Nanotechnology Now - Press Release: "AlwaysReady, Inc. Smart Nanobattery Structure Passes Army Stress Tests"

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Abstract:
Tests evaluating possible uses in 'Smart Munitions'

AlwaysReady, Inc. Smart Nanobattery Structure Passes Army Stress Tests

Little Falls, NJ | Posted on August 23rd, 2007

AlwaysReady, Inc., a subsidiary of mPhase Technologies, Inc. (OTCBB:XDSL), ( http://www.mphasetech.com ) today said that its Smart Nanobattery structure had survived a 50,000 G force test at Picatinny Arsenal in New Jersey. The test repeatedly shot several Smart Nanobattery prototypes out of an air gun simulator with a force calculated to exceed 50,000 G's. Following the launch, measurements confirmed that the batteries continued to function and generated the expected electrical output for the design.

"This test demonstrated that the physical structures, although micro-sized, are durable enough to withstand the most rugged conditions," said Steve Simon, EVP, Research & Development, AlwaysReady, Inc. "The test is part of the CRADA (Cooperative Research and Development Agreement) that mPhase/AlwaysReady, Inc. is working with the researchers at Picatinny to develop uses for the nanobattery in next generation armaments."

The tests were conducted at the Picatinny Arsenal in New Jersey, the U.S. Army's foremost munitions research facility. The test paves the way for AlwaysReady, Inc., to continue with their prototyping and research effort in developing potential power solutions for small guided munitions.

One of Picatinny's missions is to create the next generation of small armaments. AlwaysReady's 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 on demand. In addition to defense applications, various battery designs based on this technology may deliver a new and unique power source for system designs across many fields and applications, including, healthcare, industrial, active RFID tag power and consumer electronics.

About Picatinny Arsenal

Headquartered at Picatinny, N.J., the Armament Research, Development and Engineering Center (ARDEC) is the Army's principal researcher, developer and sustainer of current and future armament and munitions systems. ARDEC plays a key part in Army Transformation with its involvement in the development of the Soldier and Future Combat Systems and continued efforts in the development of advanced weapons that exploit technologies like high-power microwaves, high-energy lasers and nano-technology.

ARDEC's overall mission is to improve already fielded items, develop new ones, maintain a strong armament technology base in government, industry and academia and provide technical support to the soldier in the field. ARDEC is the Army's "Center of Lethality" and as such is leading the way in the development of tomorrow's armament and munitions systems, working closely with its Army, Navy, Air Force and Marine partners.

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About mPhase Technologies, Inc.
mPhase Technologies Inc. (OTCBB: XDSL) develops and commercializes next-generation media-rich entertainment software and it new subsidiary, AlwaysReady, Inc., nanotechnology solutions, delivering novel systems to the marketplace that advance functionality and reduce costs. The company was awarded the Frost & Sullivan Energy Storage Award for the Nanobattery in 2006 and the Frost & Sullivan Excellence in Technology Award in 2005, and the Nano 50 Award from NASA Nanotech Briefs. mPhase Technologies 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 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 the companies mentioned 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 companies have no control.

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