mPhase/AlwaysReady Set to Make Battery History

LITTLE FALLS, NJ, Mar 31 (MARKET WIRE) --
mPhase/AlwaysReady, Inc. (OTCBB: XDSL) stated today that it is set to make
battery history on Thursday, April 3rd at 9:00am ET, by demonstrating for the
first time a significant breakthrough in battery technology enabled by
microfluidics
-- the science that deals with the behavior, control and manipulation of fluids
geometrically constrained to a small, typically sub-milimeter, scale. The
event will be held at AJ Maxwells located at 57 W. 48th Street in New York
City and will be hosted by mPhase/AlwaysReady, Inc. The mPhase/AlwaysReady Smart
NanoBattery
uses microfluidics to transfer liquid electrolyte through a nanostructured
separator known as a membrane which makes contact with the solid electrodes,
enabling activation of an electrical device. The membrane is designed to
keep the electrolyte separate from the electrodes until activation is initiated.

"This microfluidic phenomenon serves as the basis for a new type of
batterywith unlimited shelf life that can be used to provide power in portable
electronic
devices for commercial and military applications," said Ronald A. Durando, CEO
of mPhase Technologies Inc.

The mPhase/AlwaysReady Smart NanoBattery was recently mentioned by Credit
Suisse, a global research and investment banking firm, in a report
entitled"Nanotechnology for Energy Systems of the Future."

To view the full Nano Circle report please visit www.Credit-Suisse.com and
search mPhase or visit the following link:
https://entry.credit-suisse.ch/csfs/p/b2c/en/privatebanking/services/nanotech/me
ia/pdf/newsletter0208_en.pdf. mPhase is mentioned on page 5 under
"Nanotechnology for the
Energy Systems of the Future."

If you would like to attend the demonstration in NYC this Thursday please
contact Gerard Adams, Managing Director of Investor Relations. (973-256-3737
x105 or
via email at Gerard@mPhaseTech.com).

About mPhase/AlwaysReady, Inc.

mPhase Technologies Inc. (OTCBB: XDSL), through its wholly owned
subsidiaryAlwaysReady, 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

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.

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Contact:

Gerard Adams
mPhase Technologies, Inc
Investor Relations
973-256-3737 x105
Email Contact

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