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mPhase Technologies (OTC BB:XDSL) ( http://www.mphasetech.com ) which in mid-February posted a video demonstration of its breakthrough Smart Nanobattery technology on the popular YouTube web site ( http://www.youtube.com ), helping to make the forward-looking technology more accessible to the general public, was included in a nanotechnology category story in last Thursday's Christian Science Monitor. (A link to the Christian Science Monitor story is accessible on the mPhase Technologies home page.)
In a forward-looking story entitled "Nanotech will let us wear batteries and get 150 mpg," reporter Tom Peter described the nascent nanotechnology industry and the Nanobattery.
At the forefront of nanotechnology research and development is mPhase Technologies, Inc.(OTC: XDSL.OB), a New-Jersey-based company which recently signed an extension of a research agreement with the U.S. Army Armament Research, Development, and Engineering Center (ARDEC) at Picatinny, New Jersey and, in a separate agreement, an extension of a similar agreement with Rutgers, the State University of New Jersey.
For last week's Monitor story, Steve Simon, mPhase Technologies Executive Vice President, Research and Development, backgrounded the reporter on how recent advances in nanotechnology - a science that alters elements at the atomic level - have now empowered the battery industry to begin to close the gap with the electronics industry.
The Monitor reported on how mPhase is answering a significant challenge to the current battery industry: how to create an indefinite shelf life. "Traditional batteries gradually lose power when not in use," Mr. Simon told the reporter. "Some can lose over half their power over five years in storage."
The mPhase technology keeps nanobattery chemicals separate until needed. "Such batteries could be used for emergency lighting systems" - or weapons systems -"that might not be used for 10 years, but would require full power when needed," the Monitor reported.
"While current battery innovations offer exciting opportunities, science-fiction like possibilities beckon," the Monitor predicted.
mPhase's Smart Nanobattery breakthrough technology was explained February 16th on the popular YouTube website at the following link: http://www.youtube.com/watch?v=P8UwBP4yVgM
The video illustrated in layman's terminology some fundamental concepts behind the company's Smart Nanobattery. mPhase has proven it is possible to fabricate nanotech-based "smart" batteries, which can store reserve power for decades and generate electric current virtually on demand.
The prototype battery is based on a discovery that liquid droplets of electrolyte will stay in a dormant state atop nanotextured surfaces until stimulated to flow, thereby triggering a reaction producing electricity. This effect can permit precise control and activation of the batteries when required
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
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Rubenstein Investor Relations
Tim Clemensen, 212-843-9337
News Media: Public Relations
Peter Hamilton, 212-843-8015
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