mPhase Technologies Wins Competitive Grant to Test High-Power Density Chemistries for its Prototype Nanobattery at Rutgers University; Project Selected in State-Funded New Jersey Small Business Initiative.LITTLE FALLS Little Falls is the name of some places in the United States of America:
See OTC Bulletin Board (OTCBB). :XDSL) today announced that it has been awarded the right to conduct a free series of technical tests at Rutgers, the State University of New Jersey, related to the company's ongoing development of Lithium-based alternative chemistries for its prototype nano-structured battery. E[acute accent acute accent n. A mark (´) indicating: a. that a vowel is close or tense, as é in French été. b. that a vowel or syllable has a high or rising pitch, as in Chinese or Ancient Greek. c. ]The Rutgers Service-to-Industry Program (RSIP (Realm Specific IP) A network address translation technology that performs a similar function to NAT while maintaining end-to-end transparency. Whereas NAT inserts new IP addresses into the packet headers at the router, RSIP does it at the client side. ) is a state-funded program administered by the Rutgers Office of Corporate Liaison and Technology Transfer (OCLTT OCLTT Office of Corporate Liaison and Technology Transfer (Rutgers University) ) in collaboration with the New Jersey Commission on Science & Technology, and is awarded competitively to small businesses invited to submit a proposal for in-kind laboratory testing services by Rutgers. E[acute accent]"Next-generation power sources is a core focus of Rutgers research," said Seth Tropper, technology commercialization consultant for OCLTT. "The mPhase nano-structured battery promises to significantly change the storage battery industry and we're delighted to play a role in helping accelerate their product realization process." E[acute accent]Last year mPhase and Rutgers agreed to begin collaboration on a research project designed to extend the mPhase nano-structured battery architecture to include more power-intensive chemistries. The grant funds awarded to mPhase are helping to extend and expand the technical scope of work with Rutgers in finding higher energy-producing Lithium-based chemistry for the mPhase battery design. E[acute accent]"Our objective is to engage our partners at the Rutgers Energy Storage Research Group, affiliated with the Department of Materials Science and Engineering Materials science and engineering A multidisciplinary field concerned with the generation and application of knowledge relating to the composition, structure, and processing of materials to their properties and uses. , to conduct a series of tests to assist us in characterizing the design and suitability of the structures and coatings that comprise the battery architecture," explained Steve Simon, mPhase executive vice president-R&D. "These are necessary steps that, by virtue of the grant, will supplement our ongoing technical efforts at no cost to mPhase. We are grateful to the New Jersey Commission on Science & Technology and RSIP for this significant validation of the nanobattery project." E[acute accent]About mPhase Technologies, Inc. E[acute accent]mPhase Technologies Inc. (OTCBB:XDSL) 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 the Nano 50 Award from NASA NASA: see National Aeronautics and Space Administration. NASA in full National Aeronautics and Space Administration Independent U.S. Nanotech Briefs, 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. E[acute accent]About Rutgers, The State University of New Jersey E[acute accent]Established in 1766, Rutgers is America's eighth oldest institution of higher learning higher learning n. Education or academic accomplishment at the college or university level. and one of the nation's premier public research universities. Serving more than 50,000 students on campuses in Camden, Newark and New Brunswick/Piscataway, Rutgers offers more than 280 bachelor's, master's, doctoral and professional degree programs. The university is home to 29 degree-granting schools and colleges, and more than 150 specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. centers and institutes. With 320,000 living alumni, Rutgers graduates are major contributors to all sectors of contemporary life. E[acute accent]Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement E[acute accent]This news release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. related to future growth and earnings opportunities. Such statements are based upon certain assumptions and assessments made by management of all the 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 companies have no control. |
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