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XDSL

mPhaseTechnologiesSymbol: XDSL.ob

Current PPS: $0.0064 (Ideal entry point price per share hasn't dropped below this level in over 3 months)

Avg. 10 Day Volume: 3.5m

mPhase Technologies (OTC: XDSL) Move over Energizer Bunny mPhase Technologies’ Smart NanoBattery is looking to change the way we look at batteries today.

 This innovative product is the brain child of mPhase Technologies subsidiary Always Ready Inc. in collaboration with innovation guru Bell Laboratories, the same people who brought us the C++  programming language and WLAN’s.

Some of the Key Benefits of the Always Ready Smart NanoBattery over Today’s Conventional Batteries:

  • Unlimited Shelf Life
  • Different chemistries in each battery to greatly extend it operating range(extreme hot to extreme cold)
  • Battery can be programmed and individual cells or groups of cells may be addressed and activated independently (Power On Command™)
  • Battery can be disposable (single use) or rechargeable
  • Battery can be directly packaged into integrated circuit
  • Nontraditional form factors possible
  • Lithium chemistry is possible
  • Battery can be readily miniaturized
  • Battery contains no moving parts
  • Inherently Safe
  • Fast ramp up to power
  • Batteries can be mass produced using microelectronic manufacturing techniques and can benefit from economies to scale
  • Battery corrosion and leakage is not a problem
  • Batteries can be made with “Green” option for easier disposal.

Currently the world battery market is a $70 billion industry and with new portable electronic devices being released almost every day the demand for a high performance longer lasting battery has never been greater. The future is certainly lookin brigh for mPhase Technologies and their investors.

http://www.youtube.com/watch?v=1bqr0S9SjpE

Truly some amazing innovation is taking place at mPhase Technologies. Their products are no stranger to the limelight their mPower emergency illuminator was featured in GQ magazine as one of the best new tech products of 2010.

mPhase Technologies is showing no signs of slowing down within the past two weeks two major press releases have been announced one highlighting the completion of their 2nd working prototype of a new automotive and marine project that features advance battery technology, which is expected to appeal to both the OEM and aftermarket automotive and marine industry. The other recent headlines announced their letter of intent to acquire Fairfield, NJ based company Energy Innovative Products Inc.

Check out the full press release's below

SOURCE: mPhase Technologies

 July 27, 2011 09:15 ET

mPhase Completes 2nd Prototype of New Automotive Product Using Advanced Battery Technology

Begins Focusing on Strategic Acquisitions

LITTLE FALLS, NJ--(Marketwire - Jul 27, 2011) - mPhase Technologies, Inc. (OTCBB: XDSL) today said that it has completed its 2nd working prototype of a new automotive and marine product.

"In less than 60 days we have produced a refined product with a 20% reduction in size and increased functionality," said Ronald A. Durando, CEO of mPhase Technologies, Inc.

Working together with a renowned European automobile manufacturer, mPhase has developed this new product which features advanced battery technology, which is expected to have broad appeal to both the OEM and aftermarket automotive and marine industry.

The company continues to keep the new product under wraps in order to protect its intellectual property from being reverse engineered.

mPhase also said that it has begun to focus on strategic acquisitions which it believes can bring immediate value to the company.

July 28, 2011 10:00 ET

mPhase Announces Letter of Intent to Acquire Energy Innovative Products, Inc.

LITTLE FALLS, NJ--(Marketwire - Jul 28, 2011) - mPhase Technologies, Inc. (OTCBB: XDSL) today announced it has entered into a letter of intent (LOI) to acquire Energy Innovative Products, Inc. (EIP), a developer of proprietary technologies for reducing energy usage in refrigeration and cooling systems, as well as equipment utilizing AC induction motors. EIP, based in Fairfield, NJ, uses patented and patent pending solutions to offer a series of products that control voltage and current used by compressor systems, including those in refrigeration decks, HVAC wall units, commercial refrigeration systems, and consumer equipment. The company, founded in 2008, believes its technology is uniquely positioned to capitalize on each of these multi-billion dollar market opportunities by allowing legacy systems to achieve Energy Star status as well as compliance with emerging standards by the United States Department of Energy (DOE) and other regulatory bodies.

In the United States alone, there are several million legacy refrigerated vending machines used by major beverage companies. EIP's solution is the only company certified for Energy Star status and able to deliver over a 50% reduction in power consumption by machines such as the Dixie Narco 501 without reducing efficiency or cooling and without requiring a change-out in the unit's refrigeration deck. Governmental and power company rebates are available to support the purchase of EIP's products in several states. According to Scott Caputo, President of EIP, "Corporate demand for energy saving solutions is increasing worldwide driven by rising fuel costs, skyrocketing electricity costs, and growing concerns about greenhouse gases and their impact on our world's environment."

The terms of the deal include the issuance of common shares and warrants for an 81% stake in EIP. "We are extremely excited about the upside EIP offers to our organization over the coming years," said Ron Durando, CEO of mPhase Technologies, Inc. The transaction is expected to become a Definitive Agreement in August 2011 and close by October 2011. EIP is being advised on the transaction by Source Capital Group, Inc., a boutique investment banking firm focused on emerging growth companies and based in Westport, CT. Said Vik Grover, CFA, Senior Managing Director at SCG, "We expect the transaction to be significantly accretive to mPhase shareholders in 2012-2013 and EIP to become a market leader in the energy management space."

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.

About Energy Innovative Products, Inc.
EIP's mission is to develop, commercialize and market technology for reducing energy usage in refrigeration and cooling systems as well as equipment utilizing AC induction motors. We have developed a small, easy to install single-phase motor controller device designed for both commercial and consumer use that reduces electrical consumption and peak demand usage in refrigerators, freezers, vending machines and other similar appliances. We have also designed a kit containing an electronic evaporator motor and high tech dimmable LED lights that is used to upgrade vending machines and coolers to Energy Star compliance. More information about the Company can be found at
www.eipsave.com.

 

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