mPhase Receives 2006 Energy Storage Enabling Technology of the Year Award from Frost & Sullivan; Nanotechnology Leadership Cited For Second Consecutive Year
The Frost & Sullivan Energy Storage Enabling Technology of the Year Award is presented to a company "that has developed a technology that can benefit or revolutionize the industry." In selecting mPhase, Frost & Sullivan's Energy & Power Systems Group Director Sara Bradford said that mPhase's "pioneering battery design promises to revolutionize the portable reserve power storage market by yielding unprecedented micro and nanoscale devices able to be packaged as an integrated power source in system-on-a-chip configurations, while retaining reserve power for on demand activation potentially for decades."
“that has developed a technology that can benefit or revolutionize the industry.”
Under an agreement with Bell Labs, the R&D arm of Lucent Technologies, the companies have created a prototype battery based on a Bell Labs discovery that liquid droplets of electrolyte will stay in a dormant state atop microscopic structures until stimulated to flow, thereby triggering a reaction producing electric current. Future batteries based on this technology have the potential to deliver far longer shelf life and better storage capacity than existing battery technology.
A presentation is scheduled September 25 at Frost & Sullivan's Best Practices Awards Banquet in San Antonio, Tex.
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.
About Frost & Sullivan
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit www.awards.frost.com.
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