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Tuesday, 02/22/2005 9:14:10 AM

Tuesday, February 22, 2005 9:14:10 AM

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XDSL . . .

mPhase Technologies Stages First Public Demonstration in Russia of Carrier-Grade IPTV Services
Tuesday February 22, 9:02 am ET
mPhase's "As You Like It" Services Creation Platform Shows How Telcos Can Easily Offer, Manage and Profit from Custom Premium Program Content

NORWALK, Conn.--(BUSINESS WIRE)--Feb. 22, 2005-- mPhase Technologies (OTC: XDSL - News) this week is staging the first public demonstration of the latest generation mPhase TV+ System, enabling Russian telephone companies to cost-effectively offer premium interactive television services to their broadband customers.

The demonstration is taking place at this week's NORWECOM 2005 trade show in St. Petersburg, Russia, in collaboration with Lucent Technologies.

The mPhase TV+ System takes advantage of Lucent's broadband access technology used for high speed Internet data access. The integrated solution enables telephone companies to reap additional revenues from a pre-configured system for Internet Protocol television (IPTV) services, including video-on-demand that subscribers can order for an additional fee.

The mPhase TV+ System features a comprehensive As You Like It(TM )services creation platform that takes advantage of IP addressing of the set top box provided to each subscriber. "This competitive advantage gives broadband providers the power to target video programs to specific customer segments, create compelling video-on-demand or interactive e-commerce services, and easily manage them through a centralized service control center," noted Ron Durando, CEO of mPhase Technologies.

With standard interfaces to existing phone company operations system support systems (OSS), including maintenance and billing functions, the mPhase TV+ System enables telephone company technicians to add and customize new capabilities. For example, the optional electronic program guide displays Cyrillic characters and is customized for the Russian market with Russian language technical support.

The mPhase TV + System is built around an innovative cluster architecture that helps technical personnel manage subscribers, monitor alarm messages and billing information and have a view into all network elements. Each central office-based cluster is designed to control and integrate video-on-demand and program information elements and the video head end encoding systems. Network planners can distribute the clusters to optimize the load balancing of the network resources for capabilities like content distribution. Through this segmentation, technicians can better manage subscriber demand and establish quality of service criteria against failover.

The mPhase TV+ System was selected by Lucent Technologies as the integrated IPTV platform for a network the company is deploying for a major Russian telephone company.

About mPhase Technologies, Inc.

mPhase Technologies Inc. (OTC: XDSL - News) 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 entertainment digital television, high-speed Internet access and traditional telephone service over existing copper telephone lines. mPhase also offers a growing line of innovative DSL component products, such as the iPOTS, designed to help service providers lower the provisioning and operating costs associated with DSL. The company is bringing nanotechnology out of the laboratory and into the market with a planned innovative long, life power cell.

More information is available at the mPhase Web site 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 both companies in light of current conditions, expected future developments and other factors it believes to be appropriate. Actual results may differ as a result of factors over which the companies have no control.
Contact:

Sam Gronner, TMI
(201) 592-7896, sam@technovative.com


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