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mPower Technologies signs agreement with Jay Abraham

XDSL

World renowned marketing expert partners with mPower

mPower Technologies Inc. (http://mpowertech.com/), the consumer products subsidiary of mPhase Technologies, Inc. (XDSL), announced today that they have completed a consulting agreement with world renowned marketing expert Jay Abraham. The company has been able to secure an agreement and has initiated strategic guidance from Mr. Abraham that will strengthen mPower’s approach with the intention to better position its products in the market.

His clients have ranged from small entrepreneurial companies to international corporations. Jay Abraham has assisted over 10,000 clients from over 400 industries on a global basis. He has a proven track record in successful approaches to revenue enhancing strategies. Learn more about The Abraham Group at www.abraham.com.

mPower introduced the mPower JumpIt, an emergency portable jumpstarter in November, 2013 and launched its second product, the Mini JumpIt in April. To find out more about the product offerings and accessories go to www.jumpitnow.com.

Mr. Abraham brings over 30 years of business building expertise to mPower and his guidance and counsel create new possibilities in opening niche market opportunities. The potential consumer market for the mPower JumpIt and Mini JumpIt is vast and his experience will assist the company in bringing visibility and interest to the product line for both consumer and sales distribution partnerships.

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. (OTCQB:XDSL), a 2013 Frost and Sullivan recipient of the North American Advanced Battery Technology Innovation Award (http://vimeo.com/frostsullivan/review/76639321/a1df4fed01), is an innovative development company specializing in the fabrication of Smart Surfaces and devices enabled by breakthroughs in microfluidics, micro electromechanical systems (MEMS) and nanotechnology. mPhase is a public company trading under the stock symbol XDSL, with offices in East Rutherford, New Jersey and Norwalk, Connecticut.

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.