29 Jul 2010 09:16
| Press release | 29 July 2010 |
VPhase plc
("VPhase" or "the Group")
European Patent Granted for VPhase
VPhase plc (AIM: VPHA), a leading provider of energy saving products for residential and small commercial properties, is pleased to announce thatthe European Patent Office has granted a European voltage control patent to the Group.
The patent will be identified as European patent number 1913454 and the mention of grant was published in the European Patent Bulletin on 28 July 2010. In addition the Group has been informed that patents have been granted in New Zealand and the USA. Once the patent is translated in all 30 countries designated in the European application it will have been granted in 34 countries in total including Russia and South Africa.
The success of this filing further validates the unique and effective way that the VPhase voltage optimisation units operate in providing reduced electricity bills for consumers by controlling the incoming voltage for selected circuits to a target set point of 220 volts.
Lee Juby, CEO of VPhase, commented: "This patent recognises the unique and effective way VPhase operates to optimise voltage in the home and save money. We hope this approval will help drive the business forward within the wider European domain, and help homes across Europe to reduce their emissions and energy bills."
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For further information:
| VPhase plc |
|
| Lee Juby, Chief Executive Officer | Tel: +44 (0) 151 348 2139 |
| Rick Smith, Director | Tel: +44 (0) 151 348 2116 |
|
| www.energetixgroup.com |
| Ambrian Partners Limited | Tel: +44 (0) 20 7634 4700 |
| Andrew Craig / Ben Wright, NOMAD |
|
| Shaun Whyte, Corporate Broking | www.ambrian.com |
Media enquiries:
| Abchurch Communications Limited | Tel: +44 (0) 20 7398 7710 |
| Quincy Allan / Justin Heath |
|
| quincy.allan@abchurch-group.com | www.abchurch-group.com
|
About VPhase plc
VPhase plc provides a product that reduces the energy consumption of many domestic electrical appliances.
The Company has developed a Voltage Optimisation product designed to be 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. This is slightly higher than the minimum design point for electrical items in Europe, thereby ensuring that electrical appliances in the home operate closer to the voltage condition for which they were designed.
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.vphaseplc.com