mPhase Receives Refined Prototype of New Product Featuring Advanced Battery Technology From Renowned European Engineering Gro...
January 17 2012 - 10:00AM
Marketwired
mPhase Technologies, Inc. (OTCBB: XDSL) today said that it has
received refined prototypes of a new automotive and marine product
featuring advanced battery technology from a renowned automotive
engineering group in Europe.
The new product, featuring a small footprint, fast recharge
times and a distinguished design, is expected to have broad appeal
to both the OEM and aftermarket automotive and marine industry.
Internal performance and safety testing is underway. The product
is expected to be unveiled in the first quarter of 2012.
About 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. In addition to the Smart
Surface technology, mPhase recently introduced its first product,
the mPower Emergency Illuminator, an award-winning product designed
by Porsche Design Studio and sold via the mPower website:
http://www.mpowertech.com. More information about the company can
be found at http://www.mPhaseTech.com.
Forward-Looking Statements As a cautionary note to investors,
certain matters discussed in this press release may be
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Such matters involve
risks and uncertainties that may cause actual results to differ
materially, including the following: changes in economic
conditions; general competitive factors; acceptance of the
Company's products in the market; the Company's success in
technology and product development; the Company's ability to
execute its business model and strategic plans; and all the risks
and related information described from time to time in the
Company's SEC filings, including the financial statements and
related information contained in the Company's SEC Filing. mPhase
assumes no obligation to update the information in this
release.
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