Point Roberts, WA - June 27, 2011 Investorideas.com and its green and nanotech investor portals release a trading alert for smart battery company, mPhase Technologies, Inc (OTCBB: XDSL). The stock is trading up over 12% on volume of over 21 Million shares.
Today's News
Nanotechnology Stocks; mPhase (OTC.BB:XDSL) to Exhibit Prototype of Nanobattery Utilizing Smart Surfaces Material at Shareholders Meeting
LITTLE FALLS, NJ - June 27, 2011 (Investorideas.com Newswire) - mPhase Technologies, Inc. (OTC.BB: XDSL) today announced that this morning it released a new video that provides technical insight into how the company is developing Smart Surface applications, focusing on the self cleaning phenomena of controlling how water and non-water based liquids can selectively be controlled when applied to different types of porous substrate materials. This closely replicates a phenomenon known in nature as the Lotus Leaf Effect http://en.wikipedia.org/wiki/Lotus_effect. The video shows how this Smart Surface technology has been used to create the first of its kind Smart Battery.
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About mPhase Technologies, Inc.
mPhase Technologies is introducing a revolutionary Smart Surface technology enabled by breakthroughs in nanotechnology, MEMS processing and micro fluidics. 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.
Forward Looking Statements
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.
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