mPhase Technologies Prototype Magnetometer on Display at New Jersey Security & Defense Expo Tomorrow

Business Wire, April 24, 2006

LITTLE FALLS, N.J. -- mPhase Technologies (OTCBB:XDSL) is participating at the New Jersey Technology Council's 2nd Annual Mid-Atlantic Homeland Security & Defense Expo tomorrow by displaying its prototype ultra-sensitive magnetometer that could be used in defense and homeland security applications.

The event is taking place from 2 p.m. to 7 p.m. at the Physics Plasma Lab at Princeton University. The facility is located about two miles north of Princeton University's main campus on U.S. Route 1 at the Forrestal Exit. More information about the conference is posted online at http://www.njtc.org/events/indevt.asp?dbid=453054884.

Working press interested in an onsite briefing should contact Sam Gronner, TMI, at (201) 592 7896 or sam@technovative.com.

Magnetometers detect changes or disturbances in magnetic fields and derive information on properties such as direction, presence, rotation, angle, or electrical currents; they make excellent sensors for a wide range of applications. The uncooled magnetometer is designed to be produced with standard silicon production techniques.

About mPhase Technologies, Inc.

mPhase Technologies Inc. (OTC: XDSL) develops and commercializes next-generation telecommunications and nanotechnology solutions, delivering novel systems to the marketplace that advance functionality and reduce costs. The company, awarded the 2005 Frost & Sullivan Excellence in Technology Award and the Nano 50 Award from NASA Nanotech Briefs, is bringing nanotechnology out of the laboratory and into the market with a planned innovative long life power cell. Additionally, the company is working on prototype ultra-sensitive magnetometers that promise up to a 1,000-fold increase in sensitivity as compared with available uncooled sensors. More information is available at the mPhase Web site at www.mPhaseTech.com.

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