Nanotechnology Now - Press Release: mPhase/AlwaysReady Successfully Transfers NanoBattery Processing Steps to Commercial Foundry

Home > Press > mPhase/AlwaysReady Successfully Transfers NanoBattery Processing Steps to Commercial Foundry

You are encouraged to contact Investor Relations for more information! 973-256-3737 x105

Abstract:
mPhase/AlwaysReady, Inc. (OTCBB: XDSL) today said that it has successfully transferred certain processes critical to the manufacturing of its Nano Smart Battery originally developed at the New Jersey Nanotechnology Consortium to a commercial contract foundry facility.

mPhase/AlwaysReady Successfully Transfers NanoBattery Processing Steps to Commercial Foundry

Little Falls, NJ | Posted on March 25th, 2008

This successful transfer takes us one step closer step towards commercializing the production our Microfludic Nano Smart Battery.

"We have overcome significant scientific challenges in this transfer which now allows for repeatability of certain structures enabling the phenomenon of electrowetting to occur which keeps the electrodes 'dry' and away from the active electrolyte by means of a nano structured super hydrophobic surface thereby creating an almost infinite shelf life battery," said Ronald A. Durando, CEO of mPhase Technologies.

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About mPhase/AlwaysReady, 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.

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Contacts:
Gerard Adams
mPhase Technologies, Inc
Investor Relations
973-256-3737 x105

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