1. MANUFACTURE .
The manufacture and sale of “E-clips” had been a traditional 23 year old product of Professional Technical Services, Inc., when that company was merged into EET in 2005. Manufacture has continued in EET and, in parallel, a new, value-engineered and re-designed range of E-clips was developed and launched in December, 2008. There is a large potential market for transient voltage surge suppression (“TVSS”) and EET has undertaken to provide the best TVSS available to the market. Early indications of sales of the new range and traditional range of Eclips show a significant increase in orders booked up to end Q1, 2009.
“E-Clips” is regarded as an energy efficient product because it protects circuitry and electrical appliances from the effects of power surges. Lightning strikes cause localized voltage surges, known as ‘spikes’ which can burn through electrical wiring. The surge will then melt down the sensitive internal circuitry of domestic appliances (TVs, computers, etc.), commercial equipment, including telephone and alarm systems, and heavy duty electrical industrial installations.
The “E-Clips” provide a ‘fuse’ which helps prevent voltage surges entering the premises which it guards. In a large surge, the “E-clip” is rendered useless but it prevents significantly expensive re-wiring and building repairs and the cost of replacing damaged electrical appliances and equipment. The down time and loss of stored information in computer systems is avoided.
There is an enlarging market for E-clips as the potential savings for a large range of applications is recognized. In an increasing number of cases, fire and emergency regulations mandate the installation of TVSS to ensure important alarm, fail-safe and power regulating systems are fully protected from power surges.