Nanotechnology Now - Press Release: mPhase/AlwaysReady Successfully Fabricates Separators at Commercial Foundry

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Smart NanoBattery's first ever public demonstration next week!

Abstract:
Significant Breakthrough Achieved

mPhase/AlwaysReady Successfully Fabricates Separators at Commercial Foundry

Little Falls, NJ | Posted on March 27th, 2008

mPhase/AlwaysReady, Inc. (OTCBB: XDSL) announced today that it has successfully fabricated nano structured separators which are critical to the production of our Smart NanoBattery at a contracted commercial foundry.

These separators allow the Smart NanoBattery electrolyte to be supported and kept away from the electrodes until needed resulting in a battery that has an almost infinite shelf life. The activation of the Smart NanoBattery is then accomplished by the phenomenon of electrowetting, which allows the electrolyte to penetrate the separator and wet the electrodes thus completing the circuit. Electrowetting is a phenomenon of controlling (changing) the surface contact of the liquid electrolyte, which sits atop the separator that allows the electrolyte to flow and make contact with the electrodes producing power.

"The fabrication of the separator has resulted in a significant breakthrough in the design of superhydrophobic nanostructures capable of supporting liquid electrolytes in the presence of solid electrode materials and, at the same time, being able to produce electricity generation by the Smart NanoBattery once activated providing power on command," 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.

Please visit www.mPhaseTech.com for more information.

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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