EAST RUTHERFORD, New Jersey, January 15, 2014 /PRNewswire/ --
mPower Technologies Inc. ( http://mpowertech.com/), the consumer products division of mPhase Technologies, Inc. (OTCQB: XDSL), announced today that the introductory price for the mPower Jump It is coming to a close. Robust demand from distribution partnerships has confirmed the market value of the emergency portable jump starter. Consumer sales have verified the markets interest and buying potential at an increased price.
mPower sales representatives have been closing deals with small and midsize distributors and retailers. They are in discussion with larger distribution retailers and will be increasing the price on the website http://www.jumpitnow.com to $109.95 plus shipping and handling. This increase opens the door to larger distributors that require specified profit margins to partner and resell. The demand for the product is at the ready and mPower will find it easier to close in on these large distribution deals with the increased pricing structure.
The price increase will take effect on or around January 20 th and distributors that have committed their orders prior to the increase will benefit from a 6-month holdover of the introductory pricing on their re-orders. Consumer purchase on the website will also see the pricing change take place around January 20 th.The mPower JUMP IT delivers an incredibly powerful, compact jump starting capability. Millions of car owners and boat enthusiasts, worldwide, can enjoy the peace of mind that comes with never having to use jumper cables ever again. Because these products are always handy, always ready and always easy to use. About mPower Technologies mPower Technologies Inc. is the consumer products division of mPhase Technologies Inc. (OTCQB:XDSL), a 2013 Frost and Sullivan recipient for the North American Advanced Battery Technology Innovation Award. mPower Technologies is the wholly owned consumer products division of mPhase Technologies. More information about the company can be found at http://www.mpowertech.com. About mPhase Technologies, Inc.