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mPhase Extends Research Agreement with Rutgers University

February 14, 2007

Work will continue on the development and characterization of a reserve microbattery prototype based on lithium chemistries.


LITTLE FALLS, NJ /BUSINESS WIRE/ -- mPhase Technologies announced that it has signed a an extension of its original cooperative research agreement with Rutgers, The State University of New Jersey, as related to lithium-based chemistries for a functional reserve microbattery prototype.

The amended statement of work represents an extension of a previous work plan that commenced in 2006 and enumerates a mutually agreed-upon menu of responsibilities and functional tasks that members of the Rutgers technical team will provide to mPhase going forward.

The work plan's focus is for the partners to develop and characterize a functional reserve microbattery prototype developed around lithium-based chemistries.

During the extended development period, mPhase and Rutgers have agreed to provide mutual assistance in applying for external grants to support their research as well as to participate in technical conferences to present their aggregate work.

"By extending our research agreement with mPhase, we continue to explore applications for the nanotechnology-based chemistries and structures that our group has developed for high-density energy storage," said Glenn Amatucci, Director of the Energy Storage Research Group (ESRG) at Rutgers. "Our work is built on and contributes to the nanotechnology research leadership of the university's department of materials science and engineering."

Ron Durando, President and CEO of mPhase Technologies, said: "These are exciting times for us. Working alongside Rutgers renowned ESRG will enhance the development of our Nanobattery."

The development agreement mPhase has with Rutgers continues to build on mPhase's current work to develop micro batteries that are capable of supporting a range of lithium-based chemistries for applications requiring primary, reserve, or rechargeable power systems. The batteries mPhase Technologies is developing can be configured as individual power cells, or they can potentially be configured in arrayed arrangements, depending on the power needs of the electronic devices requiring power.

Initially the batteries are targeted for powering small electronic devices and other applications requiring long shelf life and controlled activation.

About ESRG
The Energy Storage Research Group (ESRG) is a technically diverse applied research group of faculty, research staff, and graduate and undergraduate students within the Department of Materials Science and Engineering, whose charter is the research, development, and advancement of new energy storage-device chemistries enabled by advancements in materials science.

The group focuses on a wide range of nonaqueous and solid-state chemistries, the majority of which incorporate ESRG developed nanocomposites that enable new abilities to deliver and store large amounts of power and energy per weight of device.

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, Rutgers offers more than 280 bachelor's, master's, doctoral, and professional degree programs. The university is home to 30 degree-granting schools and colleges and more than 150 specialized centers and institutes. With more than 340,000 living alumni, Rutgers graduates are major contributors to all sectors of contemporary life.

About mPhase Technologies Inc.
mPhase Technologies Inc. develops and commercializes next-generation media-rich entertainment software and nanotechnology solutions, delivering novel systems to the marketplace that advance functionality and reduce costs. The company was awarded the Frost & Sullivan 2006 Energy Storage Award for the Nanobattery, the 2005 Frost & Sullivan Excellence in Technology Award, and the Nano 50 Award from NASA Nanotech Briefs. mPhase 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 orders of magnitude increases in sensitivity as compared with available un-cooled sensors. More information is available at the mPhase Web site.


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