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mPhase Technologies Strengthening Patent Portfolio(February 14, 2012)
LITTLE FALLS, NJ -- (Marketwire) -- 02/14/12 -- mPhase Technologies, Inc. (OTCBB: XDSL) said today that it has been developing intellectual property based on an innovative platform technology to control the flow of fluids by electronically manipulating the way liquids behave when in contact with a solid or porous surface.
The Company has a patent portfolio in Smart Surfaces of 11 patent applications consisting of a combination of solely owned, jointly owned and patents licensed with its development partners covering the mPhase Smart NanoBattery and its Smart Surface Technology.
The Company is beginning to strengthen its patent portfolio beyond batteries. Future application filings will concentrate in the commercial and consumer areas targeting medical and portable electronic applications.
To date mPhase has focused its development of this innovative technology platform for advanced battery applications. The mPhase Smart NanoBattery has a unique architecture that enables a shelf life of decades, remote activation, programmable control and adaptability to multiple chemistries within the same container. These attributes lend themselves to creative applications outside of batteries.
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.
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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