XDSL - NEWS -

MPhase Executed Co-Branding Agreement Provides Global Reach & Recognition
5/4/2009 9:02:02 AM - GlobeNewswire

LITTLE FALLS, N.J., May 4, 2009 (GlobeNewswire via COMTEX News Network) --
mPhase Technologies, Inc. (OTCBB:XDSL) today provided more information on their executed co-branding agreement with a globally recognized industrial design company. In working together on the design for the AlwaysReady Emergency Flashlight, mPhase has acquired co-branding rights that will provide instant brand recognition to consumers on a global level. This co-branding is a powerful tool that will enhance the planned product launch and will help drive future sales.

Ron Durando, CEO of mPhase Technologies, said "This co-branding agreement that is in place provides high end brand recognition with a global reach. Partnering with an established and trusted brand provides a huge boost to our marketing campaign that would not otherwise be achievable."

As the fully functional prototype of the AlwaysReady Emergency Flashlight is rapidly nearing completion, the company is refining and implementing their product launch strategy. In light of the co-branding relationship and developing distribution channels, mPhase has decided to keep the sleek design and features under wraps.

"The decision to delay the public unveiling of the AlwaysReady Emergency Flashlight is essential to the strategic launch of the product." said mPhase CEO Ron Durando.

About mPhase Technologies, Inc. and 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. For more information, please visit our website at www.mPhaseTech.com.

The mPhase Technologies logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6037

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.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: mPhase Technologies

mPhase Technologies, Inc. Mr. John Levitt, Public Relations Coordinator 973-256-3737 x166 JLevitt@mPhaseTech.com www.mPhaseTech.com

(C) Copyright 2009 GlobeNewswire, Inc. All rights reserved.  

 

PPS is rising UP  

mPhase On Technology Thought Leadership Panel At Smart Grid Implementation Summit, August 19 in D.C.
mPhase Joins GE, Deloitte, Horizon Energy, US DOE, and Others
May 6, 2009 10:40:00 AM
2009 GlobeNewswire, Inc.


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View Additional ProfilesLITTLE FALLS, N.J., May 6, 2009 (GLOBE NEWSWIRE) -- mPhase Technologies, Inc. (OTCBB:XDSL) today announced their participation in the upcoming Smart Grid Implementation Summit from August 17-19 in Washington D.C. mPhase CEO Ron Durando will be on the Technology Thought Leadership Panel with other technology innovators in the smart grid field. So far, joining Mr. Durando on the panel is Bob Gilligan, VP of General Electric Energy Transmission and Distribution. The session will take place on August 19 at 8:15 AM and will be moderated by Branko Terzic, Regulatory Policy Leader -- Energy & Resources at Deloitte.

The Thought Leadership Panel will discuss the future of smart grids and highlight some of the cutting edge technologies that are preparing for the full scale deployment of smart grid initiatives surrounding the following topic areas: infrastructure, metering, communications, batteries and renewable energy sources. Mr. Durando will be representing mPhase to discuss state-of-the art technology developments that could contribute to smart grid implementation.

The Smart Grid Implementation Summit promotes action among the electric power utility companies, policy stakeholders and smart grid technology companies on electric grid modernization by demonstrating clear impacts and benefits of leading smart grid pilots. The Summit addresses major challenges facing the smart grid industry in managing demand response technology, navigating the policy landscape, promoting interoperable standards, addressing customer privacy and cyber security concerns, and evaluating smart grid performance and impact on existing assets and operations.

mPhase was invited to participate in the event because of the groundbreaking advancements made by the company in developing the Smart NanoBattery which has several potential uses relating to smart grids. Power grids require power monitors and sensors to be located throughout the grid as a means of collecting data and transmitting information to the computer systems that manage and regulate the grid's flow of electricity. In many cases, these sensor devices will be powered by individual batteries. The mPhase Smart NanoBattery is an attractive power source that could be used to provide primary or emergency back up power to these remote sensors. In certain low power drain devices, the Smart NanoBattery can potentially provide continuous power for up to 20 years uninterrupted. If utilized as a reserve power source, the Smart NanoBattery would automatically begin powering the device if the primary power source failed. This could potentially reduce the possibility of a service interruption.

"It is an honor to receive the invitation to participate in the Technology Thought Leadership Panel," said mPhase CEO Ron Durando. "I look forward to meeting with key figures in the smart grid arena as we work toward utilizing our Smart NanoBattery to contribute to future smart grid implementation. mPhase is aggressively pursuing stimulus funding that would aide the implementation of our technology." The most recent stimulus package has set aside $4.5 billion for smart grid technology advancements.

About mPhase Technologies, Inc. and 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. For more information, please visit our website at www.mPhaseTech.com.

The mPhase Technologies logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6037

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.

CONTACT: mPhase Technologies, Inc.
Mr. John Levitt, Public Relations Coordinator
973-256-3737 x166
JLevitt@mPhaseTech.com
www.mPhaseTech.com