Inc. (OTC.BB:XDSL - News), the global leader in the development of Power
On Command(TM) reserve battery technology, has retained the Investor Relations
Group, a thirteen-year-old, award-winning corporate communications firm based
in New York City, to serve as its national investor relations agency.
The IRG team will use proprietary competitive analysis strategies and extensive
databases to target the broad scope of the investment community, including portfolio
managers and analysts. IRG's program will include pre-qualified, one-on-one
introductions, e-mail to investment professionals that have opted-in for communication,
traditional outreach, as well as the newest online marketing methods.
"This is an exciting time for mPhase Technologies," said Ronald Durando,
Chief Executive Officer of mPhase Technologies, Inc. "We have spent the
past several years reinventing the battery utilizing breakthroughs in nanotechnology,
microfluidics and microelectromechanical systems (MEMS). We believe there is
a great market for our products within the defense community as well as in the
consumer electronics industry, based on our Power On Command reserve battery
technology, which give our batteries a shelf life of more than 20 years -- a
major improvement over the capabilities of existing products."
Mr. Durando continued: "As we continue to reach our milestones, we look
forward to working with IRG to communicate our company strategy, goals and progress
with the investment community, our shareholders, the media, content providers
and their customers, and the public-at-large."
The Investor Relations Group, Inc. offers a full-service corporate communications
program designed to suit the many unique needs of public companies. The program
utilizes a proprietary, targeted approach to reach institutional investors,
analysts, and the media-at-large. The Investor Relations Group was recently
honored with a "Stevie Award" for Investor Relations Program of the
Year and named a finalist in the Best Media Website category from the 2009 American
Business Awards. For further information, please visit the company's website
mPhase Technologies, Inc. (OTC.BB:XDSL - News) is focused on developing and
commercializing a new battery technology featuring Power On Command(TM) which
provides a unique way to store energy and manage power that will revolutionize
the battery industry. mPhase through its 100% owned consumer products division
mPower Technologies is marketing its first Power On Command product, The mPower