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mPhase/AlwaysReady, Inc. (XDSL.OB) Successfully Demonstrates The Smart NanoBattery

mPhase/AlwaysReady, Inc. (OTCBB: XDSL) successfully demonstrated the electronic activation of the revolutionary Smart NanoBattery in front of a live audience yesterday in NYC. The company demonstrated the ability to obtain power on command from a fully assembled Smart NanoBattery that does not self-discharge. The Smart NanoBattery keeps the liquid electrolyte separate from the solid electrodes with a nanostructured membrane and is therefore completely fresh when power is needed for the first time, unlike conventional batteries.

“Demonstrating this electrical activation mechanism in front of a packed house was exhilarating and represents a major milestone in showing how the Smart NanoBattery can be potentially integrated into portable electronic systems,” said Ronald A. Durando, CEO of mPhase Technologies Inc. The company also announced that another demonstration is planned for a new high-power lithium Smart NanoBattery that can be activated on command. MPhase has scheduled the demonstration for May.

The company states they are making incredible progress in a short period of time. MPhase, through its subsidiary AlwaysReady Inc., focuses on developing and commercializing new battery technology. The company bases its product on a well-patented phenomenon known as electrowetting.

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