Investment

Braveheart Investment Group plc
13 August 2007






13 August 2007


Braveheart Investment Group plc

('Braveheart', the 'Group' or the 'Company')


Investment of £600,000 in Inxstor


Braveheart (AIM: BRH), a technology commercialisation and investment management
company, announces that it has made an investment in Inxstor Limited, a business
involved in developing technology for the place-shifting market.

The £600,000 investment from Braveheart, its clients and the Scottish
Co-investment Fund, follows a seed funding round of c£400,000, in 2006 which
Braveheart also participated in. Inxstor was formed last year as a spin-out from
Infinite Data Storage ('IDS'), another Braveheart portfolio company. IDS designs
portable data storage devices for the consumer electronics market.

Place-shifting allows the user to watch TV shows they usually receive at home,
whilst in any location on devices other than TV sets (such as mobile phones). It
is an advanced form of time-shifting, where a programme can be recorded and
viewed at a time more convenient to the user (such as the service offered by Sky
Plus). With place-shifting, images and sound from home video equipment are
processed into digital signals and transmitted to the new viewing location over
the home internet connection. Place-shifting is an emerging market and is likely
to be attractive to people who spend time away from their primary place of
residence.

Inxstor's technology is believed to be the only place-shifting solution that
allows digital content to be accessed from a remote location in a secure way.
The company's products include software to access and transfer the audio and
video content from the home, and software to access this content on a mobile
device. The company will target key market areas in the value chain to offer a
complete 'end-to-end' solution.

The proceeds of the fundraising will provide working capital for Inxstor for the
next 12 months, supporting the expansion of its technical team and product
development process.

Commenting on the investment, Geoffrey Thomson, Chief Executive of Braveheart,
said, 'Mobile technologies are becoming very much more sophisticated. In an
increasingly mobile world, we see the demand for place-shifting technology as
growing significantly in the future. Inxstor's technology, the only secure
product of its kind in the market, offers users the 'next step' on from
universally popular applications such as TiVO and Sky Plus.'

Tony Combe, CEO at Inxstor, added, 'Since spinning out from IDS, we have made 
good progress in the development of our technology. Content providers need to 
know that their data is secure and that distribution can be controlled - our 
technology addresses these key issues. We now have working prototypes and we are
in discussions with a number of multi-nationals about rolling out the product.'






For further information, contact:

Braveheart Investment Group   Tavistock Communications     Inxstor
Geoffrey Thomson              Rachel Drysdale              Tony Combe
Chief Executive               Simon Hudson                 CEO
Tel: [phone]             Tel: [phone]           Tel: [phone]
                              [e-mail]







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