mPhase Technologies to Attend NanoBusiness 2006 as Sponsor and Exhibitor
This is the third consecutive year for mPhase's participation as exhibitor and sponsor at the three-day event, expected to attract hundreds of business leaders, investors, venture capitalists, scientists, engineers, government officials and visionaries who are driving the nanotechnology revolution. The company will be detailing strides made in commercializing two market-changing products -- a "smart" nanobattery predicted to produce current on demand after decades of storage, as well as an ultra sensitive magnetometer exhibiting a sensitivity greater than today's uncooled magnetometers.
“NanoBusiness 2006 is a premier catalyst for nanotechnology business development, and we're excited to again be part of it this year”
"NanoBusiness 2006 is a premier catalyst for nanotechnology business development, and we're excited to again be part of it this year," said Ronald Durando, mPhase president and chief executive. "I will discuss the significant advances that we've made in moving our work out of the labs and into the marketplace. There is a growing number of applications with great potential and I expect to describe them in detail."
About mPhase Technologies, Inc.
mPhase Technologies Inc. (OTCBB: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 2005 Frost & Sullivan Excellence in Technology Award and the Nano 50 Award from NASA Nanotech Briefs, 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 up to a 1,000-fold increase in sensitivity as compared with available uncooled sensors. More information is available at the mPhase Web site at www.mPhaseTech.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.