mPhase Technologies Reports on Nanobattery Progress in a Live Webcast for Shareholders
Webcast scheduled for tomorrow Thursday, November 30, 2006 at 11:30 a.m.
LITTLE FALLS, N.J.--(BUSINESS WIRE)--mPhase Technologies (OTCBB:XDSL) research executive Steve Simon will update shareowners on mPhase’s technical approach to develop a higher power Nanobattery Thursday in a webcast. The webcast will be available through the mPhase home page at www.mphasetech.com. The live talk will not be archived.
“Shareholders have asked for an explanation of some of the recent progress in the lab”
“Shareholders have asked for an explanation of some of the recent progress in the lab,” said Steve Simon, Executive Vice President, Research and Development. “The research team has recently discovered a method which may allow us to make the Nanobattery rechargeable and our shareholders are asking to understand that better.”
The mPhase Nanobattery was highlighted in a feature article, “Building a Better Battery,” in the November issue of WIRED magazine. The article said that the project that could potentially increase battery storage life significantly for the first time in 100 years. To read an electronic copy of the article, please go to http://www.wired.com/wired/archive/14.11/battery.html.
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 was awarded the Frost & Sullivan 2006 Energy Storage Award for the Nanobattery last month and earlier received 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 orders of magnitude increases 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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