Feeds

'Safe' mobile phone battery firm goes titsup

UK punters don't want protecting

Choosing a cloud hosting partner with confidence

Exradia Limited, the company selling batteries that protect users from potentially harmful radiation, has gone into liquidation owing thousands of pounds to suppliers.

London-based Exradia Limited, the UK operation of US parent Exradia Inc, was set up in September 2006 to market "Angel" batteries, that apparently contain a radio-emitting circuit intended to disrupt the uniform signal produced by the mobile phone. It's the uniformity of the signal that's believed to cause damage to human tissue.

However, the creditor's report describes the product as "far from complete and... not currently viable".

In 18 months of life Exradia Limited managed to burn through almost £6m, mostly on staff and offices, including £65,000 in staff bonuses in 2007.

The company isn't answering calls, and its website has been suspended. However, Expansys (USA) is still accepting pre-orders for the firm's radiation-protecting battery.

Creditors of the company, who were called into a meeting last week, were told many of the assets have been transferred to the US operation (formerly called the EMX Corporation), which has also taken on two of the management and three staff. This arrangement has left suppliers owed thousands, money they were promised once new funding from the US parent had been obtained.

The company apparently has some stock and merchandise, but the creditor's report says: "In the view of the viability of the product, it is not considered to have any material value."

The transferred staff are remaining in the UK, so it's possible we'll see a new incarnation of the company in coming months, probably pushing the same old snake oil - we'll keep you posted. ®

Bootnote

Interestingly, our mention of the company over Christmas saw its on-site survey reporting that less than 30 per cent of people wanted protecting - down from 82 per cent before the article appeared.

Choosing a cloud hosting partner with confidence

More from The Register

next story
Download alert: Nearly ALL top 100 Android, iOS paid apps hacked
Attack of the Clones? Yeah, but much, much scarier – report
Broadband sellers in the UK are UP TO no good, says Which?
Speedy network claims only apply to 10% of customers
Virgin Media struck dumb by NATIONWIDE packet loss balls-up
Turning it off and on again fixes glitch 12 HOURS LATER
Yahoo! blames! MONSTER! email! OUTAGE! on! CUT! CABLE! bungle!
Weekend woe for BT as telco struggles to restore service
Fujitsu CTO: We'll be 3D-printing tech execs in 15 years
Fleshy techie disses network neutrality, helmet-less motorcyclists
Facebook, working on Facebook at Work, works on Facebook. At Work
You don't want your cat or drunk pics at the office
Soz, web devs: Google snatches its Wallet off the table
Killing off web service in 3 months... but app-happy bonkers are fine
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
10 threats to successful enterprise endpoint backup
10 threats to a successful backup including issues with BYOD, slow backups and ineffective security.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Getting ahead of the compliance curve
Learn about new services that make it easy to discover and manage certificates across the enterprise and how to get ahead of the compliance curve.