Message #84 From:
NewsBot Date: March 31, 2008 11:09:15 PM
mPhase/AlwaysReady Set to Make Battery History
mPhase/AlwaysReady, Inc. (OTCBB: XDSL)
stated today that it is set to make battery history on Thursday, April 3rd
at 9:00am ET, by demonstrating for the first time a significant
breakthrough in battery technology enabled by microfluidics -- the science
that deals with the behavior, control and manipulation of fluids
geometrically constrained to a small, typically sub-milimeter, scale. The
event will be held at AJ Maxwells located at 57 W. 48th Street in New York
City and will be hosted by mPhase/AlwaysReady, Inc. The mPhase/AlwaysReady
Smart NanoBattery uses microfluidics to transfer liquid electrolyte through
a nanostructured separator known as a membrane which makes contact with the
solid electrodes, enabling activation of an electrical device. The
membrane is designed to keep the electrolyte separate from the electrodes
until activation is initiated.
"This microfluidic phenomenon serves as the basis for a new type of battery
with unlimited shelf life that can be used to provide power in portable
electronic devices for commercial and military applications," said Ronald
A. Durando, CEO of mPhase Technologies Inc.
The mPhase/AlwaysReady Smart NanoBattery was recently mentioned by Credit
Suisse, a global research and investment banking firm, in a report entitled
"Nanotechnology for Energy Systems of the Future."
If you would like to attend the demonstration in NYC this Thursday please
contact Gerard Adams, Managing Director of Investor Relations.
(973-256-3737 x105 or via email at Gerard@mPhaseTech.com).
About mPhase/AlwaysReady, Inc.
mPhase Technologies Inc. (OTCBB: XDSL), through its wholly owned subsidiary
AlwaysReady, Inc., is focused on developing and commercializing a new
battery technology based on a well-patented phenomenon known as
electrowetting, which provides a unique way to store energy and manage
power that will revolutionize the battery industry. For more information
please visit our website 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.
