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Friday, October 14, 2011

Nanotechnology Stocks; mPhase Technologies (OTC.BB:XDSL) Granted Access to Technical Facilities at Argonne National Labs

LITTLE FALLS, NJ - October 13, 2011 (Investorideas.com Newswire) - mPhase Technologies, Inc. (OTC.BB: XDSL.OB) reported today that it has been granted access to use the technical facilities at the Center for Nanoscale Materials (CNM), Argonne National Labs, Illinois, based on the acceptance of a technical proposal submitted for user-initiated nanoscience & nanotechnology research. mPhase plans on using the opportunity to conduct technical analysis and refinement of the smart surfaces technology developed by mPhase, using sophisticated laboratory tools not readily available to small businesses. Access to this world class government research facility will allow mPhase to continue to explore approaches for optimizing the design of the MEMS Smart silicon membrane, a key component of the mPhase Smart NanoBattery and other smart surface applications under consideration. mPhase Smart NanoBattery design uses electrowetting and microfluidic techniques to selectively activate and control the power generated by the cells in the reserve battery.
According to Argonne National Labs, the CNM nanoscience & nanotechnology research program provides users with access to a broad range of capabilities for design, synthesis, characterization, and theory & modeling in order to significantly advance the understanding of nanoscale phenomena and develop functional nanoscale systems.
"This opportunity represents an important technical achievement for mPhase in creating new approaches for designing batteries that can be used in applications requiring long shelf life, high availability and other programmable factors," said mPhase CEO, Ron Durando. "The acceptance of our proposal gives mPhase access to world class laboratory facilities where we can further improve our technical designs and help to accelerate the commercialization of our Intellectual Property for batteries and other applications."
About mPhase Technologies, Inc.
mPhase Technologies is introducing a revolutionary Smart Surface technology enabled by breakthroughs in nanotechnology, MEMS processing and microfluidics. 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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Figure 1. EIP-1 Controller
Contact:
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mPhase Technologies, Inc.
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