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$XDSL news out! mPhase Technologies Successful

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Post# of 25636
Posted On: 02/19/2015 9:41:44 AM
Posted By: stockman69
$XDSL news out!

mPhase Technologies Successfully Brands mPower Jump Product Line

Sales of $1,343,354 in calendar year 2014

CLIFTON, N.J., Feb 19, 2015 (BUSINESS WIRE) -- mPhase Technologies Inc., (XDSL), (http://mphasetech.com/), said today that it has successfully branded the mPower Jump line of its emergency jumpstarters through its' consumer products subsidiary of mPower Technologies, Inc. (http://mpowertech.com/). mPower has expanded into 1300 retail outlets of a major automotive distributor. Total product sales of $1,343,354 occurred in calendar year 2014.

The mPower Jump was the kick-off anchor product as the year began and revenue started to "jump" with the addition of the Mini Jumpstarter. By the fall, the mPower Jump Plus was introduced and the combination of the fully branded line, along with winter promotional pricing, positioned the company for its growth.

mPower will be introducing a fourth product into the already successful line. The new unit will be available for retailer's shelves by early spring. This exciting product will extend mPower's Jumpstarter brand to an even broader market.

mPower has three products strongly branded in the marketplace that are meeting the consumer's demand in the portable emergency jumpstarter category. The mPower Jump can jumpstart a 12V vehicle, car or boat, up to 30 times on a single charge. The Mini Jump, smaller in size, targets an additional market by offering a jumpstarter that has the added capabilities of charging electronics. The third product is the Jump Plus. The Plus is marketed to a high volume user such as vehicle fleets and commercial repair and combines the high volume jumpstarter with features for charging electronics and an LED flashlight with SOS flasher. The Jump Plus even runs 12V mini refrigerators and 12V pumps and inflators.

The mPower products can be found on the company's website at www.jumpitnow.com along with a store locator. Wholesale pricing is available for resellers and distributors. Distributor inquiries can be directed to dealer@mpowertech.com

Wherever you go, you're in charge.

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.

http://cts.businesswire.com/ct/CT?id=bwnews&a...mp;lang=en

SOURCE: mPhase Technologies, Inc.

CONTACT:

mPhase Technologies, Inc. Danielle LaSalle, 973-256-3737 dlasalle@mPhasetech.com

Copyright Business Wire 2015

-0-

KEYWORD: United States
North America
New Jersey
INDUSTRY KEYWORD: Manufacturing
Automotive Manufacturing
Automotive
Aftermarket
Performance & Special Interest
Other Automotive
General Automotive


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