Gardaí are at the scene of a shooting at Bray Boxing Club.
The club was started by unified lightweight champion Katie Taylor's father, Pete Taylor.
She went on to win gold at London 2012.
A gunman wearing a balaclava or helmet and armed with what police believe was a handgun entered the gym.
His injuries, and those of the other man, have been described by gardaí as not life-threatening. It is believed he was wearing a high-visibility jacket and had his face covered.
Mr Ward said the dead man was attending a regular fitness session.
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"It was a normal session on a normal day and it was being undertaken by people who normally undertake that session in the early hours of the morning".
He said it was unclear whether the gunman had an accomplice.
Gardai said the suspect had fled the scene at the Harbour area of Bray in a white or silver van. "That's something that we are trying to find out". Katie Taylor, one of the most successful amateur boxers in recent history, trained out of the gym at the outset of her career but was training in the United States at the time of the shooting.
Inside the gym in Bray, Co.
The Garda National Bureau of Criminal Investigation are assisting local units in the investigation, and members of the garda technical bureau commenced a forensic examination of the scene.
There is still a heavy police presence at the club while forensic officers carry out their investigation.