology commercialisation and investment
management company, announces that it has led a second funding round of £730,000
into Spiral Gateway Ltd. The Group invested alongside Imperial Innovations, Bank
of Scotland Corporate and Scottish Enterprise's Scottish Co-investment Fund.

Spiral Gateway was founded in 2004 as a spin-out from the University of
Edinburgh and is focused on the development of a computer processing platform
known as Reconfigurable Instruction Cell Architecture ('RICA'); a method for
processing multimedia, wireless and broadband computing tasks. Spiral Gateway is
aiming to incorporate the technology onto silicon chips and will initially
target the Image Signal Processing ('ISP') market. The ISP function is one which
is required in every camera enabled mobile phone.

Spiral Gateway has agreed a licence with the University of Edinburgh for the
exclusive rights to RICA and recently released a silicon-based demonstration of
the technology. This has allowed management to advance discussions with
potential customers in the ISP market.

This funding is designed to provide interim support for Spiral Gateway whilst it
develops its technology and advances discussions with key commercial partners.

Commenting on the investment, Geoffrey Thomson, Chief Executive of Braveheart
said, 'RICA is an exciting processing platform that will appeal to numerous
markets when fully developed. Spiral Gateway has recently strengthened its
management team with the appointment of a new Chairman and CEO and we are
pleased to be able to demonstrate our commitment to the Company with this
funding. In addition, this is the first occasion where we have invested
alongside Imperial Innovations and we are delighted to be working with them.'

Graham Townsend of Spiral Gateway commented, 'Braveheart has an excellent
background in supporting early-stage technology companies and we are pleased
that they have recognised the continuing potential of our RICA technology. We
are looking forward to strengthening our relationship with our investors as we
develop our technology to a commercial level.'


For further information please visit www.braveheart-ventures.co.uk or contact:

Braveheart Investment Group           Tavistock Communications (for Braveheart)
Geoffrey Thomson, Chief Executive     Clemmie Carr / Simon Hudson
Tel: [phone]                     Tel: [phone]
[e-mail]    [e-mail]

Spiral Gateway
Graham Townsend, Chief Executive
Tel: [phone]
[e-mail]





Note to Editors


Braveheart was formed in 1997 by four Scottish businessmen as a co-investment
vehicle in order to pool their money and knowledge, increase diversification and
also reduce risk.

It makes investments in young, emerging, unlisted companies where there is
potential for significant growth, through the successful commercialisation of
their IP. Typically, Braveheart's investments are focused on British companies
with potential global technology solutions. However, the Group also maintains
limited exposure to more traditional businesses.

Braveheart's portfolio ranges from start-up companies to businesses, which are
close to an IPO or sale. Each year out of several hundred business plans
received, around ten investments are made, all of which demonstrate attractive
exit potential. These opportunities emanate from Braveheart's network of
contacts, which includes the Group's own clients, and close relationships with
science parks and universities. Braveheart has formal relationships with seven
universities and two business parks, giving it unique access to IP and start-up
companies emanating from them.











                      This information is provided by RNS
            The company news service from the London Stock Exchange
        GUUPACUPRGQG