SOURCE: mPhase Technologies

mPhase Technologies

April 19, 2010 09:28 ET

mPhase Executive Steve Simon to Address NanoBusiness Conference/NYC

Address Will Provide Update on mPhase's Smart NanoBattery

LITTLE FALLS, NJ--(Marketwire - April 19, 2010) -  mPhase Technologies, Inc. (OTCBB: XDSL), the developer of Power on Command™ battery technologies, announced that its Chief Technology Officer Steve Simon will address NanoBusiness Conference/NYC on Tuesday, April 20, 2010. The event will take place at the Marriott Marquis Times Square in New York City.

Steve Simon, Chief Technology Officer at mPhase, said, "I am looking forward to the conference and the opportunity it provides to present the most recent developments in our battery technology to a broad audience. In particular, my address will focus on our Smart NanoBattery, its current stage of development and its potential uses."

mPhase is a leader in the development and commercialization of reserve batteries. The company recently began selling its 3-volt lithium-based mPower On Command™ reserve battery, which features a barrier inside the battery that separates the battery's electrolytes from its electrodes, enabling the battery to stay fully charged until activated. By comparison, conventional batteries do not allow for such separation and experience significant power capacity drain prior to activation. The mPower On Command™ reserve battery can be stored for decades without losing energy. When the knob on the end of the reserve battery is twisted, the seal is broken, allowing the liquid electrolyte to interact with the solid electrode -- creating instant power.

mPhase's Smart NanoBattery is a second generation version of the mPower On Command™ reserve battery. Rather than requiring human action to bring the electrolyte and electrodes together, the Smart NanoBattery can be triggered remotely, by computer or other device.

Co-located with the NYBA (New York Biotechnology Association) Annual Meeting being held that week, the NanoBusiness Conference/NYC will feature a series of sessions with leaders in finance, government and science.

To register please visit http://www.nynanobusiness.org/register.php

About The NanoBusiness Alliance
The NanoBusiness Alliance is the industry association for the emerging nanotechnology industry. Through its extensive network of leading startups, Fortune 500 companies, research institutions, non-governmental organizations and public-private partnerships, the Alliance shapes nanotechnology policy and helps accelerate the commercialization of nanotechnology innovations. The NanoBusiness Alliance has offices in Chicago, New York, Connecticut and Washington, DC. For more information, visit http://www.nanobusiness.org.

About mPhase Technologies, Inc.
mPhase Technologies, Inc. is focused on developing and commercializing a new battery technology featuring Power On Command™ which provides a unique way to store energy and manage power that will revolutionize the battery industry. mPhase, through its 100% owned consumer products division mPower Technologies, is marketing its first Power On Command product, The mPower Emergency Illuminator. For more information, please visit http://www.mPhaseTech.com and http://www.mPowerTech.com.

Forward-Looking Statements
As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; acceptance of the Company's products in the market; the Company's success in technology and product development; the Company's ability to execute its business model and strategic plans; and all the risks and related information described from time to time in the Company's SEC filings, including the financial statements and related information contained in the Company's SEC Filing. mPhase assumes no obligation to update the information in this release.

Contact Information

  • Contacts:
    Michael Meek
    mPhase Technologies, Inc.
    Investor Relations
    301-718-1635

    The Investor Relations Group
    212-825-3210
    Jason Strominger
    Erika Moran