mPhase Smart NanoBattery Article Published in Prestigious Journal, Applied Physics Letters

LITTLE FALLS, NJ, Sep 22, 2008 (MARKET WIRE via COMTEX) -- XDSL | Quote | Chart | News | PowerRating -- Leading microfludics and nanotechnology development company mPhase Technologies, Inc. (OTCBB: XDSL | Quote | Chart | News | PowerRating) today announced that it has published an article in the prestigious technical peer review newsletter, Applied Physics Letters, that describes the underlying scientific proprieties of its revolutionary Smart NanoBattery it is developing with the unique capability to sustain a much longer shelf life than conventional batteries used today. The article entitled, "Superhydrophobic Membranes with Electrically Controllable Permeability and Their Application to 'Smart' Microbatteries," was published in the July 29, 2008, issue of the newsletter. The article describes the physics of how long shelf life storage can be achieved with the Smart NanoBattery design and how the battery can be selectively activated to control when it goes on.

To view the article please visit -- http://scitation.aip.org/getabs/servlet/GetabsServlet?prog=normal&id=APPLAB000093000004043112000001&idtype=cvips&gifs=yes

Said AlwaysReady CEO Fred Allen, "We are very excited to have our technical work published in a highly regarded periodical such as Applied Physics and are excited on the technical progress we continue to make since the article was submitted for peer review."

In a conventional battery, power dissipation begins the day they are manufactured, and the batteries discharge or die prior to use. mPhase/AlwaysReady's Smart NanoBattery is the only battery available today that has virtually infinite shelf life. This unique feature positions the Smart NanoBattery as a tremendous benefit to the future of military and commercial applications.

About mPhase Technologies, Inc. and AlwaysReady, Inc.

mPhase Technologies, Inc. (OTCBB: XDSL | Quote | Chart | News | PowerRating) is a development company specializing in microfluidics, microelectromechanical systems (MEMS) and nanotechnology. Through its wholly-owned subsidiary AlwaysReady, Inc., mPhase is focused on commercializing its first nanotechnology-enabled product for military and commercial applications -- The Smart NanoBattery providing Power On Command(TM). Our new well-patented battery technology, based on the phenomenon of electrowetting, offers a unique way to store energy and manage power that will revolutionize the battery industry. For more information please visit our website at www.mPhaseTech.com.

About Applied Physics Letters

Applied Physics Letters is a weekly journal featuring concise, up-to-date reports on significant new findings in applied physics. Emphasizing rapid dissemination of key data and new physical insights, Applied Physics Letters offers prompt publication of new experimental and theoretical papers bearing on applications of physics phenomena to all branches of science, engineering, and modern technology.

Safe Harbor Statement

This news release contains forward-looking statements related to future growth and earnings opportunities. Such statements are based upon certain assumptions and assessments made by management of companies mentioned in this press release in light of current conditions, expected future developments and other factors they believe to be appropriate. Actual results may differ as a result of factors over which the company has no control.

Contact: Mr. Gerard Adams mPhase Technologies, Inc. Investor Relations 973-256-3737 x105 Email Contact

SOURCE: mPhase Technologies

http://www2.marketwire.com/mw/emailprcntct?id=A20E7E74F5005158

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