mPhase Technologies, Inc expressed “enthusiasm” in a press release dated Friday August 27th, 2010 after an announcement by (GE) General Electric which states the Fortune 500 company will explore hydrophobic nano-engineered surfaces. GE is exploring the up and coming nano-technology in order to improve the performance of other industrial products.
CEO of mPhase Technologies Ron Durando said, “Smaller companies like mPhase do a lot of initial development of various technologies, and when these new technologies reach the cusp of commercialization, companies such as GE step into the market to leverage their deep pockets and research capacities – following the trail mPhase and others have blazed. “ Read the full article here http://finance.yahoo.com/news/mPhase-Technologies-Inc-Notes-iw-2372264955.html?x=0&.v=1.
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