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Smart Nanobattery to provide innovative design to U.S. Army
AlwaysReady, Inc., Developing Lithium-Based Battery Using its Smart Nanobattery Architecture
LITTLE FALLS, NJ | Posted on September 5th, 2007
AlwaysReady, Inc., a new subsidiary of mPhase Technologies, Inc. (OTCBB:XDSL), ( http://www.mphasetech.com ) today said that it is making good progress in its research and development effort as part of the recently awarded grant from the U.S. Army to develop a prototype of its Smart Nanobattery based on lithium chemistry that is compatible with silicon based processing steps.
The new prototype, based on lithium and manganese dioxide chemistry would be able to retain all of the beneficial properties of the first generation of the Smart Nanobattery's earlier design, which can remain dormant for long periods of time, providing for very long shelf life applications, and be activated on demand, providing for unique power management capabilities.
"These lithium manganese dioxide prototypes, providing 3.0 volts per cell, would allow us to make our Smart Nanobattery work for more power hungry applications than possible using less aggressive alkaline based chemistry of our first generation design," said Dr. Fred Allen, Chief Executive Officer, AlwaysReady, Inc. "Higher voltage and improved energy density means a broader market size for our upcoming technology," Dr. Allen concluded. Lithium based batteries provide better power densities and voltage characteristics in smaller footprints than alkaline designs.
The 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. Various battery designs based on this technology may deliver a new and unique component for system design across many fields, including powering RFID sensors, as well as defense, industrial and consumer electronics devices.
About mPhase Technologies, Inc.
mPhase Technologies Inc. (OTCBB: 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 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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Tim Clemensen, 212-843-9337
Peter Hamilton, 212-843-8015
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