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Company launches energy saving device

CHESTER-BASED technology firm VPhase is to launch its first commercial energy saving product in October.

The Alternative Investment Market-listed firm develops energy saving devices for the home and small commercial applications.

The new product, VX1, is the result of continuing research and development at VPhase’s Capenhurst site.

It is designed to sit alongside fuse boxes and stabilise voltage to a lower level, which the company claims has two main benefits.

It limits energy being wasted, as many products do not benefit from a higher voltage, and by reducing the voltage, it could extend the life of a device.

Dr Lee Juby, chief executive of VPhase, said: “We are excited to be launching the first of a range of VPhase products to the whole construction industry, both new-build and refurbishment, at Interbuild.

“We look forward to making VX1 widely available throughout the UK early in 2009, followed by the rest of Europe and North America.”

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