Nanotechnology Now - Press Release: "mPhase/AlwaysReady Inc. to Be a Silver Sponsor at NanoEurope 2008, Leading European Nanotechnology Event"

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Abstract:
mPhase to Unveil New Applications for Its Unique Technology

mPhase/AlwaysReady Inc. to Be a Silver Sponsor at NanoEurope 2008, Leading European Nanotechnology Event

Little Falls, NJ | Posted on August 26th, 2008

Leading microfludics and nanotechnology development company mPhase Technologies, Inc. (OTCBB: XDSL) will be a Silver Sponsor at the 2008 NanoEurope conference, a leading European nanotechnology event. The event will be held in St. Gallen, Switzerland on September 16 and 17, 2008.

mPhase for the first time will be unveiling new applications at NanoEurope 2008 which are evolving from advancements made while developing its Smart NanoBattery. Our unique nanostructured membrane developed for our Smart NanoBattery can also be designed to function as a smart surface that can filter and control how liquids act on solid surfaces. This ability opens up the potential to use this technology for applications such as water purification and treatment, as well as self-cleaning glass. mPhase's first product based on this unique technology is the Smart NanoBattery which opens up new possibilities in energy storage and power management.

"We are excited about the potential of our ability to control the behavior of liquids as they come in contact with solid materials. In batteries we have been able to separate the electrolyte from the positive and negative electrode thereby creating a power source that has practically an infinite shelf life. Our work has opened up the door for other applications that we look forward to discussing at NanoEurope 2008," said Ronald A. Durando CEO of mPhase Technologies.

The NanoEurope 2008 exhibition, held concurrently with the technical congress, offers businesses from a wide range of technology sectors a platform to display solutions for commercializing nanotechnology research results. Last year, some 3,500 visitors from over 40 countries attended. Participation is a vital part of mPhase/AlwaysReady entering the European market and getting massive exposure for its revolutionary Smart NanoBattery and unique core platform technology.

NanoEurope 2008 also provides a forum for decision makers from the business and investment communities. Top managers from successful nanotechnology companies will discuss the business perspectives of nanotechnology and show how opportunities can be seized by developing concrete commercial applications.

Credit Suisse who recently featured mPhase/AlwaysReady in their NanoCircle publication will be a Gold Sponsor of the event. To read the article please visit --
https://entry.credit-suisse.ch/csfs/p/b2c/en/privatebanking/services/nanotech/media/pdf/newsletter0208_en.pdf

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About mPhase Technologies, Inc.
mPhase Technologies, Inc. (OTCBB: XDSL), is a U.S. based microfluidic and nanotechnology specialist. Through its wholly owned subsidiary AlwaysReady, Inc., mPhase is focused on developing and commercializing its first nanotechnology based product the Smart NanoBattery. This new battery technology is based on a well-patented phenomenon known as electrowetting, which provides a unique way to store energy and manage power that will revolutionize the battery industry.

The sixth NanoEurope, leading European exhibition for the transfer of nanotechnology know-how, will be held in St.Gallen, Switzerland from September 16 - 17, 2008.

The international congress will present successful commercial nanotechnology applications and introduce new scientific knowledge that can be commercialized.

The exhibition, held concurrently with the congress, offers businesses from a wide range of technology sectors a platform to display solutions for commercializing nanotechnology research results. For more information please visit --
www.nanoeurope.com/wEnglisch/messen/nanoeurope/01_besucher/home/home.php. For a list of exhibitors please visit --
www.nanoeurope.com/wEnglisch/messen/nanoeurope/01_besucher/messe/ausstellerverzeichnis_2008W3DnavanchorW261110064.php.

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
Gerard Adams
973-256-3737 ext 105

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