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Nanotechnology Stocks; mPhase Technologies (OTC.BB:XDSL) to Present at DoD Energy Workshop at Oak Ridge National Labs

Category: Investment, Nanotechnology, Defense

LITTLE FALLS, NJ - October 5, 2010 (NHSK Newswire) - mPhase Technologies, Inc. (OTC.BB:XDSL), today announced that it has been invited to present at the symposium on "Scalable Energy Storage Beyond Li-Ion: Materials," to be held Oct. 7-8, 2010, at Oak Ridge National Laboratory (ORNL), Oak Ridge, Tennessee. At the workshop, mPhase will describe the advantages of Smart NanoBattery technology.

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The workshop is sponsored by a consortium of IBM Research and four U.S. National Laboratories (Argonne, Lawrence Berkeley, Oak Ridge, and Pacific Northwest). The purpose of the workshop is to bring together the technical community, small business and government agencies, to discuss potential technologies on how materials science will advance electrochemical energy storage science and technologies to accelerate innovation, decrease costs, and improve the safety of advanced, scalable electrochemical energy storage concepts and systems "beyond lithium ion" and current designs.

"This workshop is a very good opportunity for exposing the advantages and unique capabilities of the Smart NanoBattery for forward-looking designs involving improved power efficiencies for critical systems," said Ron Durando, president and CEO of mPhase Technologies. "We are looking forward to working with these organizations to potentially drive our technology into leading-edge applications."

The development of the Smart NanoBattery has been undertaken with funding support from a Phase II STTR Army award.

About mPhase Technologies, Inc.

mPhase Technologies is introducing a revolutionary Smart Surface technology enabled by breakthroughs in nanotechnology, MEMS processing and microfludics. Our Smart Surface technology has potential applications within drug delivery systems, lab-on-a-chip analytic 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 recently introduced its first product the mPower Emergency Illuminator, an award winning product designed by Porsche Design Studio and sold via the mPower website: http://www.mpowertech.com.

More information about the company can be found at http://www.mPhaseTech.com.

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.

Contact:

Danielle LaSalle
mPhase Technologies, Inc.
973-256-3737

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