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Home > News > mPhase Technologies Responds to Investor Inquiries

August 21st, 2006

mPhase Technologies Responds to Investor Inquiries

Abstract:
mPhase Technologies, Inc. (OTCBB:XDSL) today issued a statement in response to numerous questions raised by investors concerning its August 17, 2006 announcement of Board of Directors approval to spin out its magnetometer business. The new entity will be organized under the laws of the State of Delaware and be called Nano Magnetic, Inc.

Source:
businesswire

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