VPhase wins contract with British Gas

VPhase plc

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

VPhase wins contract with British Gas

VPhase plc, (AIM:VPHA), a leading developer of energy saving products for residential and commercial properties,is pleased to announce that the Group has signed an agreement with British Gas Trading Limited ("British Gas"), the nation's leading gas and electricity supplier and part of Centrica plc, to provide its VPhase voltage optimisation product to British Gas customers.

The contract is for the supply of VPhase's low cost energy saving product, and will run from the date of this announcement to 31 December 2014.

Rick Smith, CEO of VPhase commented: "The Board is delighted that a high profile organisation such as British Gas has recognised the compelling savings that VPhase offers, enabling the householder to save up to 12% p.a. on their electricity bills, with no change in lifestyle.

"We announced our first order of British Gas in September 2011 and this formal agreement gives the Group access to a large number of households throughout the country and we look forward to working alongside British Gas. As energy prices continue to rise, VPhase is committed to promoting energy efficiency, and we are delighted to be a part of the British Gas initiatives in this space."

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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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