mPhase Technologies, Inc. (OTCBB: XDSL) today said that it has refined the design of a new automotive product it has been developing with a major European automobile manufacturer that is based on advanced battery technology.
The refinement of this product is leading to advanced functionality with a small footprint. A prototype is expected to be completed in the first quarter of calendar year 2011 and is expected to have broad appeal to both the OEM and aftermarket automobile industry.
"We have kept this product under wraps for competitive marketing reasons and look forward to unveiling this advanced battery automotive product this spring," said Ronald A. Durando, CEO of mPhase Technologies, Inc.
mPhase Technologies is introducing a revolutionary Smart Surface technology enabled by breakthroughs in nanotechnology, MEMS processing and microfluidics. Our Smart Surface technology has potential applications within drug delivery systems, lab-on-a-chip analytic systems, self-cleaning systems, liquid and chemical sensor systems, and filtration systems. mPhase has pioneered its first Smart Surface enabled product, the mPhase Smart NanoBattery.