HILL, N.J.--(BUSINESS WIRE)--Feb. 3, 2005--Continued
state funding of projects such as the New Jersey Nanotechnology
Consortium (NJNC) will help enable mPhase Technologies
(OTC:XDSL) to make significant strides in building
a potentially lucrative nanobattery business and creating
jobs, a company executive said..
Simon, executive vice president of research and development
of mPhase, with operational headquarters in Little
Falls, N.J., told attendees at a conference here that
although mPhase has currently not received public
funds through this program, without state funding
for a world-class research facility like NJNC, it
would be difficult if not impossible for locally-based
innovators like mPhase to pursue modern materials
science commercialization. NJNC is a subsidiary of
Lucent Technologies (NYSE:LU) based at and run by
support for a facility that enables us to work alongside
world class scientists is the catalyst for our development
program," said Simon. "In just one year's
time, we have taken a fundamental Bell Labs discovery
into a proof of concept stage, and are already consulting
with potential users of the nanobattery for such real-world
applications as power sources for military sensors.
This is a potentially limitless market and bodes well
for future jobs right here in New Jersey."
was a speaker at first annual Nanotechnology Conference
for members of the academic, business, scientific
and technical community in New Jersey. Attendees included
members of the New Jersey Economic Development Authority,
which has provided funding to the NJNC.
a collaboration with Bell Labs, which began in March,
2004, mPhase has proven it is possible to fabricate
nanotech-based batteries, which can store and generate
electric current. The prototype battery is based on
a Bell Labs discovery that liquid droplets of electrolyte
will stay in a dormant state atop microscopic structures
called "nanograss" until stimulated to flow,
thereby triggering a reaction producing electricity.
This super-hydrophobic effect of liquids can permit
precise control and activation of the batteries on
batteries based on this technology have the potential
to deliver far longer shelf life and better storage
capacity than existing battery technology. Potential
initial applications for this technology may include
defense, industrial, healthcare and consumer electronics.
mPhase is also targeting the nanobattery for use in
a technically-improved, lighter weight battery design.
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. 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.
information is available at the mPhase Web site at