xdsl,mPhase Technologies Testing Nanobattery Characteristics for Military and Aerospace Uses with Major Manufacturer Business Wire - October 30, 2006 09:45 A Consulting agreement will explore potential uses for nanotechnology based architecture in aerospace and military products
LITTLE FALLS, N.J., Oct 30, 2006 (BUSINESS WIRE) -- mPhase Technologies (OTCBB:XDSL) today announced that they have received a consulting contract with a large defense and aerospace firm's R&D group to test the mPhase Nanobattery.
The companies will collaborate on research and analysis of the mPhase nanobatteries potential use in various aerospace applications. mPhase will test the characteristics of the coatings used in the nanotextured device. A significant part of the testing will be survivability of the coatings and additional air gun testing.
"We are pleased to have an industry leader setting the bar for our Nanobattery," said Steve Simon, EVP, R&D at mPhase Technologies. "It will focus our research on specific requirements."
The mPhase Nanobattery was highlighted in a feature article, "Building a Better Battery," in the November issue of WIRED magazine. The article said that the project that could potentially increase "battery life by an order of magnitude for the first time in 100 years." To read an electronic copy of the article, please visit http://www.wired.com/wired/archive/14.11/battery.html.
The novel mPhase battery won the 2006 Frost & Sullivan Energy Storage Enabling Technology Award. mPhase's "smart" battery design relies on nanostructures to separate electrolytes from the positive and negative electrodes, thereby preventing premature electrochemical reactions until activated. The storage device is expected to have an exceedingly long shelf life and set new levels for miniaturization and flexibility. Frost & Sullivan called it "a pioneering battery design" that "promises to revolutionize the portable reserve power storage market."
About mPhase Technologies, Inc.
mPhase Technologies, Inc. (OTCBB: 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 several hundred-fold increase in sensitivity as compared with available un-cooled sensors. 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 all companies mentioned in this press release 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.
SOURCE: mPhase Technologies, Inc.
Media: e5 Marketing, Inc. for mPhase Harriet Donnelly, +1 908-901-9280 mediarelations@mphasetech.com or Investors: +1 973-256-3737 ext. 110 invest@mphasetech.com
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