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mPhase Technologies, Inc. (OTCBB:XDSL - News) reported today that its work with a world leading MEMS foundry has resulted in the rapid advancement of its Smart NanoBattery technology. Last week, mPhase announced a laboratory discovery of a polymer coating that improves the ability to control activation of the Smart NanoBattery. mPhase, along with its MEMS foundry partner, have since determined that the laboratory results appear to be able to be replicated in a foundry manufacturing environment.
mPhase previously found that the coating would prevent short circuiting and provide electrical isolation on conductive surfaces of the battery's porous membrane while providing better activation control.
The mPhase team is now working with its MEMS foundry partner to transfer the technical testing results using additional dielectric coating materials and processing methods that are available in a foundry production environment. The foundry production environment should allow for more consistent and uniform development of the membrane structure which the coating is applied to. The coated membrane physically separates the liquid electrolyte and solid electrodes enabling a potentially infinite shelf life for the Smart NanoBattery. The activation of each battery cell can be better controlled with the addition of this coating, which creates precise and controlled battery activation capabilities.
"We have made rapid progress during the past few weeks and are encouraged by our technical results and continue to work closely with our MEMS foundry in advancing this unique battery technology," said mPhase CEO Ron Durando. "These advancements mark another important milestone in our progress and create the potential for developing batteries with an unsurpassed shelf life that can be electronically controlled."
The Smart NanoBattery is being developed as part of the U.S. Army STTR Program. mPhase was awarded $750,000 for a two year Phase II development contract by the U.S. Army in September 2008 to develop this unique new battery technology for military purposes.
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, Inc. (OTCBB:XDSL - News), 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.
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mPhase Technologies, Inc.
Mr. John Levitt
Public Relations Coordinator
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