Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > mPhase/AlwaysReady Announce Strategic Direction for 2008

Abstract:
mPhase/AlwaysReady, Inc. (OTCBB: XDSL), a micro and nanotechnology development company focused on advanced power and sensing solutions, today announced the completion of its 2008 strategic planning process, resulting in several new corporate developments that will accelerate the commercialization path of its revolutionary nanotechnology-based battery.

mPhase/AlwaysReady Announce Strategic Direction for 2008

LITTLE FALLS, NJ | Posted on January 25th, 2008

First, corporate parent mPhase has reaffirmed its commitment to focusing energy and resources on the development and commercialization of the AlwaysReady Power On Commandô Smart Battery. The Smart Battery is a nanostructured electrochemical system that offers a revolutionary approach to energy storage. Its unique architecture enables key features including a shelf life of decades, remote activation, and programmable power management capabilities.

"We believe that the smart battery, having performed successfully in recent field tests, shows great promise for both military and commercial use," said Fred Allen, CEO of AlwaysReady. "We are pleased to have identified several potential market applications which leverage our technical advantages, and have chosen one specific area on which to focus our product launch efforts which will facilitate the fastest path to profitability."

"We are also deemphasizing our IPTV assets and looking at our options to sell and/or license our intellectual IPTV property, which we believe offers great value," added Ron Durando, mPhase Chairman.

These updates and other information will be available on the newly designed and updated mPhase corporate website, to be launched within the coming week.

Additional details will be shared within a shareholder letter, also to be distributed next week.

####

About mPhase/AlwaysReady, Inc.
AlwaysReady, Inc., a new subsidiary of mPhase Technologies, Inc., is a micro and nanotechnology development company focused on advanced power and sensing solutions. AlwaysReady designs and develops proprietary technology by manipulating matter at the scale of atoms and molecules, controlling properties at the micro and nanometer levels, and packaging solutions into products that provide value to customers. The smart battery offers a revolutionary approach to energy storage and power management.

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 companies mentioned in this press release 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 company has no control.

For more information, please click here

Contacts:
mPhase Technologies, Inc.
Investor Relations
973-256-3737
http://www.mphasetech.com

Copyright © Marketwire

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

A nanoscale wireless communication system via plasmonic antennas: Greater control affords 'in-plane' transmission of waves at or near visible light August 27th, 2016

Forces of nature: Interview with microscopy innovators Gerd Binnig and Christoph Gerber August 26th, 2016

A promising route to the scalable production of highly crystalline graphene films August 26th, 2016

Graphene under pressure August 26th, 2016

Announcements

A nanoscale wireless communication system via plasmonic antennas: Greater control affords 'in-plane' transmission of waves at or near visible light August 27th, 2016

Forces of nature: Interview with microscopy innovators Gerd Binnig and Christoph Gerber August 26th, 2016

A promising route to the scalable production of highly crystalline graphene films August 26th, 2016

Graphene under pressure August 26th, 2016

Battery Technology/Capacitors/Generators/Piezoelectrics/Thermoelectrics/Energy storage

Stretchy supercapacitors power wearable electronics August 25th, 2016

New electrical energy storage material shows its power: Nanomaterial combines attributes of both batteries and supercapacitors August 25th, 2016

Lehigh engineer discovers a high-speed nano-avalanche: New findings published in the Journal of Electrochemical Society about the process involving transformations in glass that occur under intense electrical and thermal conditions could lead the way to more energy-efficient glas August 24th, 2016

Lithium-ion batteries: Capacity might be increased by 6 times August 9th, 2016

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







Car Brands
Buy website traffic