Kernel Capital, has confirmed a €1.5m investment in Investee Company MPSTOR Ltd, an Enterprise Ireland HPSU Company and developer of data storage management products. Kernel Capital through The Bank of Ireland Kernel Capital Fund and Asian Investment firm Winning Tack led the investment.  Mr. Kevin Haverty has been appointed as MPSTOR’s new CEO with immediate effect, Mr. Haverty was previously CEO of Mentec International Ltd. The company is based at the Cork Institute of Technology’s Rubicon Centre.

Commenting on the announcement, Frank Ryan, CEO of Enterprise Ireland said: “Enterprise Ireland welcomes this international investment and also the investment by a venture capital fund that’s supported by Enterprise Ireland in this early stage high potential company. These are exactly the type of international linkages that can help young and ambitious companies grow and develop their export markets.”

SCFI Group, based in the Rubicon Centre, today announced that it has been chosen by AlwaysOn as one of the GoingGreen Top 100 Winners. Inclusion in the GoingGreen 100 signifies major developments in the creation of new business opportunities in the green technology industries.

John O’Regan of SCFI said he is delighted that Aqua Critox® was selected by AlwaysOn as a Going Green Top 100 Winner; "We believe that Aqua Critox® offers the most sustainable sludge handling method for the 21st Century".

Delicious, Ireland’s Gluten Free Bakery, took two gold medals at the prestigious Great Taste Awards 2009. This is the UK’s most authoritative, independent standard for the fine food sector, as evidenced by its 5,000 competition entrants.

Cork Based Delicious, won two gold stars for its coconut macaroon and one gold star for its gluten free brown bread.  This is the second year running that Delicious has scooped gold at the awards.