LITTLE FALLS, N.J., Feb. 17, 2009 (GLOBE NEWSWIRE) -- mPhase Technologies, Inc. (OTCBB:XDSL) said today that it is making rapid progress bringing the AlwaysReady Emergency Flashlight to market with Porsche Design Studio in Zell am See, Austria and EaglePicher Technologies from Joplin, Missouri. The flashlight will feature a sleek modern design with unique features.
mPhase selected the Porsche Design Studio and EaglePicher Technologies because of their respective abilities to design and develop highly reliable premium quality products. The collaborative effort will converge later this year when the first AlwaysReady Emergency Flashlight is anticipated to be available for sale.
mPhase CEO Ron Durando commented, "Working with two world class companies like EaglePicher Technologies and the Porsche Design Studio will speed a unique high end product to market. The AlwaysReady Emergency Flashlight will without question live up to the 'emergency' functionality that it is designed for."
The AlwaysReady Emergency Flashlight features a manually activated emergency power source that will function as a backup to the primary lithium battery in the event of failure or complete battery drain. The mPhase reserve battery features a minimum 20-year shelf life and will power the AlwaysReady Emergency Flashlight for at least two hours in its initial configuration.
"EaglePicher is proud to supply mPhase with custom reserve lithium battery power for its AlwaysReady Emergency Flashlight," said Randy Moore, president of EaglePicher Technologies. "The heritage, quality and reliability of our batteries make EaglePicher a natural fit for a product of this standard."
About mPhase Technologies, Inc. and AlwaysReady, Inc.
mPhase Technologies, Inc. (OTCBB:XDSL), 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.
About Porsche Design Studio
Porsche Design Studio in Zell am See, Austria, stands for the distinctive, timeless and unmistakable design signature that characterizes all of the Porsche Design Group's products. The studio also offers its design services to other companies in the areas of industrial and product design. Today, Porsche Design Studio is one of Europe's most recognized design companies. Their products have been recognized for their outstanding quality at internationally renowned competitions, such as the IF Forum Hanover, the Red Dot Award or the EISA Award.
About EaglePicher Technologies, LLC
EaglePicher Technologies, LLC, an EaglePicher company, is the leading producer of batteries, power systems and energetic devices for the defense, space and commercial industries, and provides the most experience and broadest capability in battery electrochemistry of any battery supplier in the United States. EaglePicher Technologies offers a wide range of battery technology including thermal, nickel hydrogen, lithium carbonmonofluoride, lithium thionyl chloride, lithium manganese dioxide, lithium sulfur dioxide, lithium-ion, reserve lithium oxyhalide, custom battery assemblies and silver zinc batteries. It also provides other energy products and pyrotechnic devices for the defense industry, as well as advanced battery chargers and other power solutions for business, industrial and recreational applications. EaglePicher Technologies is headquartered in Joplin, Mo., and is an AS9100 certified supplier. For more information, visit www.eaglepicher.com.
Safe Harbor Statement
This news release contains forward-looking statements related to future growth and earnings opportunities. Such statements are based upon certain assumptions and assessments made by management of companies mentioned in this press release in light of current conditions, expected future developments and other factors they believe to be appropriate. Actual results may differ as a result of factors over which the company has no control.