mPower Jump: Low Rate Initial Production Plans Developing
November 09 2012 - 9:15AM
Marketwired
mPhase Technologies, Inc. (OTCBB: XDSL) said today that it is
developing plans to move the mPower Jump "Wherever You Go You're in
Charge" a new class of jump starters for automobiles into low rate
initial production (LRIP).
mPhase is in the process of selecting a contract manufacturing
firm to move from prototype stage to LRIP.
The Go to Market Strategy for the mPower Jump is being developed
with Stratus Consulting a leading marketing services company with
the automotive aftermarket being the initial target for the
product.
About mPhase Technologies, Inc.
mPhase Technologies is a leading nanotechnology innovator in
Smart Surfaces. Potential applications include energy storage
systems, drug delivery 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.
mPhase is now introducing graphene into our core nano-silicon
technology to enable broader use of the mPhase Smart NanoBattery.
The Company seeks to leverage the promising properties of silicon
and graphene to improve the energy efficiency and power of energy
storage devices that are not possible with present battery
technology.
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.
About Stratus Consulting, Inc.
STRATUS CONSULTING (www.stratusmarketing.com) is a leading
business development and marketing services firm that focuses
exclusively on developing strategies and programs to launch
technology products and/or services to the global marketplace.
Stratus is comprised of nearly 60 strategic market development
professionals and consultants worldwide who have provided global
launch services to technology companies and innovators that are
either developing new products or commercializing existing
technology platforms. We offer a unique 3-phase model that
integrates strategic plan development, campaign development and
administration, and sales/partner development all under one roof
for selling products and professional services within targeted
market sectors. STRATUS primarily focuses on go-to-market
activities that fall outside our clients' normal GTM processes due
to new or "left of brand center" products or services and the need
for companies to penetrate new geographies/market segments and new
sales and distribution models.
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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