SOURCE: mPhase Technologies

mPhase Technologies

September 09, 2009 09:15 ET

mPhase Technologies Chief Scientist to Discuss "The Future of Batteries"

Panel of Battery Experts Will Discuss at NanoBusiness Conference 2009

CHICAGO, IL--(Marketwire - September 9, 2009) - mPhase Technologies, Inc. (OTCBB: XDSL) today announced that Chief Scientist Victor Lifton will participate with a group of battery experts on "The Future of Batteries" panel. The panel's discussion will take place at 10:00 AM on Thursday, September 10 at the Chicago Hyatt Regency McCormick Place during the NanoBusiness Conference 2009.

Along with mPhase Technologies, QuantumSphere, Firefly Energy, and Nanosolutions were also invited to participate on this expert panel. The discussion will focus on how batteries will impact several different business sectors in the coming years. The advantages of implementing newly developed battery technology will be detailed throughout the presentation.

"Our Chief Scientist Victor Lifton will offer a great perspective on the future of batteries and specifically the future of reserve batteries," said mPhase CEO Ron Durando. "Mr. Lifton has been an integral piece in the key advancements of the Smart NanoBattery and I expect that he will offer a unique perspective on developing advanced battery technology."

mPhase has made significant progress over the previous 12 months in developing its Smart NanoBattery under the U.S. Army STTR program. The company sees potential applications of the battery in several military, government, industrial, and consumer settings. With unique smart programmability, Power on Command™ and an unsurpassed shelf life, the Smart NanoBattery may create a new standard for future batteries.

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.

About The NanoBusiness Alliance

The NanoBusiness Alliance's mission is to create a collective voice for the advancing nanotechnology industry and develop a range of initiatives to support the nanotechnology business community. Among the NanoBusiness Alliance's goals are the development of research and education programs, public policy and lobbying initiatives, public awareness campaigns, and industry support networks. The NanoBusiness Alliance has locations in New York City and Chicago, IL and soon will be opening an additional office in Washington, DC. www.nanobusiness2009.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.

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