SOURCE: mPhase Technologies

September 15, 2008 09:00 ET

mPhase Will Demonstrate Its Breakthrough in MicroFluidics and Nanotechnology at NanoEurope 2008

mPhase Will Be Holding Hourly Demonstrations of the Superhydrophobic Effect Used in Nanobattery Activation

ST. GALLEN, SWITZERLAND--(Marketwire - September 15, 2008) - Leading microfludics and nanotechnology development company mPhase Technologies, Inc. (OTCBB: XDSL) a Silver Sponsor of the 2008 NanoEurope Congress and Exhibition in St. Gallen, Switzerland, a major European nanotechnology event, will be holding live demonstrations of its breakthrough in microfluidics by demonstrating the superhydrophobic effect of a liquid on a nanostructured surface every hour on the hour on September 16 and 17, starting at 10.00 and ending at 16.00 h.

This is the first time that mPhase will be revealing its superhydrophobic technology to the European community. In addition, mPhase will also be demonstrating its manually activated reserve battery with a breakable separator designed for an emergency flashlight application on September 16th and 17th at 13.00 h.

The NanoEurope exhibition, held concurrently with the technical congress, offers companies from a wide range of business sectors a showcase for nanotechnology-enabled products. Last year, some 3,500 visitors from over 40 countries attended the NanoEurope event. Participation gives mPhase exposure to European markets and an opportunity to demonstrate its unique platform technology that serves as the basis for the AlwaysReady Smart NanoBattery.

According to mPhase CEO Ron Durando, "We are thrilled to be introducing ourselves to the European audience for the first time and exploring relationships with prospective partners and customers interested in the Smart NanoBattery and our platform porous membrane technology."

About mPhase Technologies, Inc. and AlwaysReady, Inc.

mPhase Technologies, Inc. (OTCBB: XDSL), is a U.S. based microfluidic and nanotechnology specialist. Through its wholly owned subsidiary AlwaysReady, Inc., mPhase is focused on developing and commercializing its first nanotechnology based product the Smart NanoBattery. This new battery technology is 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 NanoEurope.

The sixth NanoEurope, leading European exhibition for the transfer of nanotechnology know-how, will be held in St. Gallen, Switzerland from September 16 - 17, 2008.

The international congress will present successful commercial nanotechnology applications and introduce new scientific knowledge that can be commercialized.

The exhibition, held concurrently with the congress, offers businesses from a wide range of technology sectors a platform to display solutions for commercializing nanotechnology research results. For more information please visit -- http://www.nanoeurope.com/wEnglisch/messen/nanoeurope/01_besucher/home/home.php. For a list of exhibitors please visit -- http://www.nanoeurope.com/wEnglisch/messen/nanoeurope/01_besucher/messe/ausstellerverzeichnis_2008W3DnavanchorW261110064.php.

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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