SOURCE: mPhase Technologies

June 18, 2008 10:00 ET

mPhase/AlwaysReady Inc. to Present at NJTC Mid Atlantic Security & Defense Expo on June 19

LITTLE FALLS, NJ--(Marketwire - June 18, 2008) - mPhase Technologies, Inc. (OTCBB: XDSL) today announced that Mr. Alex Langa, Director of Business Development for its wholly owned subsidiary AlwaysReady Inc., will present the company's breakthrough Smart Nanobattery technology at the New Jersey Technology Council (NJTC) Mid Atlantic Security & Defense Expo held at the Sarnoff Corporate Headquarters on June 19th in Princeton, New Jersey.

The conference will showcase products and services in the areas of Defense and Homeland Security, and will feature technologies such as RFID, advanced materials, and communications.

AlwaysReady, Inc., as a micro and nanotech development company focused on advanced power and sensing solutions, will discuss its flagship product, the Smart Nanobattery featuring Power On Command™. The Smart Nanobattery offers a revolutionary approach to energy storage and power management in commercial, consumer and military applications, and recently has undergone high G-Force testing in a military armament test firing, with successful results.

AlwaysReady CEO Fred Allen stated, "We are pleased to be participating in this event because defense and security are significant markets that will help us to gain more traction as we move towards commercialization. We hope to capture a significant share of the reserve and advanced battery markets, and believe that our product advantages are particularly valuable in this arena."

Potential applications for the nanobattery could be as a reserve energy source for munitions or remote sensors. Others could be the emergency power for alerts/alarms or portable light sources like flashlights.

More event information can be found at http://www.njtc.org/.

About mPhase Technologies, Inc. and AlwaysReady, Inc.

mPhase Technologies, Inc. (OTCBB: XDSL), through its wholly owned subsidiary AlwaysReady, Inc., is focused on developing and commercializing a new battery technology based on a well-patented phenomenon known as electrowetting, which provides a unique way to store energy and manage power that will revolutionize the battery industry. For more information, please visit our website at www.mPhaseTech.com.

Safe Harbor Statement

This news release contains forward-looking statements related to future growth and earnings opportunities. Such statements are based upon certain assumptions and assessments made by management of companies mentioned in this press release in light of current conditions, expected future developments and other factors they believe to be appropriate. Actual results may differ as a result of factors over which the company has no control.

Contact Information


  • Contact:
    Mr. Gerard Adams
    mPhase Technologies, Inc.
    Investor Relations
    973-256-3737 x105
    Email Contact