'A Prelude to a 10 bagger'

A new investment today - I wasn't pro new investments, but Oxford Immunotec looks fantastic and now I have to admit this one looks pretty exciting at first glance. PDT have picked up 19% at a low valuation with not much outlay, and Lime will be supplying in volume in 2007, so not too far away either. Not bad at all!


"Prelude Trust plc ('Prelude'), the investment trust that specialises in early
stage, technology-based businesses, has invested £325,000 in Lime Microsystems
Limited ('Lime'). Lime is a fabless semiconductor company developing mixed
signal radio frequency integrated circuits for emerging wireless data services
markets. The investment is the first part of a larger financing round being
provided by Prelude and ACT Venture Capital and the Trust has a 19% shareholding in the company.

Alan Duncan a director of Prelude Ventures and Lime Microsystems said: 'Wireless broadband data is currently limited to 'WiFi' although new and enhanced services are being planned. We believe Lime's proprietary technology will enable the 'roll-out' of some of those new offerings. Although at an early stage, we expect Lime to be sampling its first chips in 2006 and to be supplying in volume the following year. We foresee a major opportunity in broadband wireless RF chips and believe Lime has the technology that will enable it to establish the leading position in these growth markets.'

Ebrahim Bushehri, CEO and a founder of Lime, added; 'Lime is focusing on the
high performance wireless RF chips that are needed in order for broadband
wireless services to become a reality We are delighted to have completed this
financing with Prelude and ACT.'"