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Posted: November 26, 2007
mPhase to Present at NIBA Las Vegas November 29th-30th
(Nanowerk News) mPhase Technologies, Inc. (OTCBB: XDSL) will be presenting and exhibiting at the National Investment Banking Association, Inc. (NIBA) conference to be held at the Luxor Hotel Las Vegas, Nevada from Thursday November 29th through Friday November 30th.
At the show mPhase will provide details on a successful firing of its AlwaysReady, Inc. Smart NanoBattery that delivered power for a 120mm smart shell fired by a US Army Abrams tank for 3 miles.
mPhase will also provide a progress update on its 95% owned Granita Media, a company concentrating on targeted advertising technology for TV.
NIBA is designed to add value to its members, their client companies and investors, and the securities industry at large, by continuing to be the premier forum for quality small capital companies seeking access and exposure to underwriters and broker/dealers in connection with their capital formation, and other financial objectives and to be the focal point for all those seeking to enhance the capital formation environment for small companies.
About mPhase Technologies, Inc.
mPhase Technologies, Inc. is a publicly traded (OTCBB: XDSL) technology development company owning 100% of AlwaysReady, Inc., 95% of Granita Media, Inc., and 10% of Sovereign Tracking Systems LTD. For more information, please visit http://www.mphasetech.com
About AlwaysReady, Inc.
AlwaysReady, Inc., a new 100% owned subsidiary of mPhase Technologies, Inc. (OTCBB: XDSL), is a micro and nanotechnology development company focused on advanced power and sensing solutions. AlwaysReady designs and develops proprietary technology by manipulating matter at the scale of atoms and molecules, controlling properties at the micro- and nanometer levels, and packaging solutions into products that provide value to customers. The Smart NanoBattery offers a revolutionary approach to energy storage and power management. For more information, please visit www.alwaysreadytech.com
About Granita Media, Inc.
Granita Media, a 95% owned subsidiary of mPhase Technologies, Inc. (OTCBB: XDSL), is a media technology company concentrating on targeting advertising technology for TV. For more information, please visit http://www.granitamedia.com
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.