Message #72 From:
NewsBot Date: February 14, 2007 10:00:00 AM
XDSL News mPhase Technologies Sets Date for YouTube Nanobattery Demonstration
LITTLE FALLS, N.J.--(BUSINESS WIRE)--mPhase Technologies (OTC:XDSL), today announced that it is posting a video demonstration of its Smart Nanobattery on the popular YouTube web site on Friday, February 16th at 5 p.m. Eastern time. The video explains the technology behind its breakthrough development of a “smart” battery based on nanotechnology.
The video illustrates in layman’s terminology some fundamental concepts behind the company’s smart nano battery. mPhase has proven it is possible to fabricate nanotech-based “smart” batteries, which can store reserve power for decades and generate electric current virtually on demand.
The prototype battery is based on a discovery that liquid droplets of electrolyte will stay in a dormant state atop nanotextured surfaces until stimulated to flow, thereby triggering a reaction producing electricity. This effect can permit precise control and activation of the batteries when required.
The video will be available to view on YouTube at http://www.youtube.com. One of the fastest growing websites on the internet, YouTube is a very popular free video sharing website which allows its users to upload, share and view video clips. According to a 2006 survey, 100 million clips are viewed daily on YouTube, with almost 20 million visitors each month. Acquired by Google for $1.65 billion in November 2006, YouTube was named TIME magazine's "Invention of the Year" for 2006.
About mPhase Technologies, Inc.
mPhase Technologies Inc. (OTC: XDSL) develops and commercializes next-generation media-rich entertainment software 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 in September 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
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 of companies mentioned in this press release in light of current conditions, expected future developments and other factors they believe to be appropriate. Actual results may differ as a result of factors over which the company has no control.
