Nanotechnology Now - Press Release: "mPhase Technologies Smart Nanobattery Designed to Be ''Green''"

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Abstract:
mPhase Technologies [OTCBB:XDSL] today announced that the Smart Nanobattery it is developing could be equipped with features that would allow it to be disposed of safely. The company has applied for patent protection for a set of design strategies to create batteries that use advanced chemistries but are still safe to dispose. Today most batteries can harm the environment when not disposed of properly.

mPhase Technologies Smart Nanobattery Designed to Be ''Green''

LITTLE FALLS, NJ | Posted on February 7th, 2007

"Protecting the environment is critical," said Ronald A. Durando, CEO of mPhase Technologies. "We are pleased to have developed a green strategy that can help minimize the impact of various chemistries on the environment."

The prototype batteries use various chemicals as electrolytes residing on top of nano structures in a dormant state and when triggered, cause an electrochemical reaction to produce a measurable voltage and current under a load. Some cells are reserved to create the neutralizing chemical reaction at the end of life. The Smart Nanobattery promises an energy source that can be packaged in various configurations, with shelf life lasting decades, yet still able to be activated almost instantaneously on demand.

The innovation is based on a breakthrough in micro fluidics research making possible dynamic control of surfaces when interacting with a liquid - a key enabler for making "Smart Batteries" a reality. Batteries based on this technology may deliver a new and unique component for system design across many fields, including defense, industrial and consumer electronics.

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About mPhase Technologies
mPhase Technologies Inc. (OTCBB:XDSL) develops and commercializes next-generation media-rich entertainment software and nanotechnology solutions, delivering novel systems to the marketplace that advance functionality and reduce costs. The company was awarded the Frost & Sullivan 2006 Energy Storage Award for the Nanobattery in September and earlier received the 2005 Frost & Sullivan Excellence in Technology Award, and the Nano 50 Award from NASA Nanotech Briefs, is bringing nanotechnology out of the laboratory and into the market with a planned innovative long life power cell. Additionally, the company is working on prototype ultra-sensitive magnetometers that promise orders of magnitude increases in sensitivity as compared with available un-cooled sensors. More information is available at the mPhase Web site at http://www.mPhaseTech.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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Contacts:

Investor Relations:
Rubenstein Investor Relations
Tim Clemensen, 212-843-9337

or
Public Relations:
Rubenstein Associates
Peter Hamilton, 212-843-8015

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