mPhase Technologies Inc (XDSL)

[Qork]

Contract with PORSCHE !!!!!!!!!!!!!!!!!!!!!!!!!!!!!
8-Dec-2008

Entry into a Material Definitive Agreement, Financial Statements and Exhi


Item 1.01 Entry into a Material Definitive Agreement

On December 5, 2008 mPhase Technologies, Inc. signed a contract with Porsche Design Gesellschaft m.b.H., Flugplatzstrasse 29, A,S700 Zell am see. Austrla
["Porsche Design' Studio"], to design a premium version of the AlwaysReady Emergency Flashlight. The flashlight will contain mPhase's proprietary lithium reserve battery. The battery contains a breakable barrier that separates the solid electrodes from the liquid electrolyte until the battery is manually activated. Unlike traditional batteries, the mPhase battery remains in an inert state with no leakage or self-discharge until activation. The mPhase battery is designed to have an almost infinite shelf life making it ideal for emergency lighting applications.

The premium flashlight will be marketed as an accessory for automobile roadside emergency kits.



Item 9.01 Financial Statements and Exhibits

The Company has, pursuant to Rule 24 (b-2) of the Securities Exchange Act of 1934, as amended, requested Confidential Treatment for the above contract.