Leading microfluidics and nanotechnology specialist mPhase
Technologies, Inc. (OTCBB: XDSL) today announced its Smart NanoBattery has
recently been featured in the Technology Advances section of the September 2008
Materials Research Society (MRS) Bulletin. The article highlighted the continued
growth and importance of batteries, and the advantages of the mPhase Smart NanoBattery
technology. Based on research cited, the world demand for primary and secondary
batteries will increase approximately 6.5% annually from $55.5 billion in 2006
to $104.3 billion in 2016 based mainly on demand for battery-powered consumer
products such as cell phones and digital cameras.
Fabricated using silicon processing techniques and enabled with nano and micro
scale features creating microfludic channels, the Smart NanoBattery is designed
to keep the battery in a state with no self-discharge, power drain, or leakage
prior to activation, which is unlike traditional consumer batteries. Activation
can be selectively controlled when necessary, thus providing Power On Command(TM)
stored energy when and where it is needed to the device it is powering.
"We are excited that our work in microfluidics and nanotechnology has
led to recognition by a well respected scientific association like the Materials
Research Society," said Ronald A. Durando, CEO of mPhase Technologies,
Inc.
Over the next few weeks mPhase Technologies looks forward to updating the investor
community about recent strides made concerning commercial developments.