Two new products to reach broader markets
EAST RUTHERFORD, New Jersey , March 17, 2014 /PRNewswire/ --
mPower Technologies Inc. ( http://mpowertech.com/ ), the consumer products subsidiary of mPhase Technologies, Inc. (OTCQB: XDSL), announced today that it has two additional product offerings in the pipeline with a goal to launch this spring. With the mPower JumpIt sales gaining in the auto and marine markets, the company is now planning to offer additional jumpstarting products to the consumer.
The company plans to offer a new product with lower current capacity and another new product with higher capacity than the mPower JumpIt to meet market demand. These two products will expand the offerings into a full line of products that will fit the emergency jumpstarting needs of a complete range of battery sizes and vehicles.
The lower capacity version will target the market need for small vehicles peak current requirements. This market includes ATVs, jet skis, snowmobiles along with motorcycles and small autos. It will also include a USB charging port for electronics such as computers, cell phones and tablets. This product will be more compact in size for easier storage in smaller-size vehicles.
The unit with the higher capacity jumpstarting will have higher peak currents for larger vehicles and yet still remain portable and compact.
These additional offerings will round out a product line for mPower Technologies that gives the company full product coverage for the market needs of emergency jumpstarting portable units.
The core product, the mPower JumpIt, continues to be available directly to the consumer on the company's website at http://www.jumpitnow.com . Consumers find the mPower Jump It offers portability and powerful, compact jump-starting capabilities. Millions of car owners and boat enthusiasts can enjoy the peace of mind that comes with never having to use jumper cables ever again. Because this product is always with you, always ready and always easy to use.
About mPower Technologies (OTC: XDSL)
mPower Technologies Inc. is the wholly owned consumer products division of mPhase Technologies, Inc. More information about the company can be found at http://www.mpowertech.com .
About mPhase Technologies, Inc. mPhase Technologies Inc. (OTCQB: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 introducing 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.
Contact: Danielle LaSalle , +1-973-256-3737
Email: dlasalle@mPhasetech.com
SOURCE mPhase Technologies, Inc.
Source: PR Newswire (March 17, 2014 - 9:20 AM EDT)
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