Investment

Braveheart Investment Group plc
20 August 2007


20 August 2007

                        Braveheart Investment Group plc
                         ('Braveheart' or the 'Group')

                  Alpha EIS Fund invests in Traak Systems Ltd

Braveheart (AIM: BRH), the technology commercialisation and investment
management company, announces that it has made its seventh investment from its
Alpha EIS Fund, investing c£100,000 in Traak Systems Ltd ('Traak'), a spin-out
from the University of Edinburgh.

Founded in late 2005, Traak joined the Edinburgh Pre-Incubator Scheme ('EPIS')
programme at the University of Edinburgh in May 2006, and was awarded a SMART:
Scotland grant of £50,000 in January this year.

Traak is developing intelligent self-learning radio frequency identification
('RFID') and sensor network products and services for the efficient processing
of data in the growing RFID sector. RFID enables companies to track individual
items or vehicles, store additional data and scan multiple items at one time.
This can improve efficiencies in the supply chain, reduce waste and theft. The
use of RFID technology is increasing to the point where large volumes of data
created may overwhelm existing network infrastructures. RFID tag demand is
projected to grow from $300m in 2004 to $3bn by 2009. RFID is commonly used for
a wide variety of applications, such as payment systems (Oyster cards on London
Underground) access control (new-style UK and US passports) and retail (Wal-Mart
uses RFID to monitor its supply chain).

The software Traak is developing will filter out unwanted noise thereby
facilitating more manageable and efficient processing of raw RFID data. This
allows essential data to be transformed into meaningful information in real time
and avoids potential network and server overloads.

To date Traak has already signed an agreement with a leading manufacturer of
Wi-Fi based, real time location systems. The funds being invested will be used
to provide working capital to complete the development of the RFID filtering
technology, and to further develop partnering and / or licensing opportunities.

Commenting, Chief Investment Officer of Braveheart, Carolyn Smith, said, 'The
growth of the RFID market has been well-documented, with companies able to track
vehicles, products and other items with exact precision, providing them with
invaluable data. The products Traak is developing will enable users to cope with
the impending avalanche of information that these technologies will generate.

'We are pleased to be investing in another University of Edinburgh spin-out. As
announced in June, we are in the process of setting up a dedicated £25 million
fund to invest in these type of projects and we expect this fund to be fully
operational in 2008.'

Colin Balfour, Managing Director, Traak Systems Limited added, 'Since
establishing Traak in 2005, we have achieved a number of important milestones.
This round of funding into the company will enable us to accelerate and complete
the development of our core technology and enable us to further explore
partnering or licensing opportunities, ahead of a formal product launch next
year.'

Braveheart Investment Group   Tavistock Communications    Traak Systems Limited
Geoffrey Thomson              Rachel Drysdale             Colin Balfour
Chief Executive               Simon Hudson                Managing Director
Tel: [phone]             Tel: [phone]          Tel: [phone]
                              [e-mail]   www.traak.com


The Alpha EIS Fund ('the Fund')

Established in December 2005, the £2.5 million Fund was set up as a tax
efficient vehicle to invest in early-stage, university spin out companies, rich
in intellectual property, with potential for significant growth, through the
commercialisation of their IP. The Fund is managed by Braveheart and
participants and co-investors include Bank of Scotland Corporate, Scottish
Enterprise's Co-investment Fund and Braveheart's own clients. The Fund will
deliver a minimum of ten EIS qualifying investments, sourced through the Group's
unique framework of strong formal relationships with Scottish universities and
business parks.


To date the Fund has made 7 investments from the Alpha Fund, totalling c£1
million.



                      This information is provided by RNS
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