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IntertechPira ''Organic and Thin Film Batteries'' Conference
"Batteries are being produced only microns thick, whilst micro power devices are running from 100% renewable sources. It may seem like a futuristic concept, but with these novel components already emerging in real life commercial applications, technologies are at the tipping point."
mPhase Technologies, Inc. [OTCBB:XDSL], today announced that Steve Simon, its Executive Vice President of Research and Development, today, Tuesday, May 15th, presented the company's breakthrough Smart Nanobattery technology at the IntertechPira "Organic and Thin Film Batteries" conference in Dusseldorf, Germany. The conference is be the first international venue at which mPhase is making a presentation on its nanobattery and MEMS projects.
Mr. Simon is available for comment about how mPhase and its new subsidiary, AlwaysReady, Inc. are revolutionizing the nanotechnology category with such cutting-edge products such as the Smart Nanobattery and ultra-sensitive magnetometer.
Mr. Simon focused on how his company offers a controllable, long shelf-life micro battery architecture based upon hydrophobic and micro-fluidic properties.
According to Mr. Simon:
"This particular conference is highlighting thin film batteries, which are an emergent type of battery that could be used to power smart cards, RFID tags, sensors and other small electrical devices. Many of the applications are targeted for overlap with potential applications suitable for our AlwaysReady technology."
He added: "mPhase's participation in the EU for a conference like this, allows us to expose our work to a highly focused group of industry professionals who might not regularly attend one of the nano- or sensor conferences at which we regularly present in the United States."
Mr. Simon stated that it is mPhase's expectation at Dusseldorf to expose its novel battery architecture and prototyping work towards its commercialization effort, as an alternative design, containing superior attributes to thin film batteries. Mr. Simon noted that thin film batteries, although having many good characteristics, such as their diminutive size, still suffer from poor leakage currents which limit their shelf life and application life, poor scalability in making them larger, and lack of inherent power management and addressability.
"The mPhase/ Always Ready design addresses these concerns in our core architecture," Mr. Simon declared.
According to conference organizers: "Consumer trends are driving innovation in sleeker, lighter devices. Coupled with the explosion of a new generation of printed electronic displays, sensors and ID tags, demand is growing for smaller, more discreet power sources. Add to this increasingly prominent safety and environmental concerns and the fact that performance can never be compromised, and it becomes clear that the industry is facing a true predicament."
"To respond to this challenge, innovative power components, fuelled by the expert fields of nanotechnology, organic electronics and solar science, are being created with the potential to tick all these boxes. Batteries are being produced only microns thick, whilst micro power devices are running from 100% renewable sources. It may seem like a futuristic concept, but with these novel component already emerging in real life commercial applications, technologies are at the tipping point."
The technology currently being developed by mPhase/AlwaysReady promises to help transform the way the electronics industry currently looks at microbattery applications.
AlwaysReady and its technologies will have a number of exceptional advantages in its two initial products: a "smart" nanobattery capable of producing current on demand after long term storage, as well as a family of uncooled magnetometers, including ultra sensitive versions capable of hundreds of times' improvement in sensitivity over currently available designs.
An immediate defense and security application for the nanobattery is as an energy source to power remote sensors in areas lacking electricity. mPhase has produced the first core components of a sensor package, technically referred to as a magnetometer that is predicted to be many times more sensitive than commercially-available uncooled sensors used in metal detectors. Acting much like a miniature tuning fork or oscillator, with movements only perceptible under a microscope, it is designed to detect changes in magnetic fields and can be used in applications to establish direction of movement of magnetic objects - ideal for defense and perimeter security.
mPhase for some time now has had a multi-pronged effort under way with its partners to commercialize a battery that is built on a microscopic nanostructured architecture. 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 was based on a discovery that liquid droplets of electrolyte will stay in a dormant state atop microscopic structures until stimulated to flow, thereby triggering a reaction producing electricity. This super-hydrophobic effect of liquids can permit precise control and activation of the batteries when required.
The mPhase Nanobattery was highlighted in a feature article, "Building a Better Battery," in the November 2006 issue of WIRED magazine. The article said that the project that could potentially increase "battery life storage by an order of magnitude for the first time in 100 years."
Investors interested in more info can call the mPhase IR agency at (212) 843-9337 or the company at 973-256-3737, x 110, or visit the web site at http://www.mphasetech.com
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, the 2005 Frost & Sullivan Excellence in Technology Award, and the Nano 50 Award from NASA Nanotech Briefs in 2005. The company is bringing nanotechnology out of the laboratory and into the market with a planned innovative long life battery. 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.
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For mPhase Technologies, Inc.
Rubenstein Investor Relations
Tim Clemensen, 212-843-9337
Media Contact: Public Relations
Peter Hamilton, 212-843-8015
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