LITTLE FALLS, N.J.--(BUSINESS WIRE)--Dec. 27, 2005--mPhase Technologies (OTCBB: XDSL - News )
today said that the improved sensor it is developing could significantly improve
the metal detecting systems now used for screening large numbers of people like
those attending this weekend's college bowl games.
During
the collegiate 'bowl season' we all become more
conscious that metal detection in crowded environments
is a real challenge. We believe that our improved
sensor could eliminate the dreaded 'pat down' because
the increased sensitivity will work at greater distances," said
Ronald A. Durando, mPhase's CEO. Referring to a headline
in Israel's Ma'ariv daily, "No need to Open your
Bag" above a recent article about the magnetometer
development, Durando said, "That headline catches
the essence of this technology breakthrough. Security
people could one day be able to detect hidden weapons
without physical inspections that appear intrusive
and create long waiting lines." (Details are posted
at www.mphasetech.com .)
The previously announced sensors, technically referred
to as magnetometers, are about the size of the date
minted on a penny coin, but can sense metal objects
at distances greater than commercially-available
magnetometers.
mPhase
also expects the magnetometer to have significant
impact in the military electronics industry, including
applications in homeland security as an improvement
in perimeter defense. Commercial applications that
might use this component range from inexpensive navigation
systems built into mobile phones, to magnetic sensing
security devices for household locks. Other applications
include radio frequency identification (RFID) tags
and many non-invasive diagnostic medical procedures
for detecting anomalies in red blood cells or brain
activity."
About mPhase Technologies, Inc.
mPhase Technologies Inc. (OTCBB: XDSL - News )
develops and commercializes next-generation telecommunications
and nanotechnology solutions, delivering novel systems
to the marketplace that advance functionality and
reduce costs. The company, awarded the 2005 Frost & Sullivan
Excellence in Technology Award and named to the NASA
Nanotech Briefs "Nano 50", 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 up to a 1,000-fold increase
in sensitivity as compared with available uncooled
sensors. More information is available at the mPhase
Web site 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 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.
Contact: for mPhase Technologies Media:
TMI Sam Gronner, 201-592-7896 sam@technovative.com or
Investors: CEOcast Ken Sgro, 212-732-4300 Source: mPhase Technologies
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