Iafyds plc, formerly VPhase plc is an energy efficiency technology company. The Company develops products that provide energy efficiency solutions to certain identified problems in the energy market. The Company’s Product Range includes VPhase VX5, VPhase VX2 and VPhase VX1. VPhase VX5 is designed for large homes and small businesses. VPhase VX2 is designed for homes and single phase installations of up to c. 17,500 kilowatt hour per annum. VPhase VX1 unit is designed for homes and single phase installations. The VPhase product range lowers the voltage in the home. In October 2013, the Company announced the disposal of all of the intellectual property and tooling of its operating subsidiary VPhase Smart Energy Limited.