mPhase Technologies to Present at NanoBusiness Investor Forum
The event, held in conjunction with the NanoBusiness 2005 Conference, will draw top institutional and individual investors following a technology segment that analysts believe will grow exponentially over the next decade. Online registration is available at http://www.nanoevent.com/register.php
In the nanotechnology area, mPhase is focused on energy storage, recently found in a published study to be the most important nanotech application being pursued in such growth markets as India and China.
Ronald A. Durando, mPhase CEO, will provide an overview of the company's nanotechnology thrust, which it has undertaken under a licensing and development agreement with Bell Labs, the research and development unit of Lucent Technologies (NYSE:LU). The companies began collaboration last year on commercializing a novel battery based on nanostructures, and this year expanded the relationship to uncooled, ultra-sensitive sensors.
Steve Simon, mPhase EVP-R&D, will provide a technical overview and insight into the market segments and applications that the company is targeting with its products.
About mPhase Technologies, Inc.
mPhase Technologies Inc. (OTC: XDSL) develops and commercializes next-generation telecommunications and nanotechnology solutions, delivering novel systems to the marketplace that advance functionality and reduce costs. The company, awarded the Frost & Sullivan Excellence in Technology Award, is bringing nanotechnology out of the laboratory and into the market with a planned innovative long life power cell. Additionally, the company is working on prototype ultra-sensitive magnetometers that promise a 1,000-fold increase in sensitivity as compared with available sensors. More information is available at the mPhase Web site at www.mPhaseTech.com
About NanoBusiness Investor Forum
The NanoBusiness Investor Forum is part of NanoBusiness2005, the official conference of the NanoBusiness Alliance. It is nanotechnology's foremost business conference, intended for key stakeholders in the business of small technology, attracting hundreds of scientists, engineers, business leaders and investors for three intensive days of seminars, presentations, keynotes and networking events. NanoBusiness2005 is designed to provide the information required to move research and application development to commercialization, as well as to showcase the ongoing integration of small tech products into the global economy. NanoBusiness2005 is produced by Penton Media. For more information, see www.nanoevent.com.
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 in light of current conditions, expected future developments and other factors it believes to be appropriate. Actual results may differ as a result of factors over which the companies have no control.