mPhase Technologies Expands Operations
August 20 2014 - 9:24AM
Business Wire
Company adds additional space to meet
product demand
mPhase Technologies, Inc. (XDSL), announced today that they have
expanded its operations in response to increased demand for the
company’s line of portable jumpstarter products.
To prepare for the future demand of the mPower Technologies
product line, the company has added a warehouse facility in
Norwalk, CT. In addition, the company has relocated and expanded
its corporate office in NJ and has moved into new office space
located at 777 Passaic Ave, Suite 375, Clifton, NJ, 07012
Increased sales and marketing efforts have created the need for
expansion in order to meet the demand from distributors and
resellers of the mPower consumer products subsidiary of mPhase.
With the preliminary marketing launch of the third emergency
jumpstarter product, the company’s move to larger space and
additional warehousing was required.
The mPower Jump, Mini Jump and the fall launch of the Jump Plus
have created a market demand and sales potential. This operational
expansion will give the space needed to meet the anticipated needs
of the company.
About mPower Technologies
mPower Technologies Inc. is the wholly owned consumer products
subsidiary of mPhase Technologies, Inc. More information about the
company can be found at http:// www.mpowertech.com.
About mPhase Technologies, Inc. mPhase Technologies Inc.
(XDSL), a 2013 Frost and Sullivan recipient for the North American
Advanced Battery Technology Innovation Award. mPhase Technologies
is a publicly traded company (XDSL) that is pioneering 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, still in development. 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.
mPhase Technologies, Inc.Danielle LaSalle 973-256-3737Email:
dlasalle@mPhasetech.com
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