mPhase Technologies to Release New Video on Smart Surface Technology

LITTLE FALLS, NJ -- (MARKET WIRE) -- Jun 24, 2011 -- mPhase Technologies, Inc. (OTCBB: XDSL) today announced that it will be releasing a new video that will provide technical insight into how Smart Surface materials can be used to develop a multitude of applications.

The video will highlight how the company is developing Smart Surface applications, focusing on the self cleaning phenomena of controlling how water and non-water based liquids can selectively be controlled when applied to different types of porous substrate materials.

At mPhase, Smart Surfaces materials have been used to develop a miniature reserve battery and this technology can potentially be expanded to other non battery applications. The video segment goes on to show how the Smart Surface components can be assembled using semiconductor packaging methods, into a reserve battery containing lithium chemistry, that was developed under a recently funded government grant, as a power source used in computer memory backup.

The video will be released on Monday, June 27, 2011 at 10:00 am EDT and can be viewed on the mPhase Technologies web site, http://www.mphasetech.com/technology.html

Anyone interested in learning more about mPhase Technologies can call the company at 973-256-3737 or visit the mPhase website at www.mphasetech.com.

About mPhase Technologies, Inc.
mPhase Technologies is introducing a revolutionary Smart Surface technology enabled by breakthroughs in nanotechnology, MEMS processing and micro fluidics. 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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