24 Feb 2012 07:00
Press Release | 24 February 2012 |
VPhase plc
('VPhase' or 'the Company')
Notice of Preliminary Results
VPhase plc (AIM:VPHA), a leading developer of energy saving products for residential and commercial properties, will be announcing its Preliminary Results for the twelve months ended 31 December 2011 on Monday, 19 March 2012.
An analyst briefing given by Vanda Murray (Non-Executive Chairman) and Richard Smith (Chief Executive Officer) will be held at 09.00 hrs on Monday, 19 March 2012 at the office of Abchurch Communications, 16th Floor, 125 Old Broad Street, London, EC2N 1AR.
- Ends -
For further information:
VPhase plc | |
Rick Smith, Chief Executive Officer | +44 (0) 151 348 2100 |
www.vphase.co.uk |
Panmure Gordon | +44 (0) 20 7459 3600 |
Hugh Morgan / Callum Stewart Corporate Finance | www.panmure.com |
Adam Pollock Corporate Broking |
Media enquiries
Abchurch Communications Limited | +44 (0) 20 7398 7710 |
Joanne Shears / Quincy Allan | |
quincy.allan@abchurch-group.com | www.abchurch-group.com |
Notes to Editors:
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.
Web: www.vphase.co.uk
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