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mPhase Technologies, Inc. [OTCBB:XDSL] will be a sponsor of the 6th Annual NanoBusiness Alliance Conference April 15-17, at the New York Marriott Marquis.
This is the fourth consecutive year that mPhase has participated as exhibitor and sponsor at the three-day event which is expected to attract hundreds of business leaders, investors, venture capitalists, scientists, engineers, government officials and visionaries who are driving the nanotechnology revolution.
mPhase will show its two market-changing products - a "smart" nanobattery capable of producing current on demand after long-term storage, as well as an ultra sensitive magnetometer with significant improvements in sensitivity.
"The NanoBusiness Alliance creates a valuable forum for nanotechnology business development," said Ronald Durando, mPhase president and chief executive. "The conference enables a free exchange of ideas and opportunities. It lets small cap companies like mPhase build relationships with major technology powerhouses to make the promise of nanotechnology work in real markets."
According to the conference organizers, the NanoBusiness Alliance, the NanoBusiness 2007 conference will bring together financial luminaries from Wall Street like Wilbur Ross and the CEOs of the most promising nanotechnology companies in the industry.
These companies are on the frontier of global innovation in sectors such as "cleantech"- renewable energy and clean water, advanced materials, healthcare, defense, textiles, electronics and construction. The conference focuses on the commercial aspects of nanotechnology in each of these sectors and provides a forum for capital providers and innovators to meet, build relationships and learn from each other's perspectives.
For complete event information, please visit http://www.nanobusiness2007.com . For information on sponsoring or exhibiting at NanoBusiness 2007, please contact Vincent Caprio -
About mPhase Technologies, Inc.
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 in light of current conditions, expected future developments and other factors it believes to be appropriate. Actual results may differ as a result of factors over which the companies have no control.
About The NanoBusiness Alliance
The NanoBusiness Alliance is the industry association for the emerging nanotechnology industry. Through its extensive network of leading startups, Fortune 500 companies, research institutions, non-governmental organizations and public-private partnerships, the Alliance shapes nanotechnology policy and helps accelerate the commercialization of nanotechnology innovations. The NanoBusiness Alliance has offices in Chicago, New York, Connecticut and Washington, DC. For more information, visit http://www.nanobusiness.org .
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Rubenstein Investor Relations
Tim Clemensen, 212-843-9337
Media: NanoBusiness Alliance
Schwartz Public Relations
Steven Wright-Mark, 212-677-8700 ext. 29
Media: Public Relations
Peter Hamilton, 212-843-8015
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