Brian McCoy, Gov Bob Riley, Simon O'Keeffe

Advanced Innovations Chairman, Brian McCoy and Director, SVP Marketing, Simon O’Keeffe met with Governor Riley of Alabama and Neal Wade, Director of the Alabama Development Office during the Governor’s official visit to Ireland in July. The Governor is known for his interest in commerce, education and open government. The meeting gave Advanced Innovations the opportunity to start to forge links with the State of Alabama and with local business in Huntsville. Meetings in Huntsville will ensue.

Advanced Innovations set up in Huntsville, Alabama in 2005 with Jeff Barrick leading the operation. It now has 10 staff based there and the company has several programs with suppliers in the area.

Some facts about Alabama:

Capital: Montgomery

Largest city: Birmingham Pop.: 229,800 (2007 estimate)

Width 190 miles (306 km)

Length 330 miles (531 km)

Population 4,661,900 (2008 est.)

Highest point Mount Cheaha, 2,413 ft (734 m)

Admission to Union December 14, 1819 (22nd)

Governor Robert R. Riley (R)

Lieutenant Governor Jim Folsom, Jr. (D)

U.S. Senators Richard Shelby (R) and Jeff Sessions (R)

U.S. House delegation Aderholt, Robert (R), Bachus, Spencer (R), Bonner, Jo (R), Bright, Bobby (D), Davis, Artur (D), Griffith, Parker (R), Rogers, Mike (R).

Time zone Central: UTC-6/DST-5

Website http://www.alabama.gov

Advanced Innovations, a world leader in the creation and orchestration of global supply chain networks that design, build and deliver electronic products for its customers, today announced that its CEO, Robert O’Donnell has been shortlisted for the 2010 Ernst & Young Entrepreneur of the Year award. The company’s innovative business model has delivered rapid growth – 300% over the past five years – in the UK, the US and China, where it has its Asian operations centre in Shenzhen. Robert has led its transformation from local Irish contract manufacturer into an agile, global competitor. “Today’s announcement is a fantastic recognition for everyone at Advanced Innovations who continue to work tirelessly to build a truly global company from a solid Irish foundation. This is a great endorsement of the way the people in it have grown and changed to combine solid operations with entrepreneurialism. It reflects the way fast growing customers like Promethean, itself a world leader in interactive learning technologies see Advanced Innovations – as a partner in growth, said Robert O’Donnell. The program ahead is a tough one that will, I think, drive and inform our growth strategy for the coming years”.

The Ernst Young Entrepreneur of the Year is part of a global recognition programme to identify, celebrate and support entrepreneurs. The scheme runs in more than 40 countries across six continents. The shortlist was selected from a competitive pool of over 120 business and individual entries received from across the island of Ireland.

For information about Advanced Innovations: www.AdvancedInnovationsInc.com

Further information: Simon O’Keeffe, +353 (87) 2513306,

SimonOKeeffe@AdvancedInnovationsInc.com

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Industry Week and AI

“By transforming Advanced Innovations into a true business partner that models, scales, and manages operations for electronics manufacturers, we are meeting a growing need in today’s rapidly changing global marketplace,” said Robert O’Donnell, CEO of Advanced Innovations. “Central to AI’s growth and success are the use of innovative technology that allows for collaboration and transparency, a deep focus on understanding the specific needs of each customer and our ability to rapidly customize a supply chain solution that utilizes the right resources wherever they may be geographically located.”

The Fast 50 program, now in its tenth year in Ireland, ranks the fastest-growing technology companies in the Republic of Ireland and Northern Ireland. The average growth rate of the Fast 50 companies named in this year’s ranking is 789%.

Announcing the winners of the Technology Fast 50 program, David O’Flanagan, Partner, Deloitte, Dublin said: “The aim of this year’s Fast 50 was to showcase the resilience and determination of Ireland’s indigenous technology industry and this has certainly been achieved. Our winners show that they are rising above the challenging business environment and are proof that inventive companies will continue to be successful.”

