LITTLE FALLS, NJ--(MARKET WIRE)--Jun 3, 2008 -- Leading nanotechnology development company mPhase/AlwaysReady (OTC BB:XDSL.OB - News) is presenting at the Nano Science and Technology Institute (NSTI) Nanotech conference at the Hynes Convention Center in Boston, June 1-5, 2008. This annual NSTI Nanotech event, held in conjunction with both the Tech Connect Summit and Clean Technology 2008 events, is promoted as "the largest and most comprehensive technical and business event in nanotechnology worldwide," drawing thousands of nanotech scientists, investors, and other industry professionals.

Source: mPhase Technologies
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The Nanotech conference provides a multi-industry perspective on corporate R&D as well as the commercialization and product development of micro and nanotechnologies. Clean Technology 2008 is a multi-disciplinary and multi-sector conference on global sustainability addressing advancements in traditional technologies, emerging technologies and clean business practices. The Clean Technology ecosystem enables a growing set of knowledge-based technologies, products or services designed to improve operational performance, productivity or efficiency while reducing costs, inputs, energy consumption, waste or pollution.

AlwaysReady CEO Dr. Fred Allen will be discussing the technical progress and commercialization path of the revolutionary Smart NanoBattery in a presentation titled, "A Chemistry-Independent Nanobattery with Enhanced Functionality." This presentation will be at 6:00 pm on Wednesday, June 4, within the "Energy Harvesting and Storage" session.

Complete event information can be found online at http://www.nsti.org/Nanotech2008.

About mPhase/AlwaysReady, Inc.

mPhase Technologies, Inc. (OTC BB:XDSL.OB - News), through its wholly owned subsidiary AlwaysReady, Inc., is focused on developing and commercializing a new battery technology based on a well-patented phenomenon known as electrowetting, which provides a unique way to store energy and manage power that will revolutionize the battery industry. For more information please visit our website at www.mPhaseTech.com.

About NSTI:

The Nano Science and Technology Institute (NSTI; www.nsti.org) is chartered with the advancement and integration of nano and other advanced technologies through education, collaboration and research services. NSTI accomplishes this mission through its offerings of continuing education programs, conventions, scientific and business publishing and custom research services. NSTI produces the annual Nanotech conference and trade show. Nanotech 2008, celebrating its 11th year, is expected to attract over 3,500 industrial, academic, business and governmental attendees from around the word. It is the largest gathering of the nanotechnology industry in the U.S. The event is a unique gathering of the scientific and business community working on the development and commercialization of nano and small-scale technology. NSTI was founded in 1997 as a result of the merger between various scientific societies, and is headquartered in Cambridge, Massachusetts with offices in California and Switzerland.

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This news release contains forward-looking statements related to future growth and earnings opportunities. Such statements are based upon certain assumptions and assessments made by management of companies mentioned in this press release in light of current conditions, expected future developments and other factors they believe to be appropriate. Actual results may differ as a result of factors over which the company has no control.

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     Contact:
     Mr. Gerard Adams
     mPhase Technologies, Inc.
     Investor Relations
     973-256-3737 x105
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