Based on its analysis of the advanced battery market, Frost & Sullivan
recognized mPhase Technologies, Inc. (XDSL) with the 2013 North America
Frost & Sullivan Technology Innovation Award for its pioneering
nanobattery technology. The award-winning technology is now explained in
a new video presentation that can be found at http://vimeo.com/frostsullivan/review/76639321/a1df4fed01.
The findings have shown that the unparalleled battery shelf life,
reduction in toxicity, cost-effectiveness, and smaller carbon footprint
distinguish this cell-array battery from competing technologies, making
it an innovative energy storage solution.
The video best demonstrates this award-winning nanobattery technology.
In recognition of its patented cell-array battery technology and
continuous focus on widening its application in different industry
verticals, mPhase Technologies was the worthy recipient of the 2013
Frost & Sullivan Technology Innovation Award in the advanced batter
market. Each year, Frost & Sullivan presents this award to a company
that has demonstrated uniqueness in developing a technology that
significantly impacts both the functionality and the customer value of
new products and applications. The award lauds the relevance of the
innovation to the industry. The video presentation details this
Frost & Sullivan Best Practices Awards recognize companies in a variety
of regional and global markets for demonstrating outstanding achievement
and superior performance in areas such as leadership, technological
innovation, customer service, and strategic product development.
Industry analysts compare market participants and measure performance
through in-depth interviews, analysis, and extensive secondary research
in order to identify best practices in the industry.
About mPhase Technologies, Inc. mPhase Technologies Inc. (XDSL)
is a publicly traded company (XDSL) that is pioneering 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, still in
development. 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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