The awards took place in Clontarf Castle on October 15th.  Industry figures speaking at the event included Paul Rellis, Managing Director, Microsoft Ireland; Michael Dwyer, Founder and CEO, Empathy Marketing Limited (Pigsback.com); and Jim Sloane, Lead Technology Partner and Vice Chairman, Deloitte UK.

Details of the final Technology Fast 50 ranking list are available to download at www.fast50.ie

PR Contact:

Jorge Lavina

CooperKatz for Advanced Innovations

+1.917.595.3047

jlavina@cooperkatz.com

Editor’s Notes:

About Advanced Innovations, Ltd.

Advanced Innovations Limited (“AI”) is an international provider of electronics product design, manufacturing and supply chain solutions to Original Equipment Manufacturers (OEMs) who face rapidly changing customer demand and for whom innovation, time-to-market and delivered cost are critical success factors. It conducts operations in Ireland, China, Canada, India, UK and USA. For more information please visit www.advancedinnovationsinc.com

About the Deloitte Technology Fast 50 Program

To enter the Fast 50 Awards, companies must meet the criteria listed below.  Entries must be sent in electronically, with the necessary supporting documents (audited financial statements).

Entry Criteria:

• Have been operating for a minimum of five years
• Considered a technology company, which is defined as producing technology, manufacturing technology-related products, be technology intensive, or use unique technology to solve problems, devoting a high percentage of effort to technology R&D
• The parent company must be Irish-owned and have its headquarters in Ireland(subsidiaries of multinational organisations do not qualify)
• Operating revenues must be at least €50,000 for 2004

Also today, the company announced that it has signed a strategic partnership agreement with Trilliant Incorporated of Redwood City, Calif. Trilliant is a leader in intelligent networks that power the Smart Grid, allowing utilities to optimize the delivery of energy to consumers. Both announcements were made following a business breakfast in New York co-hosted by Enterprise Ireland (EI) and the NYSE Euronext. The event featured an address by Ireland’s new Prime Minister, Brian Cowen, T.D., and was attended by more than 200 guests that included EI client representatives and their U.S. customers, among others.

The U.S. expansion represents another high point for AI, while the Trilliant deal marks an important new partnership milestone. Since entering the U.S. market in 2005, AI has established significant traction in the fast-growing energy, education and RFID sectors and beyond, with customers benefiting from the company’s comprehensive electronics design, manufacturing and supply-chain solutions.

According to CEO, Robert O’Donnell, “The U.S. represents a high-growth market for our company and we’re deeply committed to expanding our investment in the region. Our new Virginia operation will allow us to expand our knowledge-based resources, which, in turn, will enable AI to better serve our existing customers while providing a platform for growth into new market segments.”

While the Huntsville, AL hub will continue to serve as the company’s primary customer support centre, the Virginia operation will serve as AI’s business development hub and will drive the company’s North American strategy. This strategy calls for a focus on specific target markets and companies with differentiated “go-to-market” strategies and disruptive technologies that can be enhanced by AI’s unique services.

About Advanced Innovations, Ltd.

Advanced Innovations is an international provider of electronics product design, manufacturing and supply chain solutions to Original Equipment Manufacturers (OEMs) who face rapidly changing customer demand and for whom rapid innovation, time-to-market and delivered cost are critical success factors. It conducts operations in Ireland , China , Canada , India , UK and USA . For more information please visit www.advancedinnovationsinc.com

About Enterprise Ireland

Enterprise Ireland is the Government Agency responsible for driving leadership and growth for innovative Irish companies in international markets. With a network of 13 domestic offices and 32 international locations, Enterprise Ireland helps world-class Irish companies establish strong positions in global markets, thereby increasing regional and national prosperity.

