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Wednesday, 03/07/2007 11:25:02 AM

Wednesday, March 07, 2007 11:25:02 AM

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COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:

mPhase Technologies Signs Moscow based NetDialogue as Distributor of its IPTV Solution


Russian System Integrator to Market mPhase TV+ System

LITTLE FALLS, N.J. & MOSCOW, Mar 07, 2007 (BUSINESS WIRE) -- mPhase Technologies (OTCBB:XDSL), a pioneer in the delivery of video over broadband networks today announced that NetDialogue, Inc., the largest systems integrator in Russia, will become a distributor of the mPhaseTV+ System.
Under terms of the agreement, NetDialogue will market and sell the IPTV software platform, mPhase TV+ System and provide systems integration and custom applications development as well.

"NetDialogue has not only deep relationships with major Russian firms, but also the technical expertise to innovate on our platform to meet customer needs," said Ronald A. Durando, mPhase President and CEO. "NetDialogue's deep technical leadership will ensure that the mPhase IPTV solution is optimized for customers operations, billing and other environments."

The companies said that they have already responded to multiple bids together and are aggressively pursuing opportunities throughout the Russian federation and neighboring regions.

Igor Ivashkin, NetDialogue Deputy Director, said: "NetDialogue Company is utilizing a forward-looking strategy of advancing mPhase IPTV solutions into the telecommunication market of both Russia and CIS. We expect that the mutual efforts of mPhase and NetDialogue will allow our companies to achieve positive business results in a short time."

About mPhase Technologies, Inc.

mPhase Technologies, Inc. (OTCBB: XDSL) develops and commercializes next-generation telecommunications and nanotechnology solutions, delivering novel systems to the marketplace that advance functionality and reduce costs. In telecommunications, the Company's mPhase TV+ platform cost-effectively and reliably delivers television, high-speed Internet access and telephone service over telephone lines. More information is available at the mPhase Web site at www.mPhaseTech.com.

About NetDialogue, Inc.

The history of NetDialogue brand began in 1991. Company has been actively present in the market for one and a half decades and now it is one of the leaders among system integrators. Extremely wide spectrum of solutions that covering multiservice, transport and access networks, POTS, intellectual building systems, corporate information and telephone systems are offered to company's partners.

NetDialogue has long been a pioneer of designing regional (WAN) and Metro Ethernet networks. Various solutions have been developed in company's laboratory, allowing offering the advanced services for example VoD, IP-telephony, video conferencing, etc. Taking care of the reputation and quality of work NetDialogue put out considerable effort for employees' professional training. Their qualification and knowledge of the market are the basic competitive advantages of NetDialogue.

More information is available at www.netdialogue.com .