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mPhase Technologies, Inc. (OTCBB:XDSL), today announced that Steve Simon, its Executive Vice President of Research and Development, will present the company's breakthrough Smart Nanobattery technology at the Sensors Expo Conference in Chicago, June 11th through June 13th.
Now in its 21st year, Sensors Expo & Conference is widely known as one of the world's largest and most important gatherings of engineers and scientists involved in the development and deployment of sensor systems.
Mr. Simon will discuss mPhase/AlwaysReady, Inc.'s magnetometer work at his company's booth at the conference. In a formal presentation (LPS3), Tuesday, June 12th between 2-2:45 p.m. in room 41, Mr. Simon will discuss how the mPhase/AlwaysReady, Inc. Smart Nanobattery can potentially function in the powering of sensor networks, in which the magnetometer is an example.
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 at the Chicago conference will focus on how his company offers a controllable, long shelf-life micro battery architecture based upon hydrophobic and micro-fluidic properties.
Mr. Simon stated that it is mPhase's expectation in Chicago to expose its novel battery architecture and prototyping work towards its commercialization effort, work far along in development and which shows much promise.
Said Mr. Simon: "mPhase's participation in conference like this, allows us to expose our work to a highly focused group of industry professionals who are concerned with designing advanced sensor networks and applications all requiring the need for improved power sources."
According to Sensors Expo & Conference organizers: "This year's event delivers an extraordinary show floor featuring the state of the art in sensing technology, as well as a robust and compelling conference agenda examining the very latest innovations in the field."
Among those companies with the latest innovations in the field, propelling technology to the tipping point, are companies like mPhase Technologies. The technology currently being developed by mPhase/AlwaysReady, Inc., promises to help transform the way the electronics industry currently looks at microbattery and magnetometer 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.
mPhase for some time now has had a multi-pronged effort under way with its partners to commercialize a battery that is built on 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 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." To read an electronic copy of the article, please (click here)
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 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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Rubenstein Investor Relations
Tim Clemensen, 212-843-9337
Media: Public Relations
Peter Hamilton, 212-843-8015
Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.
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