mPhase Technologies Wins `Best Booth' Award At SUPERCOMM2001 Trade Show; Excellence in Booth Design and Appearance Earn Prestigious Honor.

Business/Technology Editors

ATLANTA--(BUSINESS WIRE)--June 7, 2001

SUPERCOMM--mPhase Technologies Inc. (OTC BB:XDSL), the leading designer of broadcast digital television and high-speed data solutions for the telecommunications industry, was presented with a top honor in the SUPERCOMM2001 Best Booth Awards Program. The booth was established to highlight the Company's products, including its flagship Traverser(TM) Digital Video and Data Delivery System in a `real life' environment.

The recognition resulted from a decision by an evaluation committee comprised of Presentation Exhibition Experts who judged over 900 booths at the telecom industry's premiere national show based on characteristics such as overall booth design, effectiveness in conveying the company's identity, booth `workability' (i.e., the degree to which the booth space allowed for ease in movement by visitors and how well equipped it was with supplies and product displays), and the professionalism, friendliness, knowledgability and appearance of company personnel. After deciding on these key issues, a total of six awards were then given within categories based on booth size; the mPhase booth won First Place within Category IV (booths ranging from 900-2,000 square feet).

The centerpiece of the mPhase booth (#3958 in Hall D at the Georgia World Congress Center) is a beautiful, two-story Mediterranean-style "home": visitors are first able to view a "cutaway" of a telephone Central Office (CO), in which the Company's Traverser(TM) DVDDS Video Access Shelves, POTS Splitter Shelf and new iPOTS(TM) are on display. Then, they walk across the `lawn' (and past the driveway, in which a bright red 2001 Model BMW Z3 Roadster convertible is parked), to enter the `living room' for a live, real-time display of popular video channels being transmitted by copper telephone wire, strung prominently from the "CO" into the home. Volunteers successfully `surf' the Internet, talk on the telephone and watch live television, simultaneously, all delivered over a single twisted pair copper telephone line into the house.

mPhase Director of Events Brittany Raymond said, "we are proud to be so honored at our industry's most important annual event and by such a prestigious panel of experts. We set out to create a visually stimulating and easy to understand experience for visitors to our `home' and are pleased that the judges felt we had accomplished our mission." Ms. Raymond added, "not only did we strive to make our technology easier to understand and to assure adequate staffing to answer questions, we also feel we succeeded in making the entire experience a fun one for both our guests and associates."

The Best Booth Award follows yesterday's announcement that the Company was presented with the top honor in the SUPERQuest Award category of Networks Infrastructure Systems and Services for its installation of the Traverser(TM) Digital Video and Data Delivery System at the BMW Motor Manufacturing plant in Spartanburg, SC. Sponsored by SUPERCOMM and CMP Media's tele.com magazine, the SUPERQuest Awards are designed to recognize the year's best built networks and most promising new technologies, and to honor the key products and technologies launched at SUPERCOMM. Awards were given to exhibitors and customers that have made the most extraordinary achievements in telecommunications worldwide. Further details are contained in a press release dated June 6, 2001, and its complete text is available at the mPhase World Web Site at www.mPhaseTech.com.

About mPhase Technologies

mPhase Technologies, Inc. develops solutions for cost-effectively and reliably transmitting broadcast (real time) digital television programming, high-speed Internet access and traditional telephone service over existing copper telephone lines. The company's flagship product, the Traverser(TM) Digital Video and Data Delivery System (DVDDS), enables telephone companies or companies seeking a cost-effective and reliable closed circuit system to simultaneously transmit high-speed Internet access, up to 400 channels of digital television programming and traditional voice services using existing copper infrastructure. The comprehensive package offered by mPhase and mPhaseTelevision provides telephone companies with turnkey systems that couple technology with content, thereby enhancing their revenue opportunities. More information is available at www.mPhaseTech.com or www.mPhaseTV.net, or by calling 1.877.mPHASETV. Investors may obtain additional investor information and subscribe to investor services by referring to the Investor Information section on the mPhase web site, by calling the mPhase Investor Hotline at 1.877.411.XDSL or by calling the Investor Relations Department at 1.203.854.1343.

About BMW Manufacturing Corp.

BMW Manufacturing Corp. is a subsidiary of BMW AG in Munich. Its website address is www.bmwusfactory.com. In addition to the South Carolina manufacturing facility, BMW's North American subsidiaries include sales, marketing and financial services operations in the United States, Canada and throughout Latin America; an information technology consulting and systems integration firm in South Carolina; a production facility in Mexico; and a design firm in California.

About SUPERCOMM

SUPERCOMM, the premier annual communications and information technology exhibition and conference, is presented jointly by the Telecommunications Industry Association (TIA), http://www.tiaonline.org, Arlington, VA and the United States Telecom Association (USTA), http://www.usta.org, Washington, DC. This year's event runs through Thursday, June 7 in the Georgia World Congress Center in Atlanta, GA.

About tele.com

tele.com provides executive-level service providers with the intelligent context they need to compete successfully in today's rapidly evolving communications industry. tele.com, whose in-depth and forward-thinking analysis of communications trends, technology, and issues from a global perspective empowers executive-level service providers to make smart, strategic decisions. www.teledotcom.com is the magazine's Web site.

Any statements contained in this press release that do not describe historical facts may constitute forward- looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any forward- looking statements contained herein are based on current expectations, but are subject to a number of risks and uncertainties. The factors that could cause actual future results to differ materially from current expectations include the following: fluctuations in customer demand; the Company's ability to manage its growth; the risk of new product introductions and customer acceptance of new products; the rapid technological change which characterizes the Company's markets; the risks associated with competition; the risks associated with international sales as the Company expands its markets; and the ability of the Company to compete successfully in the future, as well as other risks identified in the Company's Securities and Exchange Commission filings, including but not limited to those appearing in the Company's latest Form 10-QSB or -KSB regulatory filings.