mPhase Technologies,
Inc. (OTC.BB:XDSL - News) today announced that CEO Ron Durando will be speaking
at the NanoBusiness Conference 2009 on Thursday, September 10. Mr. Durando will
discuss the evolution of its Smart NanoBattery technology and how the company
is leveraging this advanced battery technology to create revenue from a consumer
based product.
His presentation, titled "Evolution of a Smart NanoBattery and The Road
to Revenue," will take place at 11:45 AM at the Chicago Hyatt Regency McCormick
Place.
mPhase Technologies is commercializing an advanced technology that brings together
elements of nanotechnology, microfluidics, and MEMS to create a unique battery
that offers a potentially infinite shelf life. The process of electrowetting
is used to physically keep the battery's chemicals separate until initial activation
to eliminate power dissipation. mPhase is currently working toward developing
a prototype of its Smart NanoBattery as part of a U.S. Army STTR program. The
company was awarded $750,000 in September of 2008 under a two year development
program.
mPhase is also preparing for the launch of its first consumer product using
their advanced battery technology. The mPhase reserve lithium battery will be
utilized in the AlwaysReady Emergency Flashlight which the company expects to
be available for purchase in early 2010. mPhase is now moving toward production
of the product as the first working prototype of the product was just recently
completed.
Mr. Durando will address the company's progress in commercializing these advanced
technology products at the conference.
About mPhase Technologies, Inc. and AlwaysReady, Inc.
mPhase Technologies, Inc. (OTC.BB:XDSL - News), through its wholly owned subsidiary
AlwaysReady, Inc., is focused on developing and commercializing a new battery
technology based on a well-patented phenomenon known as electrowetting, which
provides a unique way to store energy and manage power that will revolutionize
the battery industry. For more information, please visit our website at www.mPhaseTech.com.
Posted September 8th, 2009
