FALLS, N.J.--(BUSINESS WIRE)--April 7, 2005--mPhase
Technologies Inc. (OTC:XDSL) has disclosed that its
nanotechnology development roadmap includes a plan
to produce a long-life nano battery boasting a four-fold
increase in energy density as compared with potential
Lithium Ion-based power cells.
In a presentation to the Stephens Inc. 2005 Nanotechnology
Investors Conference in Pasadena, Calif., Steve Simon,
executive vice president of research and development,
this week reported that the company has entered into
an agreement with Rutgers University to explore the
technical issues required to increase the chemistry
choices of its nano battery, now under development,
to include a Lithium and water-based composition.
This combination would significantly increase the
power output capability of resulting devices.
In collaboration with Bell
Labs, the R&D arm of Lucent Technologies (NYSE:LU),
mPhase has already created a prototype battery 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 electric current.
Future batteries based on this technology have the
potential to deliver far longer shelf life and better
storage capacity than existing battery technology.
An archived version of the
presentation is available at http://www.corporate-ir.net/ireye/confLobby.zhtml?ticker=XDSL&item_
id=1046538. (Due to its length, this URL may need
to be copied/pasted into your Internet browser's address
field. Remove the extra space if one exists.)
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. 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. More information
is available at the mPhase Web site at www.mPhaseTech.com.
Sam Gronner, 201-592-7896