SOURCE: mPhase Technologies, Inc.

July 10, 2008 09:00 ET

mPhase/AlwaysReady to Serve Sensor Market With Unique Wirelessly Activated Smart NanoBattery

LITTLE FALLS, NJ--(Marketwire - July 10, 2008) - mPhase Technologies, Inc. (OTCBB: XDSL), and its subsidiary AlwaysReady, Inc., today announced that development of their Smart NanoBattery is expected to position the company for entry into the sensor network market. The key feature of the technology that is being explored is the wireless activation capability, by which individual sensors or the entire network could be remotely activated at will via a radiofrequency (RF) signal.

The ability for the user to activate the Smart NanoBattery at will is known as Power on Command™. While all methods of activating the Smart NanoBattery benefit from this feature, wireless activation in particular offers an additional benefit -- the user is not required to be physically present or to have a pre-developed wired system in order to initiate power. This is a significant advantage over conventional batteries which usually do not permit precise user control over when or where the battery operation begins. It is especially valuable in situations where reliable power is critical, and where access to a remote area may be difficult. It could also be applied in cases where numerous devices need to be activated simultaneously.

Sensor networks, which consist of multiple autonomous devices working together, are used in both military and consumer applications. Devices within such networks are often used to monitor or control an environment or habitat, and may respond to sound, motion, vibration, or other stimuli. In a distributed array of sensors, each could include a Smart NanoBattery. Sensor networks could be used, for example, to monitor traffic or pollution, in home security systems, in healthcare applications, for fire detection, and for military battlefield surveillance. The number of potential applications is growing, providing an excellent opportunity for mPhase/AlwaysReady to leverage the Smart NanoBattery strengths.

Said AlwaysReady CEO Fred Allen, "We believe that the Smart NanoBattery can serve as a key platform technology in sensor network development because we offer advantages that other battery developers do not. Mobility for example is a key issue -- when sensor nodes or base stations are moving, a wired system may not be possible. In this case, remote activation may be the only solution."

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