LITTLE FALLS, N.J., June 5, 2013 /PRNewswire/ -- mPhase Technologies, Inc. (OTCBB: XDSL) announced today that it has become a member of the National Warheads and Energetics Consortium (NWEC). Working closely with the Defense Ordinance Technology Consortium (DOTC) which is part of the Department of Defense the NWEC is a consortium of 170 traditional and nontraditional contractors, and academic institutions, operating under the provisions of an NWEC Consortium Member Agreement that has been executed by the participating member organization.
mPhase will be attending its first annual meeting and collaboration day on Wednesday June 5 and 6th of 2013 at the Hilton Hotel in Parsippany N.J. to discuss with members of the consortium the details of its patent portfolio and "smart surface technology. mPhase is working to position its Smart Nanobattery as the power cell of choice for small munitions platforms.
DOTC is a collaborative partnership between the Department of Defense and the National Warhead and Energetics Consortium. DOTC was commissioned by the Under Secretary of Defense for Acquisition, Technology and Logistics as a DoD initiative. The Enterprise was established by the Under Secretary to facilitate collaborative Government, Industry, and Academic ordnance technology development and prototyping.
Initially in 2000 the NWEC was partnered with the Army's Warheads and Energetics Technology Center, or WETC, located at Picatinny Arsenal in New Jersey. Shortly after the NWEC/WETC partnership was forged, the NWEC expanded its role and became the industrial/academic component of the newly formed DoD Ordnance Technology Consortium when it was stood up as a purple organization in December 2002.
A key feature of the enterprise is its ability to leverage the capabilities and investments of all of its constituents – Government, Industry and Academia -- to maximize Return on Investment. This is accomplished through its joint planning and project execution process. In operation for the last twelve (12) years, DOTC is available to all Service laboratories and any other Government Agencies to aid in development and prototyping of advanced concept warheads, energetics, fuzes and other ordnance items.
About mPhase Technologies, Inc.
mPhase Technologies is a leading nanotechnology innovator in Smart Surfaces. Potential applications include energy storage systems, drug delivery 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.
In addition to the Smart Surface technology, mPhase, in collaboration with Porsche Design Studio, has developed a world class automotive jump starter. See http://www.mpowertech.com. 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 Information
- Contact:
mPhase Technologies, Inc.
973-256-3737
SOURCE mPhase Technologies, Inc.