LITTLE FALLS, N.J., Aug. 19, 2009 (GLOBE NEWSWIRE) -- mPhase Technologies, Inc. (OTCBB:XDSL) reported today that it has achieved an important research milestone in the development of its Smart NanoBattery Technology. In its laboratory, mPhase has successfully tested a polymer coating that improves the ability to control activation of its Smart NanoBattery. The polymer coating material will also prevent short circuiting and provide electrical isolation on conductive surfaces.
The polymer coating was applied to multi-array silicon membranes consisting of 12 "smart cells" on a single chip. The mPhase team is working with its silicon foundry partner to replicate these results in a foundry production environment, which should allow for more consistent and uniform development of the membrane structures. The coating is applied to a membrane inside the battery that physically separates the liquid electrolyte and solid electrodes inside the battery, enabling potentially infinite shelf life. The membrane's unique nanostructure and microfluidic properties allow for precise control of the movement of a liquid on the surface of the membrane and through its pores.
mPhase is expected to introduce this recent advancement during their 8:15AM session at today's Smart Grid Implementation Summit. The company will be alongside leaders from General Electric, Intel, and Deloitte to discuss innovative ideas and developments in smart grid technology. The Smart NanoBattery has been recognized to have significant potential in smart grid networks.
"We are proud of our technical team and their achievements and continue to work diligently and methodically in advancing this unique battery technology," said mPhase CEO Ron Durando. "This advancement marks another important milestone and creates the potential for developing batteries with an unsurpassed shelf life that can be electronically controlled."
The Smart NanoBattery is being developed as part of the U.S. Army STTR Program. mPhase was awarded $750,000 for a two year Phase II development contract by the U.S. Army in September 2008 to develop this unique new battery technology for military purposes.
About mPhase Technologies, Inc. and AlwaysReady, Inc.
mPhase Technologies, Inc. (OTCBB:XDSL), through its wholly owned subsidiary AlwaysReady, Inc., is focused on developing and commercializing a new battery technology based on a well-patented phenomenon known as electrowetting, which provides a unique way to store energy and manage power that will revolutionize the battery industry. For more information, please visit our website at www.mPhaseTech.com.
The mPhase Technologies logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6037
Safe Harbor Statement
This news release contains forward-looking statements related to future growth and earnings opportunities. Such statements are based upon certain assumptions and assessments made by management of companies mentioned in this press release in light of current conditions, expected future developments and other factors they believe to be appropriate. Actual results may differ as a result of factors over which the company has no control.