Nanotechnology Now - Press Release: "mPhase/AlwaysReady to Present Smart NanoBattery Progress at Regional Nanotechnology Event"

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Abstract:
mPhase Technologies, Inc. (OTCBB: XDSL) today announced that it is participating in the NTI Nanotechnology Conference 2008: From Discovery to Commercialization. Organized by the Nanotechnology Institute™ and Nanobusiness Alliance, and encompassing the nanotechnology community in the New Jersey, Pennsylvania and Delaware region, the conference is focused on nanotechnology developments in the key sectors of biomedicine and energy, overcoming key obstacles to commercialization (manufacturing, intellectual property, and finance); and key regional and national policy issues. It will be held on Tuesday, October 28, from 8:00 am to 7:30 pm at the Chemical Heritage Foundation, 315 Chestnut Street, Philadelphia, PA 19106-2702. It is open to the public, but registration is required ( https://bftp-sep.ticketleap.com/ ).

mPhase/AlwaysReady to Present Smart NanoBattery Progress at Regional Nanotechnology Event

Little Falls, NJ | Posted on October 28th, 2008

Dr. Fred Allen, President and CEO of mPhase's wholly owned subsidiary AlwaysReady, Inc., is an invited panelist on the Manufacturing Panel at 11:30 AM. mPhase/AlwaysReady is currently developing products based on its Smart NanoBattery, with its proprietary superhydrophobic and electrowettable membrane, as well as a manually activated reserve battery with a breakable separator for an emergency flashlight application.

Said mPhase CEO Ron Durando, "We are excited to be participating in the regional NTI Discovery to Commercialization conference to show the rapid progress we have made in developing our Smart NanoBattery and to emphasize that we are now planning the manufacturing phase of our product evolution."

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About mPhase Technologies, Inc.
mPhase Technologies, Inc. (OTCBB: XDSL), through its wholly owned subsidiary AlwaysReady, Inc., is focused on developing and commercializing a new battery technology 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.

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.

About the Nanotechnology Institute

The overarching mission of the Nanotechnology Institute (NTI) is to focus on the transfer of nanotechnology discoveries and intellectual knowledge from universities to industry partners, and on the rapid application and commercialization of nanotechnology to stimulate economic growth. The NTI is at the forefront of the nanotechnology revolution in the Commonwealth of Pennsylvania, helping situate the state as a hotbed for nanotechnology commercialization. It is the first comprehensive model of its kind in the United States, facilitating the research, development and commercialization of nanotechnology's real-world applications. For more information about NTI, refer to nanotechinstitute.org.

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Contacts:
Mr. John Levitt
mPhase Technologies, Inc.
Public Relations
973-256-3737 x166

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