mPhase Wins Grant to Test Next-Generation Power Sources

LITTLE FALLS, N.J. /BUSINESS WIRE/ --mPhase Technologies announced that it has been awarded the right to conduct a free series of technical tests at Rutgers, the State University of New Jersey, related to the company's ongoing development of lithium-based alternative chemistries for its prototype nano-structured battery.

The Rutgers Service-to-Industry Program (RSIP) is a state-funded program administered by the Rutgers Office of Corporate Liaison and Technology Transfer (OCLTT) in collaboration with the New Jersey Commission on Science & Technology, and is awarded competitively to small businesses invited to submit proposals for in-kind laboratory testing services by Rutgers.

"Next-generation power sources is a core focus of Rutgers research," said Seth Tropper, technology commercialization consultant for OCLTT. "The mPhase nano-structured battery promises to significantly change the storage battery industry, and we're delighted to play a role in helping accelerate their product realization process."

Last year, mPhase and Rutgers agreed to begin collaboration on a research project designed to extend the mPhase nano-structured battery architecture to include more power-intensive chemistries. The grant funds awarded to mPhase are helping to extend and expand the technical scope of work with Rutgers in finding higher energy-producing lithium-based chemistry for the mPhase battery design.

"Our objective is to engage our partners at the Rutgers Energy Storage Research Group, affiliated with the Department of Materials Science and Engineering, to conduct a series of tests to assist us in characterizing the design and suitability of the structures and coatings that comprise the battery architecture," explained Steve Simon, mPhase executive vice president-R&D. "These are necessary steps that, by virtue of the grant, will supplement our ongoing technical efforts at no cost to mPhase. We are grateful to the New Jersey Commission on Science & Technology and RSIP for this significant validation of the nanobattery project."

About mPhase Technologies Inc.
mPhase Technologies Inc. develops and commercializes next-generation telecommunications and nanotechnology solutions, delivering novel systems to the marketplace that advance functionality and reduce costs. The company, awarded the 2005 Frost & Sullivan Excellence in Technology Award and the Nano 50 Award from NASA Nanotech Briefs, is bringing nanotechnology out of the laboratory and into the market with a planned, innovative long-life power cell. Additionally, the company is working on prototype ultra-sensitive magnetometers that promise up to a 1000-fold increase in sensitivity as compared with available uncooled sensors. More information is available at the mPhase Web site.

About Rutgers, The State University of New Jersey
Established in 1766, Rutgers is America's eighth oldest institution of higher learning and one of the nation's premier public research universities. Serving more than 50,000 students on campuses in Camden, Newark, and New Brunswick/Piscataway, Rutgers offers more than 280 bachelor's, master's, doctoral, and professional degree programs. The university is home to 29 degree-granting schools and colleges, and more than 150 specialized centers and institutes. With 320,000 living alumni, Rutgers graduates are major contributors to all sectors of contemporary life.

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