VPhase wins Electrical Industry Award

VPhase plc

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

VPhase wins Electrical Industry Award

VPhase plc, (AIM:VPHA), the leading provider of energy-saving products for residential and commercial properties, is delighted that its voltage optimisation product has been awarded The Electrical Industry Awards Innovative Residential/Domestic Product for 2010. This prestigious award that identifies innovative new products is to recognise and reward the achievements of those working in the UK's diverse electrical sector.

The judging was undertaken by a panel of independent experts representing different elements of the electrical sector: including IET, ECA, BEAMA & NICEIC amongst others.

VPhase has been recognised as an innovative technology that allows you to save money on your electricity bill instantly without any change in behaviour.

Rick Smith, VPhase CEO, said: "We are delighted to have received this award. It helps to recognise and promote the major benefits that VPhase voltage optimisation can deliver to homes to help them save money and reduce their carbon footprint. It is especially pleasing as VPhase has been selected for the award by key electrical industry experts."

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About VPhase PLC

VPhase plc provides a product that reduces the energy consumption of many domestic electrical appliances.

The Company's Voltage Optimisation product is attached to the consumer unit (fuse box) in order to control the incoming voltage for selected circuits to a target set point of 220 volts. A voltage level within European limits where it has been demonstrated that many appliances work more efficiently, use less electricity and carbon emissions are reduced. The device is low cost, easy to fit for a qualified electrician and will start to save the home owner money from the moment of installation without the need for behavioral changes.

Independently verified tests by VPhase have demonstrated that the product can typically save around 10% of the electricity across a range of domestic products including fridges, freezers, central heating pumps, televisions and other items, even 'energy-saving' light bulbs. This should equate to savings for the typical homeowner of between £40 and £135 per annum.

In addition, 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 two times longer life when on a circuit managed by the voltage optimisation product as compared to those without the product.

www.vphase.co.uk