mPhase Technologies Granted U.S. Patent for Safer Disposal of Smart NanoBattery

LITTLE FALLS, NJ, Nov 02 (MARKET WIRE) --
mPhase Technologies, Inc. (OTCBB: XDSL) reported today that it has been
granted a United States patent for its concept for a battery that is
safer for the environment. mPhase's "greener" battery technology could
potentially help to reduce the harmful residual chemicals in a battery
once it has reached the end of its life and is discarded. This approach
reduces the risk that potentially harmful chemicals will leak through the
battery container and pollute the ground or air, after the battery has
been disposed of.

The technique described in the patent is based on the idea of neutralizing
the harmful chemistry inside the battery by dispensing a neutralizing
agent or containment polymer that is located inside the battery fixture
and dispensed once the battery is depleted. This process is an important
step forward in creating safer, green batteries.

The use of this patented technique may be incorporated into future battery
designs by battery vendors, and could be implemented in future designs of
the mPhase Smart NanoBattery. The Smart NanoBattery is being developed as
part of the U.S. Army STTR Program to develop unique new battery
technology for military purposes. The reserve battery design uses
electrowetting and microfluidic techniques to selectively activate and
control the power generated by the cells in the reserve battery.

"This patent is a major step in creating new approaches for designing
batteries that could be safer for the environment," said mPhase CEO Ron
Durando. "This concept is not just something that can be implemented in
our own products, but has applicability that could be incorporated by
other vendors in the battery industry."

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.

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.

Contact:
mPhase Technologies, Inc.
Mr. John Levitt
Public Relations Coordinator
973-256-3737
Email Contact
www.mPhaseTech.com

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