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XDSL NORWALK, Conn.--(BUSINESS WIRE)--March 3, 2005--mPhase Technologies Inc. (OTC:XDSL - News) today announced that its Executive Vice President Phil Thompson would speak at the Fast Net Futures session in San Jose, CA. on Monday March 7. Thompson is speaking during the Fast Net Futures session "Business Strategies for the Independent Operating Companies."
"Personal TV will separate the winning operators from the also-rans," Thompson said. "Customization will be the strategy that lets telephone companies change the playing field from bandwidth and price only." Thompson recommended that telcos take advantage of their inherently two-way networks to compete with cable and satellite companies.

The mPhase TV+ System features a comprehensive As You Like It(TM) services creation platform that makes it easy to create new services by taking advantage of IP addressing of the set top box provided to each subscriber. "Telcos are struggling against the inroads of cable and VOIP," noted Thompson. "Customized local content on video services is a way they can fight back."

"The winning companies will innovate while controlling operations expense," Thompson explained. 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.

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 Fast Net Futures Conference is co-located with VON and focuses explicitly on the access technologies and business models in delivering broadband. Dave Burstein, an industry analyst and publisher of the widely read newsletter, DSL Prime is the chairperson of the Fast Net Futures program. Thompson's presentation is Monday, March 7, 2005 at 3:00pm in a segment called, "Solutions Ready to Go to Work When You Return to Your Office." For more information visit: http://www.pulver.com/fastnet/schedule.html

About mPhase

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 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 management has no control.



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