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mPhase Technologies, Inc. (OTCBB:XDSL - News) today announced that it has completed the first functional prototype of its Lithium Reserve Battery that will function in the AlwaysReady Emergency Flashlight. The prototype is the first time the mPhase battery technology has come together in a "ready for production" prototype.
The mPhase Lithium Reserve Battery stores energy until it is literally "turned on." It is manually activated by a unique triggering mechanism that rapidly releases and distributes the liquid electrolyte inside the battery. The electrolyte immediately contacts the solid electrode materials to produce 3 volts. The reserve battery is perfect for backup power and emergency applications. With a shelf life of over 20 years, the mPhase Lithium Reserve Battery will allow the AlwaysReady Emergency Flashlight to function as a reliable emergency light source in countless situations.
"The completion of a 'first of its kind' manually activated lithium reserve battery is essential to a timely launch of the AlwaysReady Emergency Flashlight and marks a major achievement," said mPhase CEO Ron Durando. "This prototype has been carefully designed to ensure reliability when power is absolutely needed."
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 mPhase Technologies
mPhase Technologies, a publicly traded company on the OTCBB under ticker symbol XDSL, is the undisputed global leader in the development of the battery of the future…today. At the forefront of mPhase’s movement is AlwaysReady, Inc., a wholly-owned subsidiary of mPhase Technologies, Inc. Chief developers within AlwaysReady, Inc. have completely revamped the conventional idea of the battery with their Smart Battery by means of over ten patents involving battery technology. Before these developments, battery technology had changed very little over the last 150 years.
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