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Today's hot alert includes : mPhase Technologies, Inc. (OTCBB: XDSL | Quote | Chart | News | PowerRating) mPhase Technologies Phase II STTR Grant Program Renewed by U.S. Army Through 2010
LITTLE FALLS, NJ -- 07/10/09 -- mPhase Technologies, Inc. (OTCBB: XDSL | Quote | Chart | News | PowerRating) announced today that their Phase II STTR Grant was renewed by the U.S. Army. The two year grant was initially awarded in September 2008 for the amount of $750,000. mPhase will continue to develop the Smart NanoBattery under this grant program through September 2010. The development goal is a small footprint, reserve style multi-cell, 3 V lithium chemistry micro-arrayed battery with a minimum of a 20-year shelf life and uninterruptible power output during this period.
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