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mPhase & Lucent Nanograss Battery Breakthrough

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  • RemyC
    From: http://www.lucent.com/press/0904/040928.bla.html mPhase Technologies and Bell Labs Successfully Demonstrate First Battery Based on Nanograss FOR
    Message 1 of 1 , Sep 29, 2004
      From:
      http://www.lucent.com/press/0904/040928.bla.html

      mPhase Technologies and Bell Labs Successfully Demonstrate First Battery
      Based on 'Nanograss'

      FOR RELEASE
      TUESDAY SEPTEMBER 28, 2004

      R&D Team Proves Feasibility of Nanotech-based Electrochemical Power Storage
      and Generation

      NORWALK, Conn. and MURRAY HILL, NJ - mPhase Technologies [OTCBB:XDSL] and Lucent Technologies [NYSE: LU] today announced a major milestone for future
      commercialization of a nanotechnology-based battery. Lab tests, which have
      been replicated, proves it is possible to fabricate nanotech-based
      batteries, which can store and generate electric current. The project is
      based on a joint program with Bell Labs, the R&D arm of Lucent Technologies.

      The prototype demonstration was conducted at Lucent's New Jersey
      Nanotechnology Consortium (NJNC), one of the world's most advanced design,
      development and fabrication facilities for nanotechnology, based at Bell
      Labs in Murray Hill, N.J. The companies had previously announced a broad
      agreement to develop and commercialize this technology.

      The prototype battery is based on a Bell Labs discovery that liquid droplets
      of electrolyte will stay in a dormant state atop microscopic structures
      called "nanograss" until stimulated to flow, thereby triggering a reaction
      producing electricity. The experiment proved that this super-hydrophobic
      effect of liquids can permit precise control and activation of the batteries
      on demand.

      Future batteries based on this technology have the potential to deliver far
      longer shelf life and better storage capacity than existing battery
      technology. Potential initial applications for this technology may include
      defense, industrial, healthcare and consumer electronics. mPhase is also
      targeting the nanobattery for use in a technically-improved, lighter weight
      battery design.

      "The theory behind the nanobattery is now proven in practical terms, and we
      are delighted to proceed with development of prototypes to meet initial
      customer requirements," said Ronald A. Durando, CEO of mPhase Technologies.
      "Considering that we have come this far in only six months of collaboration
      with Bell Labs and the NJNC illustrates the solidity of this technical
      approach and bodes well for practical commercialization."

      "The use of nanograss for battery technology is an exciting development for
      the fields of nanotechnology and power management," said Dave Bishop, vice
      president of nanotechnology research at Bell Labs and president of the New
      Jersey Nanotechnology Consortium. "In general, improvements in battery
      technology have come very slowly in comparison to accelerating development
      cycles such as Moore's Law in semiconductors. We believe nanotech,
      specifically nanograss technology, will allow us to make a significant leap
      forward in battery capabilities."

      mPhase and Lucent announced an agreement in March 2004, under which mPhase
      plans to commercialize the nanobattery under license from Lucent. mPhase
      projects its nanobattery to be commercially available in 12-15 months, and
      plans to produce the technology packaged in various configurations. A
      primary development goal is to create a battery that could have a shelf life
      lasting decades, yet can be activated instantaneously.

      About mPhase
      mPhase Technologies Inc. (OTC: XDSL) develops and commercializes
      next-generation telecommunications and nanotechnology solutions, delivering
      novel systems to the marketplace that advance functionality and reduce
      costs. In telecommunications, the Company's mPhase TV+ platform
      cost-effectively and reliably delivers entertainment digital television,
      high-speed Internet access and traditional telephone service over existing
      copper telephone lines. mPhase also offers a growing line of innovative DSL
      component products, such as the iPOTS, designed to help service providers
      lower the provisioning and operating costs associated with DSL. The company
      is bringing nanotechnology out of the laboratory and into the market with a
      planned innovative, long-life power cell.

      More information is available at the mPhase Web site at
      http://www.mPhaseTech.com

      About Bell Labs and Lucent Technologies
      Bell Labs is the leading source of new communications technologies. It has
      generated more than 30,000 patents since 1925 and has played a pivotal role
      in inventing or perfecting key communications technologies, including
      transistors, digital networking and signal processing, lasers and
      fiber-optic communications systems, communications satellites, cellular
      telephony, electronic switching of calls, touch-tone dialing, and modems.
      Bell Labs scientists have received six Nobel Prizes in Physics, nine U.S.
      National Medals of Science and eight U.S. National Medals of Technology.

      For more information about Bell Labs, visit its Web site at
      http://www.bell-labs.com

      Lucent Technologies designs and delivers the systems, services and software
      that drive next- generation communications networks. Backed by Bell Labs
      research and development, Lucent uses its strengths in mobility, optical,
      software, data and voice networking technologies, as well as services, to
      create new revenue-generating opportunities for its customers, while
      enabling them to quickly deploy and better manage their networks. Lucent's
      customer base includes communications service providers, governments and
      enterprises worldwide.

      For more information on Lucent Technologies, which has headquarters in
      Murray Hill, N.J., USA, visit http://www.lucent.com

      About The New Jersey Nanotech Consortium
      The New Jersey Nanotechnology Consortium (NJNC) provides rapid and
      cost-effective access to world-class nanotechnology research and development
      services. A subsidiary of Lucent Technologies, based at and run by Bell
      Labs, the NJNC conducts basic and applied nanotechnology research and
      provides fabrication and packaging capabilities, fulfilling its mission of
      bringing nanotech ideas from concept to commercialization. The NJNC is also
      supported by the State of New Jersey, enabling participation of local
      research universities including Rutgers University, New Jersey Institute of
      Technology and The University of Medicine and Dentistry of New Jersey.

      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 both companies 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 companies have no control.

      For more information, reporters may contact:
      Rich Teplitsky
      Lucent Technologies
      908-582-5700 (office)
      rteplitsky@ lucent.com

      Sam Gronner
      Gronner PR Associates for mPhase
      201-592-7896
      sam@ gronnerpr.com

      Headquarters:
      mPhase Technologies, Inc.
      587 Connecticut Avenue
      Norwalk, CT 06854-1711
      Phone: 1.877.674.2738
      203.838.2741
      Fax: 1.203.854.1336

      New Jersey Office
      150 Clove Road
      Little Falls, New Jersey 07424
      Phone: 1 973-256-3737
      Fax: (973) 256-9387

      General E-mail:
      sales@ mphasetech.com

      Investor Relations:
      invest@ mphasetech.com
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