mPhase/AlwaysReady to Produce Lithium Pouch Batteries

LITTLE FALLS, NJ--(MARKET WIRE)--Apr 29, 2008 -- mPhase/AlwaysReady (OTC BB:XDSL.OB - News) today announced plans to fabricate lithium pouch battery prototypes that provide Power on Command(TM). mPhase/AlwaysReady is in the process of producing lithium-based batteries that can be manually activated as well as batteries that can be activated electronically that have an almost infinite shelf life.

AlwaysReady CEO Fred Allen, noted, "The rapid progress the company is making on our lithium prototypes is of utmost importance for us strategically. I am pleased with our rapid progress to date and am confident that the prototypes in development will move us one step closer to commercialization."

About mPhase/AlwaysReady Inc.

mPhase Technologies Inc. (OTC BB:XDSL.OB - News), through its wholly owned subsidiary AlwaysReady, Inc., is focused on developing and commercializing a new battery technology based on a well-patented phenomenon known as electrowetting, which provides a unique way to store energy and manage power that will revolutionize the battery industry. For more information please visit our website at www.mPhaseTech.com.

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