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Message #87
From: NewsBot
Date: June 1, 2008 10:45:42 PM

XDSL Stock: mPhase/AlwaysReady Releases Educational Animation Video

mPhase Technologies, Inc. (OTCBB: XDSL Stock), through its wholly owned subsidiary AlwaysReady, Inc., today announced that it has completed a short educational animation depicting the technology behind the revolutionary Smart NanoBattery. The piece is narrated and intended for anyone interested in learning more about the battery architecture, function, and subsequent benefits such as a virtually infinite shelf life, multiple activation methods, potential applications, and environmentally friendly disposal.

AlwaysReady CEO Fred Allen said, "We are pleased to share this piece with the public and hope that it will help to clarify the unique nature of our technical design. There is no other battery that works quite like this one."

The animation is available for viewing on the mPhase website at http://mphasetech.com/technology.html.

About mPhase Technologies, Inc. and 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.

Contact:
Mr. Gerard Adams
mPhase Technologies, Inc.
Investor Relations
973-256-3737 x105
Email Contact

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