The Wall Street Journal and NJ Biz Help Tell the mPhase Story Through High-Visibility Articles to National and Local Business Leaders
On Monday, August 21, a Wall Street Journal article on Lucent Technologies' Bell Labs chronicled Bell Labs' efforts to develop breakthrough technologies that can be quickly brought to market, and mPhase was noted by name as one of its co-developers. "An example of the new approach involves metal detectors made of silicon the width of three human hairs . . ." the article noted. "Under the new regime, Bell Labs is working with (mPhase) to develop it into a device that could help the military detect snipers. Called a magnetometer, the device also could be used by doctors to measure blood flow through subtle changes in the heart's magnetic field. . ." (The article is entitled, "With Its Future Now Uncertain, Bell Labs Turns to Commerce.") http://webreprints.djreprints.com/1540341078301.pdf
“With Its Future Now Uncertain, Bell Labs Turns to Commerce.”
The print version of the Journal is read by an estimated two million readers worldwide, and millions more via the Internet.
A week later, on Monday, August 28, a front-page article in NJ Biz described mPhase's business and financial plans in a story headlined "Big Hopes for A Tiny Machine." The article noted that the new magnetometer will be "50 times smaller and 1,000 times more sensitive than the most powerful devices on the market today. . . While current devices are expensive, bulky and require supercooling to -455 F, the model in progress at mPhase works at room temperature, fits on the dateline of a penny and can pick up on a metal object from more than 30 feet away . . ." CEO Ronald Durando noted in the article, "We pride ourselves on working with Bell Labs . . . It's perhaps the greatest research and development facility the world has ever seen. Now our job is to move (the magnetometer R&D) out of the science arena and try to make a product that has a wide market appeal." http://www.mphasetech.com/njbiz.pdf
The magazine has an audience of 18,000: a readership with an average household net worth of $1.4 million.
mPhase's magnetometer development has yielded a small prototype, about the width of the date on a Lincoln penny, that has already proven a degree of sensitivity far greater than conventional un-cooled detectors. The initial Micro-Electro Mechanical Systems (MEMS) prototype is a single-axis detector of magnetic field changes, but in the future could be developed into a multi-axis, compass-like system for detecting direction. Such a capability could be used to enhance mobile phone global positioning (GPS) technology, at a cost far below currently available but bulky gyroscopes.
In its recent report, "MEMS Inertial Sensors go Consumer," WTC Consulting stated that "the cell phone remains the dangling carrot for gyroscopes, but they are still too expensive for this application." With its very small footprint, combined by low-cost fabrication in silicon, mPhase expects its solution to add less than $5 in bill of materials - within the business case defined by WTC's research.
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 un-cooled sensors. More information is available at the mPhase Web site at www.mPhaseTech.com.
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