mPhase Technologies,
Inc. (OTCBB:XDSL) has accepted an invitation to participate on the Thought
Leadership Panel at the Smart Grid Implementation Summit on August 19 in Washington,
D.C. at 8:15 AM. mPhase will use this opportunity to introduce the benefits
and applications of the Smart NanoBattery as it relates to smart grid technology.
In particular, extending the life of remote unattended sensor networks using
smart batteries and designing power management optimization into a sensor network
will be discussed.
Over sixty executives from utilities, technology providers, trade associations,
and standards development organizations will be in attendance at the conference
which runs from August 17-19. The conference will serve as a place to share
ideas on how to create effective plans and guidelines for a standardized implementation
of smart grid technology. U.S. Energy Secretary Steven Chu and Commerce Secretary
Gary Locke are leading this year's conference.
Dr. Fred Allen is representing mPhase on the "The Future of Smart Grid
Technology" panel along with Bob Gilliam, VP Energy Transmission and Distribution
at GE, and Lorie Wigle, General Manager, Eco-Technology Program Office at Intel.
The discussion will be moderated by Branko Terzic, Regulatory Policy Leader
- Energy & Resources at Deloitte. The session will highlight some of the
cutting-edge technologies that are preparing for the full scale deployment of
smart grid initiatives surrounding the following topic areas: batteries and
renewable energy storage, infrastructure, metering, and communications.
Said mPhase CEO Ron Durando, "A primary focus of this conference is to
help develop standards for the implementation of smart grid technology. With
the Smart NanoBattery, we have a potential to provide unique advantages and
benefits to smart grid systems that can be adapted universally as the standard
smart grid battery."
The Smart NanoBattery can be extremely effective in providing extended power
to critical smart grid devices and is a "green" solution that may
allow the grid to function more efficiently. The extended shelf life and usage
life of the battery could significantly reduce costs associated with servicing
and changing batteries that are used throughout the grids.
mPhase was invited to participate in the event because of the groundbreaking
advancements made by the company in developing the Smart NanoBattery providing
Power On Command(tm) that has several potential uses relating to power grid
monitoring and control. Smart grids require power monitors and sensors to be
located throughout the grid as a means of collecting data and transmitting information
to the computer systems that manage and regulate the grid's flow of electricity.
In many cases, these sensor devices will be powered by individual batteries.
The mPhase Smart NanoBattery is an attractive power source that could be used
to provide primary or emergency back up power to these remote sensors. In certain
low power devices, the Smart NanoBattery can potentially provide continuous
power for up to 20 years uninterrupted. If utilized as a reserve power source,
the Smart NanoBattery would automatically begin powering the device if the primary
power source failed. This could potentially reduce the possibility of a service
interruption.