Contact

Name: Robert O’Donnell

Tel: (256) 585-4909

E-mail: robert.odonnell@advancedinnovationsinc.com

LIMERICK, Ireland and REDWOOD CITY, Calif. – July 16, 2008 – Advanced Innovations (AI), an electronics product design and manufacturing solutions house that offers complete product life cycle management and supply chain services, and Trilliant Incorporated, the leader in delivering intelligent networks that power the Smart Grid, today signed an agreement in principle to combine Trilliant’s market-leading Smart Grid products and services with AI’s global supply chain capabilities. This agreement was signed in the presence of Ireland’s new Taoiseach (Prime Minister), Mr. Brian Cowen, today in New York City

The Taoiseach appeared at The New York Stock Exchange as part of his visit to New York. During his visit, the Taoiseach will attend a series of planned engagements with key business and political leaders and will also deliver the keynote address at the “Wall Street 50” dinner on July 17.

Trilliant and AI have been working in concert on multiple Smart Grid initiatives in North America with the common goal of helping utility companies optimize the delivery of energy to consumers. Today’s announcement underpins the work that Trilliant and AI are doing to deliver comprehensive smart metering solutions to current and future customers. This work is focused on collaborating with utilities to develop a solution that produces immediate results and is future-proofed in the face of rapidly-changing, far-reaching changes in energy management.

AI is an electronics product design and manufacturing solutions house that offers complete product life cycle management and supply chain services to companies in the avionics, education, gaming, utilities and government sectors that need to get product to market faster and to achieve a lower delivered cost. AI’s clients benefit from greater corporate agility, which allows them to focus on their markets and customers while AI gets on with ensuring they get the product they expect. Because it allows them access to AI’s specific expertise and global operations, AI’s product design services and manufacturing programs are also ideal for companies whose core business is not electronics, but who require electronic enhancements to their products.

“Energy management isn’t a local problem, it’s a global issue and one that requires a global mindset,” said Robert O’Donnell, CEO of Advanced Innovations Ltd. “In our work with Trilliant we’ve encountered a company that has not only assembled an amazing array of products and services designed to bring the Smart Grid online, but one with whom we are fully prepared to tackle this issue worldwide.”

Trilliant has been delivering innovative products, services and solutions designed to improve energy management since 1985. Trilliant products and services act as the equivalent to a central nervous system for the Smart Grid, the critical communication layer necessary to process information and control system elements. More than 100 utilities have benefited from Trilliant’s expertise over the years, many of whom are currently partnering with Trilliant today to help implement Smart Grids around the world.

“Both Trilliant and AI have aggressive goals with respect to expanding beyond our home countries,” said Bill Vogel, CEO of Trilliant. “Today’s agreement combines the best of Trilliant’s North American Smart Grid expertise with AI’s global supply chain expertise and relationships. We are extremely pleased with our relationship with AI and are honored that the prime minister will be presiding over the formalization of AI and Trilliant’s relationship.”

About Advanced Innovations, Ltd.

Advanced Innovations Limited (“AI”) is an international provider of electronics product design, manufacturing and supply chain solutions to Original Equipment Manufacturers (OEMs) who face rapidly changing customer demand and for whom rapid innovation, time-to-market and delivered cost are critical success factors. It conducts operations in Ireland, China, Canada, India, UK and USA. For more information please visit www.advancedinnovationsinc.com

About Trilliant Incorporated

Trilliant is the leader in delivering intelligent networks that power the Smart Grid. Trilliant offers a combination of hardware, software and services that together act as the equivalent to a central nervous system for the Smart Grid. Since its founding in 1985, the company has been a leading innovator in the delivery and implementation of advanced metering infrastructure (AMI), demand response, and grid management solutions in addition to installation, program management and meter revenue cycle services. Trilliant is focused on enabling choice for utility companies, ranging from meter, network and IT infrastructures to full or hybrid outsource models. Trilliant has more than 100 utility customers including Duke Energy, E.ON US (Louisville Gas & Electric), Hydro One, Hydro Quebec, Jamaica Public Service Company Limited, Milton Hydro, Northeast Utilities, PowerStream, Public Service Electric & Gas, San Diego Gas & Electric, Toronto Hydro Electric System Ltd., and Union Gas. The company is privately owned. For more information please visit www.trilliantinc.com