LITTLE FALLS, N.J., March 18, 2009 (GLOBE NEWSWIRE) -- mPhase Technologies, Inc. (OTCBB:XDSL) today announced that it has received the first working model for the AlwaysReady Emergency Flashlight from the Porsche Design Studio in Zell am See, Austria. The model is a major step forward as the company prepares for the initial product launch.
The AlwaysReady Emergency Flashlight model introduces a unique built-in emergency feature. mPhase is expected to unveil the flashlight model and features at the NanoBusiness Alliance Public Policy Tour in Washington, DC. The event is a congregation of nanotechnology industry executives, Members of Congress, and other decision makers that set policies and regulate the nanotechnology industry. This year's event will take place from March 17 to 19.
"The AlwaysReady Emergency Flashlight brings a new dimension to flashlights that has never been seen before," said mPhase CEO Ron Durando. "The flashlight design is consistent with the exceptional industrial design capabilities of the Porsche Design Studio. I look forward to unveiling the model at the NanoBusiness Alliance Public Policy Tour this month."
The model features a sleek metallic finish and is the exact size and design as the planned finished product that will be available to consumers. The reserve battery will be added for the final prototype approval, after which the company plans to begin mass production of the AlwaysReady Emergency Flashlight.
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.
About Porsche Design Studio
Porsche Design Studio in Zell am See, Austria, stands for the distinctive, timeless and unmistakable design signature that characterizes all of the Porsche Design Group's products. The studio also offers its design services to other companies in the areas of industrial and product design. Today, Porsche Design Studio is one of Europe's most recognized design companies. Their products have been recognized for their outstanding quality at internationally renowned competitions, such as the IF Forum Hanover, the Red Dot Award or the EISA Award.
Safe Harbor Statement
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