SOURCE: mPhase Technologies

February 26, 2008 14:15 ET

mPhase/AlwaysReady to Demo Breakthrough Battery Technology

First Ever Public Demo on April 3rd, 2008

LITTLE FALLS, NJ--(Marketwire - February 26, 2008) - mPhase/Always Ready, Inc. (OTCBB: XDSL) announced today that it will be demonstrating for the first time to the public its breakthrough battery technology. A live demonstration will be taking place on Thursday, April 3rd, 2008 at 9:00 am at AJ Maxwell's 57 W. 48th Street in New York City. All interested parties are welcome.

The mPhase/Always Ready battery is based on a patented electrowetting phenomenon which allows for a potentially infinite shelf life by mixing "Power on Command." The battery has recently been successfully field tested by the U.S. Army.

Other advantages of the battery include:

--  Green (environmentally friendly)
--  Potentially infinite shelf life
--  Lower Manufacturing cost
--  Power Management functionality
--  Faster ramp to power
--  Flexible arrayed configurations
--  Versatile packaging
    

Please contact Gerard Adams, mPhase Director of Investor Relations, for a personal invitation.

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.

Contact Information

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