Nanotechnology Now - Press Release: "mPhase Technologies Smart NanoBattery Is Ideal for Active RFID Application"

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Abstract:
mPhase Technologies [OTCBB:XDSL] today announced that it is creating a version of its Smart Nanobattery optimized for use in active RFID (Radio Frequency Identification) applications. mPhase is working with an East Coast headquartered company that specializes in complete RFID security solutions for diverse commercial applications.

mPhase Technologies Smart NanoBattery Is Ideal for Active RFID Application

Little Falls, NJ | Posted on February 8th, 2007

RFID is a radio transmitter sensor technology used for security and tracking systems. Active tags are used to keep track of high value inventory items and capital assets, such as shipping containers, medical equipment and automobiles.

"Active RFID tags require a small footprint with reliable portable power," said Ronald A. Durando, CEO of mPhase Technologies. "We are working with an active RFID vendor who is placing specific requirements on the nanobattery designs in order to extend the life of the active RFID tag. The inherent reserve capability of our nano battery architecture is ideal for powering active RFID tags."

The new Smart Nanobattery architecture 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. Various battery designs 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. (OTC: 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:
Tim Clemensen
Rubenstein Investor Relations
New York, NY 10105
(212) 843-9337

Peter Hamilton
Rubenstein Associates
New York, NY 10105
(212) 843-8015

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