Investorideas.com - Nanotechnology Stocks; mPhase Technologies (OTC.BB:XDSL) to Release Video of Smart NanoBattery Technology
LITTLE FALLS, NJ - November 1, 2010 (Investorideas.com Newswire) - mPhase Technologies, Inc. (OTC.BB:XDSL) today announced that it will be releasing a short, non-narrated, rough footage, technical video that illustrates its smart surface technology, that describes the design elements that make up the final assembly of its first multi cell Smart NanoBattery.
The multi cell Smart NanoBattery is being developed as the result of a $750,000 Phase II STTR award with the United States Army, to demonstrate a battery that provides unprecedented shelf life, as well as the ability to continuously power a device requiring that the application running in its memory be always on.
"The culmination of this work is very rewarding and exciting," said Ronald A. Durando, CEO of mPhase technologies, "and shows that innovation is still emerging from small companies like mPhase Technologies."
This smart surface technology allows for the creation of smart devices, like the Smart NanoBattery featured in the video, by bringing unprecedented intelligence and programmability to power sources like never before.
mPhase is committed to developing its smart surface technology for other applications and bringing its Smart NanoBattery technology to the commercial market place.
About mPhase Technologies, Inc.
mPhase Technologies is introducing a revolutionary Smart Surface technology enabled by breakthroughs in nanotechnology, MEMS processing and microfludics. Our Smart Surface technology has potential applications within drug delivery systems, lab-on-a-chip analytic systems, self-cleaning systems, liquid and chemical sensor systems, and filtration systems. mPhase has pioneered its first Smart Surface enabled product, the mPhase Smart NanoBattery.
In addition to the Smart Surface technology, mPhase recently introduced its first product the mPower Emergency Illuminator, an award winning product designed by Porsche Design Studio and sold via the mPower website: http://www.mpowertech.com.
More information about the company can be found at http://www.mPhaseTech.com.
Forward-Looking Statements
As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; acceptance of the Company's products in the market; the Company's success in technology and product development; the Company's ability to execute its business model and strategic plans; and all the risks and related information described from time to time in the Company's SEC filings, including the financial statements and related information contained in the Company's SEC Filing. mPhase assumes no obligation to update the information in this release.
Contact:
Danielle LaSallemPhase Technologies, Inc.973-256-3737
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