mPhase Technologies Inc (XDSL)

[WI Biker]

mPhase/AlwaysReady Set to Make Battery History
Monday March 31, 9:22 am ET

LITTLE FALLS, NJ--(MARKET WIRE)--Mar 31, 2008 -- mPhase/AlwaysReady, Inc. (OTC BB:XDSL.OB - News) 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."

To view the full Nano Circle report please visit www.Credit-Suisse.com and search mPhase or visit the following link: https://entry.credit-suisse.ch/csfs/p/b2c/en/privatebanking/services/nanotech/media/pdf/newslett er0208_en.pdf. mPhase is mentioned on page 5 under "Nanotechnology for the 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 [e-mail]).

About mPhase/AlwaysReady, Inc.

mPhase Technologies Inc. (OTC BB:XDSL.OB - News), 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

Contact

Gerard Adams
mPhase Technologies, Inc
Investor Relations
973-256-3737 x105