AMP Amphion Innovations Plc

RNS Number:3456W
Amphion Innovations PLC
03 January 2006

                            Amphion Innovations PLC

                  Additional Investment in Portfolio Companies



3 January 2006 - Amphion Innovations PLC ("Amphion"), the developer of
technology and life sciences businesses, today announces that it has completed
additional investments in its existing portfolio companies amounting to $2.23
million.


An additional $500,000 has been invested in Motif Biosciences Inc. ("Motif") as
part of an ongoing Series B financing.  Motif is a population genetics company
working to identify the genetic causes of major diseases by working with a
unique, rich, and defensible source of human genetic data from the Persian Gulf
states.


An additional $750,000 has been invested in AXCESS International, Inc. 
("Axcess") (AXSI.OB) as part of an ongoing financing.  Axcess provides radio
frequency identification (RFID) systems for physical security and supply chain
efficiencies.


An additional $980,000 has been invested in FireStar Software, Inc. ("FireStar")
as part of an ongoing Series E financing.  FireStar is a software company that
helps institutions achieve efficiency in their business transactions with their
clients. FireStar's flagship product EdgeNode is a complete interface solution
for automating business transactions between companies. It is designed to
support the unique needs of multi-enterprise process integration.


These follow-on investments, made in line with Amphion's strategy as outlined
prior to its August 2005 admission to AIM, follow significant milestones
achieved by each of its portfolio companies:



  * Motif has signed a Letter of Intent with the leading private hospital
    network in the United Arab Emirates (UAE); filed a provisional patent 
    covering its research; hired a leading population geneticist and additional 
    scientific staff, and completed three years of research and development work 
    in the US and Gulf prior to beginning its sampling program in 2006.

  * Axcess announced its 4Q2005 revenue (calendar) would be significantly
    higher than 3Q2005, based upon the rapid increase in awareness of RFID
    following a WalMart supplier mandate.  Axcess announced its turn-key Asset
    ActivatorTM RFID system for automatically locating, counting, and protecting
    enterprise assets such as IT equipment, test equipment, etc.  Axcess'
    "semi-active" tag activation methodology was widely publicized in the trade
    press as the next wave RFID solution for enterprise tagging of personnel,
    assets and vehicles of all kinds, further supported by a fourth patent
    award.  Axcess has also discussed in general terms a revolutionary new RFID
    product it plans to announce in detail and begin selling in 2006.

  * FireStar has announced the release of EdgeNode, a software product
    designed to simplify the integration of back-office transactions between
    multiple enterprises.  FireStar also booked its first customer for EdgeNode
    and filed a broad patent for the technology, with detail examples of 17
    different applications.  FireStar continues to make good progress in its
    other market development and distribution efforts.  Additionally, Raymond
    Mackenzie, formerly of Lazard Freres and Morgan Stanley, has been named to
    the Board of Directors.



Richard C. E. Morgan, CEO of Amphion, said: "Since Amphion's IPO in the summer
of 2005, each of these portfolio companies has made strong progress.  As such,
we are confident in the outlook for each business and are therefore increasing
our investment in all three companies."



For More Information:


Financial Dynamics                                       +44 (0) 20 7831 3113
Ben Atwell / John Gilbert

Amphion Innovations
Ben Austin                                               1 (917) 686-3979
baustin@amphionplc.com





About Amphion


Amphion Innovations plc recently listed on the AIM Exchange in London under the
symbol AMP.  Amphion's business is the formation, financing, management and
development of life science and technology companies, working in partnership
with corporations, governments, universities, and entrepreneurs seeking to
commercialize their intellectual property.



On the Web: www.amphionplc.com




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