VPhase secures a further overseas agreement

VPhase plc

("VPhase" or the "Company" or the "Group")

VPhase secures a further overseas agreement

VPhase plc, (AIM:VPHA), a leading developer of energy saving products for residential and commercial properties,is pleased to announce that Group has today signed an agreement with Protech Energy Services ("Protech"), for the supply and installation of its VPhase VX1 product in France, Belgium, Belgium, Luxemburg and French Overseas Departments and Territories.

Protech Energy Services is an established construction, heating and air conditioning supplier and installer based in Paris. Under the arrangement, which is for an initial period of three years (and then continuing unless terminated by either party), Protech agrees to purchase a minimum quantity of the VX1 product in each year of the agreement. The agreement anticipates achieving minimum volumes to a value of £3.8 million over the initial three year period. Failure by Protech to meet the minimum quantity in any year of the agreement would enable the Company to terminate the agreement.

Rick Smith, CEO of VPhase commented: "This is the Group's third overseas agreement, which further highlights the applicability of voltage optimisation in a wide range of geographies.

"We look forward to announcing other agreements as they occur and updating the City on progress overseas at our usual reporting times."

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About VPhase

VPhase plc is an energy efficiency technology company that launched the first domestic voltage optimisation device in the UK. The VPhase VX1 lowers the voltage in the home, reducing the energy consumption of many electrical appliances, saving money and reducing carbon emissions.

The VPhase device:

- has been proven to save up to 12% off home electricity bills;

- is easily installed by a qualified electrician;

- does not require a change in lifestyle or electricity supplier;

- is low cost, with a typical payback of under 5 years;

- has a 5 year manufacturer's warranty and an expected lifespan in excess of 25 years;

- can save up to 4.5 tonnes of CO2 over its 25+ year life;

- attaches to the consumer unit (fuse box) and regulates the voltage to 220 volts;

- is the next most affordable and effective green option for the home, after insulation.

The VPhase VX1 has been extensively tested with independent verification supporting the saving claims, including an Ofgem approved CERT demonstration action, social housing trials and a range of independent consumer trials. Many electrical appliances in the home will benefit from having their voltage optimised and reduced, including fridges, freezers, central heating pumps, televisions, washing machines, vacuum cleaners, etc. - and even 'energy-saving' light bulbs. As well as reducing the homes electricity bill, there is evidence that the life of electrical appliances can be extended by the use of this product; light bulbs in particular, have demonstrated at least a doubling of operating life when on a voltage optimised circuit.

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