Inc. today announced that a consumer products division has been created
in anticipation of the AlwaysReady Emergency Flashlight product launch. The
product is expected to be available in early 2010. The AlwaysReady Emergency
Flashlight will be the first product to utilize mPhase's unique battery technology.
The consumer products division will operate under the name mPower Technologies,
Inc. which will be 100% owned by mPhase Technologies, Inc. This division will
be responsible for all marketing, sales, planning, logistics and customer support
involved in the sale of all consumer products developed by mPhase Technologies.
The company plans to diversify its product line to create additional consumer
products in the near future.
"As we move from research and development of new battery technology to
the launch of a new consumer product line it was essential to create a new consumer
division that is entirely focused on the consumer," said CEO Ron Durando.
mPhase Technologies, Inc. (OTCBB: XDSL), 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.