Dallas 6/28/2012 9:06:29 PM
News / Finance

OTCPicks.com Trade Idea: mPhase Technologies, Inc. (OTCBB:XDSL)

OTCPicks.com Trade Idea for today mPhase Technologies, Inc. (OTCBB:XDSL)

mPhase Technologies, Inc., is an innovative development company specializing in the fabrication of Smart Surfaces and devices enabled by recent breakthroughs in microfluidics, micro electromechanical systems (MEMS) and nanotechnology. mPhase Technologies, has completely revamped the conventional idea of the battery with their Smart Battery by means of over ten patents involving battery technology. Before these developments, battery technology had changed very little over the last 150 years. Thanks to recent breakthroughs, however, the mPhase Smart Battery provides a product with several distinct advantages over current conventional batteries including:

  • Green (Environmentally Friendly)
  • Potentially Infinite Shelf Life
  • Lower Manufacturing Cost
  • Power Management Functionality
  • Faster Ramp to Power
  • Flexible Arrayed Configurations
  • Versatile Packaging

In the ever progressing electronics market, advanced devices are in need of new, high performance, longer lasting, and environmentally friendly batteries. The Smart Battery can accommodate a wide range of next generation handheld gaming devices or high tech PDA/cell phones to an array of sophisticated military, medical, industrial, and consumer technologies.

As new and existing portable electronic applications continue to proliferate, the potential for similar performance advantages enabled by our technology is evident.  The military continues down the path of increased usage of high tech portable equipment as laser designators extend their range, drones are used more often, special operations soldiers increase mission time and chemical and biological sensors become more sophisticated and power hungry.  In the consumer market, advanced 3G cell phones, next generation handheld gaming devices, digital cameras, MP3 players, converged cameras/cell phones/PDAs or other new devices yet to be developed, all will continue to tax power budgets and further intensify the need for new, high performance, longer lasting batteries. mPhase Technology is proud about its leading position in battery technology and is excited for the future of this exciting industry.

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Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.

Disclosure: OTCPicks.com and affiliates have been compensated four thousand dollars by the company for XDSL promotional email coverage

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