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

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.