mPhase Technologies, Inc. (XDSL), said today it is set for growth in FY
2015 with the addition of a new corporate office in Clifton, NJ and new
warehousing space in Norwalk, CT. mPhase is now prepared for dynamic
growth in FY 2015.
mPhase has rapidly expanded it’s product line through their consumer
products subsidiary, mPower Technologies. The company has three products
in the pipeline developed in the past 9 months that include the mPower
Jump, the mPower Mini Jump and the most recently introduced mPower Jump
Plus. Launching these portable jumpstarting products into the market
along with an accessory line has created the need for expansion of both
warehousing space and corporate office space. This positions the company
for growth in revenues for FY 2015.
The mPower Jump and Mini Jump are on retail shelves in over 220
locations. Dealers continue to join as independent sales representatives
selling the product line. The third portable jumpstarter, the mPower
Jump Plus, is beginning to be introduced to mPower’s expanding dealer
network. A store locator is being added to the mPower website for
consumer guidance in finding the product in their local area.
Distributor inquiries can be directed to dealer@mpowertech.com
To learn more about the portable jumpstarter product line go to www.jumpitnow.com
The company will soon be adding the product specifications for the
newest jumpstarter in the line, the Jump Plus. The Plus will have a full
launch this fall.
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.
Copyright Business Wire 2014