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drkazmd65

07/02/13 10:20 AM

#5231 RE: Adam718 #5230

News = Complete Fluff,.... as usual

The Company has won 'yet another' innovation award. Big Whoopie-Doo!

Until / Unless the company does something to actually generate revenue - just about anything else that could happen - short of the management resigning and handing off management to a better bunch of CEOs who actually want to make money and build 'stuff' take over from the louts running the place now.

Until that point - the rest is just flapping their lips.

PRESS RELEASE
July 1, 2013
For Immediate Release
Contact:
Investor Relations
973-256-3737
mPhase Technologies


mPhase Technologies Receives Frost & Sullivan 2013 Innovation Award

Company stands out for success in technology innovation

Norwalk, Conn. - July 1, 2013 - mPhase released today the Frost & Sullivan report stating that it earned the 2013 North American Advanced Battery Technology Innovation Award on June 17, 2013.


Frost & Sullivan recognized mPhase Technologies, Inc. with the Innovation Award for its pioneering nanobattery technology.

Key benchmarking criteria was used for determining the Technology Innovation Award. mPhase's performance against key competitors was ranked based on the following:

Uniqueness of Technology
Impact on New Products/Applications
Impact on Functionality
Impact on Customer Value
Relevance of Innovation to Industry
Based on the analysis in the report, Frost & Sullivan's Research Analyst Neha Arun Bakshi concludes:


"mPhase Technologies' nanobattery, based on innovative nanotechnology, overcomes the relevant industrial challenges of conventional batteries and provides an efficient and cost-effective energy storage solution. mPhase Technologies' nanobattery also possesses longer shelf life. This solution's power on-command feature nicely provides energy any time the user needs it through a simple command for activation. Frost & Sullivan is therefore proud to present the 2013 Advanced Battery Technology Innovation Award to mPhase Technologies."


About mPhase Technologies, Inc.

mPhase Technologies is a leading nanotechnology innovator in Smart Surfaces. Potential applications include energy storage systems, drug delivery systems, self-cleaning systems, liquid and chemical sensor systems, and filtration systems. mPhase has pioneered its first Smart Surface-enabled product, the mPhase Smart NanoBattery.

In addition to the Smart Surface technology, mPhase, in collaboration with Porsche Design Studio, has developed a world-class automotive jump-starter. See http://www.mpowertech.com/. More information about the company can be found at http://www.mphasetech.com/.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.

The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

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Forward-Looking Statements:

As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; acceptance of the Company's products in the market; the Company's success in technology and product development; the Company's ability to execute its business model and strategic plans; and all the risks and related information described from time to time in the Company's SEC filings, including the financial statements and related information contained in the Company's SEC Filing. mPhase assumes no obligation to update the information in this release.