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MPhase Wins Best Green Company At NJTC Venture Conference

Stocks in this article: XDSL

LITTLE FALLS, New Jersey, March 27, 2013 /PRNewswire/ --

mPhase Technologies, Inc. ( OTCBB: XDSL ) announced today that it won Best Green Company at the New Jersey Technology Council (NJTC) Venture Conference which was held at the Hyatt Regency Hotel in New Brunswick, N.J. on Friday March 22, 2013.

mPhase displayed its new class of jump starters, the mPower Jump - "Wherever You Go, You're In Charge" http://youtu.be/gsZYhLURQ-o

mPhase also featured its Smart Surface Technology at the 2013 NJTC Venture Conference.

The NJTC Venture Conference showcases the region's most promising companies and leading professional service firms.

The 2013 Venture Conference highlighted emerging clean tech, environmental, life science, nanotechnology and food innovation companies.

About mPhase Technologies, Inc. ( OTCBB: XDSL )

mPhase Technologies is introducing a revolutionary Smart Surface technology enabled by breakthroughs in nanotechnology, MEMS processing and microfluidics. Our Smart Surface technology has potential applications within drug delivery systems, lab-on-a-chip analytic systems, self-cleaning systems, liquid and chemical sensor systems, and filtration systems. mPhase has pioneered its first Smart Surface enabled product, the mPhase Smart NanoBattery. In addition to the Smart Surface technology, mPhase recently introduced its first product, the mPower Emergency Illuminator, an award-winning product designed by Porsche Design Studio and sold via the mPower website: http://www.mpowertech.com. More information about the company can be found at http://www.mPhaseTech.com.

Forward-Looking Statements

As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; acceptance of the Company's products in the market; the Company's success in technology and product development; the Company's ability to execute its business model and strategic plans; and all the risks and related information described from time to time in the Company's SEC filings, including the financial statements and related information contained in the Company's SEC Filing. mPhase assumes no obligation to update the information in this release.

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