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mPhase Technologies Presents Video of Technology Award

Based on its analysis of the advanced battery market, Frost & Sullivan recognized mPhase Technologies, Inc. (XDSL) with the 2013 North America Frost & Sullivan Technology Innovation Award for its pioneering nanobattery technology. The award-winning technology is now explained in a new video presentation that can be found at http://vimeo.com/frostsullivan/review/76639321/a1df4fed01.

The findings have shown that the unparalleled battery shelf life, reduction in toxicity, cost-effectiveness, and smaller carbon footprint distinguish this cell-array battery from competing technologies, making it an innovative energy storage solution.

The video best demonstrates this award-winning nanobattery technology. In recognition of its patented cell-array battery technology and continuous focus on widening its application in different industry verticals, mPhase Technologies was the worthy recipient of the 2013 Frost & Sullivan Technology Innovation Award in the advanced battery market. Each year, Frost & Sullivan presents this award to a company that has demonstrated uniqueness in developing a technology that significantly impacts both the functionality and the customer value of new products and applications. The award lauds the relevance of the innovation to the industry. The video presentation details this award-winning technology.

Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.

About mPhase Technologies, Inc. mPhase Technologies Inc. (XDSL) 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.

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