SOURCE: mPhase Technologies, Inc.

November 26, 2007 13:35 ET

mPhase/AlwaysReady NanoBattery Successfully Powers Smart Shell

LITTLE FALLS, NJ--(Marketwire - November 26, 2007) - mPhase Technologies, Inc. (OTCBB: XDSL) today announced a successful firing of its AlwaysReady, Inc. Smart NanoBattery that delivered power for a 120mm smart shell fired by a US Army Abrams tank for 3 miles.

Details will be provided later this week.

About mPhase Technologies, Inc.

mPhase Technologies, Inc. is a publicly traded (OTCBB: XDSL) technology development company owning 100% of AlwaysReady, Inc., 95% of Granita Media, Inc. and 10% of Sovereign Tracking Systems LTD. For more information, please visit

About AlwaysReady, Inc.

AlwaysReady, Inc., a new 100% owned subsidiary of mPhase Technologies, Inc. (OTCBB: XDSL), is a micro and nanotechnology development company focused on advanced power and sensing solutions. AlwaysReady designs and develops proprietary technology by manipulating matter at the scale of atoms and molecules, controlling properties at the micro- and nanometer levels, and packaging solutions into products that provide value to customers. The Smart NanoBattery offers a revolutionary approach to energy storage and power management. For more information, please visit

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.

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