mPhase Technologies (www.mphasetech.com) at 5 p.m. this afternoon will post a video demonstration of its ultra-sensitive sensor magnetometer on the popular YouTube web site (http://www.youtube.com). The video is the second video production the company has produced to help investors understand both its technology and its markets. A link to the YouTube magnetometer video will be posted on the mPhase Technologies home page (www.mphasetech.com) upon the premiere on YouTube.
The company's video on its nano battery posted last Friday garnered a number of "honors" from the popular video site, including "top rated, most viewed, most discussed and top favorites."
"Based on the success of our nano battery video posted on You Tube last week, we will release a video today to explain our magnetometer project so investors will better understand the nature of our technology," said mPhase Technologies, Inc. CEO, Ron Durando. "The extreme advantage of size, sensitivity and low cost allows us to develop the next generation of military and homeland security sensor applications while also addressing a number of commercial markets as well."
WHAT: mPhase Technologies, a company which develops and commercializes next-generation and media-rich entertainment software and nanotechnology solutions, delivering novel systems to the marketplace that advance functionality and reduce cost, this afternoon will post a video on YouTube, explaining in layman's terms the technology behind its breakthrough development of an ultra-sensitive magnetometer.
WHERE: www.YouTube.com at 5 p.m. this afternoon.
About mPhase Technologies, Inc.
mPhase Technologies Inc. (OTC: XDSL - News) develops and commercializes next-generation media-rich entertainment software and nanotechnology solutions, delivering novel systems to the marketplace that advance functionality and reduce costs. The company was awarded the Frost & Sullivan 2006 Energy Storage Award for the Nanobattery in September and earlier received the 2005 Frost & Sullivan Excellence in Technology Award, and the Nano 50 Award from NASA Nanotech Briefs, is bringing nanotechnology out of the laboratory and into the market with a planned innovative long life power cell. Additionally, the company is working on prototype ultra-sensitive magnetometers that promise orders of magnitude increases in sensitivity as compared with available un-cooled sensors. More information is available at the mPhase Web site at www.mPhaseTech.com
MULTIMEDIA AVAILABLE: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5341272
Contact:
Investor Relations:
Rubenstein Investor Relations
Tim Clemensen, 212-843-9337
tclemensen@rubensteinir.com
or
News Media: Public Relations
Rubenstein Associates
Peter Hamilton, 212-843-8015
phamil@rubenstein.com
Source: mPhase Technologies, Inc.
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