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XDSL News- mPhase Technologies' Nanobattery Achieves Breakthrough in Portable Power; Joint development with Lucent Technologies Bell Labs yields the first fully assembled working nano-based battery prototype
Business Wire - February 09, 2006 13:07

LITTLE FALLS, N.J. & MURRAY HILL, N.J., Feb 09, 2006 (BUSINESS WIRE) -- mPhase Technologies (OTCBB:XDSL) and Lucent Technologies Bell Labs (NYSE:LU) today reported that their jointly developed nano-based "smart" battery prototype has proven it can store and convert energy on demand. This practical confirmation of the theory behind the technology is a major milestone in the product development process.

In a test conducted at Bell Labs' Murray Hill, N.J. facility, the development team demonstrated that the first fully assembled prototype device could generate enough power on demand to light a light-emitting diode (LED). The prototype is based on a novel nanostructured architecture pioneered at Bell Labs.

"We are pleased that the mPhase-Bell Labs team has surmounted many technical obstacles to make this theory into a working prototype," said Ron Durando, CEO mPhase Technologies. "This reinvention of the battery is addressing a major market need for portable, programmable power."

The demonstration, including the lighting of the LED, was captured on video by a production team from ScienCentral, a service that provides video reports on scientific breakthroughs to TV stations and the general public. The footage is viewable at: http://www.sciencentral.com.

The new generation of reserve power cells is based on a Bell Labs discovery that electrolyte will stay atop nano-textured surfaces until stimulated to flow, thereby triggering a reaction producing electricity. The "electrowetting" process in effect can permit activation of the batteries when required, yielding a very long shelf life. Batteries based on this technology have the potential to deliver far longer shelf life than existing battery technology.

About mPhase Technologies, Inc.

mPhase Technologies Inc. (OTC: XDSL) develops and commercializes next-generation telecommunications and nanotechnology solutions, delivering novel systems to the marketplace that advance functionality and reduce costs. The company, awarded the 2005 Frost & Sullivan Excellence in Technology Award and the Nano 50 Award from NASA Nanotech Briefs, is bringing nanotechnology out of the laboratory and into the market with a planned innovative long life power cell. Additionally, the company is working on prototype ultra-sensitive magnetometers that promise up to a 1,000-fold increase in sensitivity as compared with available uncooled sensors. More information is available at the mPhase Web site at www.mPhaseTech.com

About Bell Labs and Lucent Technologies

Bell Labs is the leading source of new communications technologies. It has generated more than 30,000 patents since 1925 and has played a pivotal role in inventing or perfecting key communications technologies, including transistors, digital networking and signal processing, lasers and fiber-optic communications systems, communications satellites, cellular telephony, electronic switching of calls, touch-tone dialing, and modems. Bell Labs scientists have received six Nobel Prizes in Physics, nine U.S. National Medals of Science and eight U.S. National Medals of Technology. For more information about Bell Labs, visit its Web site at www.bell-labs.com.

Lucent Technologies designs and delivers the systems, services and software that drive next- generation communications networks. Backed by Bell Labs research and development, Lucent uses its strengths in mobility, optical, software, data and voice networking technologies, as well as services, to create new revenue-generating opportunities for its customers, while enabling them to quickly deploy and better manage their networks. Lucent's customer base includes communications service providers, governments and enterprises worldwide. For more information on Lucent Technologies, which has headquarters in Murray Hill, N.J., USA, visit www.lucent.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 mentioned in this press release in light of current conditions, expected future developments and other factors they believe to be appropriate. Actual results may differ as a result of factors over which the companies have no control.

SOURCE: mPhase Technologies

Media:
TMI
Sam Gronner, 201-592-7896
[e-mail]
or
Investors:
CEOCast
Ken Sgro, 212-732-4300
or
Lucent Technologies
Peter Benedict, 908-582-7710 (office)
[e-mail]

Copyright Business Wire 2006 ********************************************************************** As of Sunday, 02-05-2006 23:59, the latest Comtex SmarTrend(SM) Alert, an automated pattern recognition system, indicated a DOWNTREND on 10-27-2005 for LU @ $2.79. (C) 2006 Comtex News Network, Inc. All rights reserved.





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