SOURCE: mPhase Technologies, Inc.
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March 19, 2008 09:15 ET
mPhase/AlwaysReady Smart Nanobattery Mentioned by Credit Suisse
Nano Circle Report Highlights Energy Storage Systems of the Future
LITTLE FALLS, NJ--(Marketwire - March 19, 2008) - mPhase/AlwaysReady, Inc. (OTCBB: XDSL)
today announced that Credit Suisse, a global research and investment
banking firm, has cited the mPhase/AlwaysReady Smart NanoBattery
technology in a report entitled "Nanotechnology for Energy Systems of the
Future."
To view the full Nano Circle report please visit www.Credit-Suisse.com and
search mPhase or visit the following link:
https://entry.credit-suisse.ch/csfs/p/b2c/en/privatebanking/services/nanotech/media/pdf/newslett
er0208_en.pdf
mPhase is mentioned on page 5 under "Nanotechnology for the Energy Systems
of the Future."
Ronald A. Durando, CEO of mPhase Technologies Inc., stated, "We are
ecstatic that mPhase is starting to catch the attention of prominent
world-leading investment banking firms like Credit Suisse. This recognition
from Credit Suisse helps put mPhase on Wall Street's radar screen. We are
looking to further expose our battery technology to investors and
investment banking firms on April 3rd at our first-ever public
demonstration at AJ Maxwell's 57 W. 48th Street in New York City."
Please contact Gerard Adams, Managing Director of Investor Relations, for a
personal invitation. (973-256-3737 x105 or via email at
Gerard@mPhaseTech.com).
About mPhase/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.
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.