Message #93 From:
NewsBot Date: November 1, 2008 10:18:47 AM
XDSL Stock: mPhase/AlwaysReady to Present Smart NanoBattery Progress at Regional Nanotechnology Event
LITTLE FALLS, NJ -- (Marketwire) -- 10/28/08 -- mPhase Technologies, Inc. (OTCBB: XDSL stock)
today announced that it is participating in the NTI Nanotechnology
Conference 2008: From Discovery to Commercialization. Organized by the
Nanotechnology Institute(TM) and Nanobusiness Alliance, and encompassing
the nanotechnology community in the New Jersey, Pennsylvania and Delaware
region, the conference is focused on nanotechnology developments in the key
sectors of biomedicine and energy, overcoming key obstacles to
commercialization (manufacturing, intellectual property, and finance); and
key regional and national policy issues. It will be held on Tuesday,
October 28, from 8:00 am to 7:30 pm at the Chemical Heritage Foundation,
315 Chestnut Street, Philadelphia, PA 19106-2702. It is open to the
public, but registration is required (https://bftp-sep.ticketleap.com/).
Dr. Fred Allen, President and CEO of mPhase's wholly owned subsidiary
AlwaysReady, Inc., is an invited panelist on the Manufacturing Panel at
11:30 AM. mPhase/AlwaysReady is currently developing products based on its
Smart NanoBattery, with its proprietary superhydrophobic and
electrowettable membrane, as well as a manually activated reserve battery
with a breakable separator for an emergency flashlight application.
Said mPhase CEO Ron Durando, "We are excited to be participating in the
regional NTI Discovery to Commercialization conference to show the rapid
progress we have made in developing our Smart NanoBattery and to emphasize
that we are now planning the manufacturing phase of our product evolution."
About mPhase Technologies, Inc. and AlwaysReady, Inc.
mPhase Technologies, Inc. (OTCBB: XDSL stock), 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.
About the Nanotechnology Institute
The overarching mission of the Nanotechnology Institute (NTI) is to focus
on the transfer of nanotechnology discoveries and intellectual knowledge
from universities to industry partners, and on the rapid application and
commercialization of nanotechnology to stimulate economic growth. The NTI
is at the forefront of the nanotechnology revolution in the Commonwealth of
Pennsylvania, helping situate the state as a hotbed for nanotechnology
commercialization. It is the first comprehensive model of its kind in the
United States, facilitating the research, development and commercialization
of nanotechnology's real-world applications. For more information about
NTI, refer to http://nanotechinstitute.org/.
