CLIFTON, N.J., Aug. 18, 2015 /PRNewswire/ -- mPower Technologies Inc. (http://mpowertech.com/), the consumer products subsidiary of mPhase Technologies, Inc. (OTC: XDSL), announced today that the company will be introducing a new innovative power solution with a unique feature for fast charging back-up power. Marketing materials are being prepared for the product announcement. Technical specifications along with pricing structures are being finalized for retail sales and distributor/dealer wholesale buy-in rates.
The product will be added to the company's portfolio and contains a battery technology that goes beyond the lithium ion capabilities that have been successfully demonstrated in the present portable jumpstarter units. The new unit, launching in early fall, will depart from the specific jumpstarter category but remain in the battery charging market. This new product offers a unique fast charge feature not found in the current jumpstarter product line and will broaden the target market.
mPower Technologies has launched four products in 18 months and this new product expands the consumer target. New product introduction along with line diversity is key to achieving future growth. To date, mPower has successfully branded emergency jumpstarter units. mPower has also recently demonstrated the mPower home generator and continues the development of a new home battery generator for emergency backup applications.
To learn more about the current line of mPower products go to the company's website at www.jumpitnow.com. Wholesale pricing is available for resellers and distributors. Those inquiries can be directed to firstname.lastname@example.org.
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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), is a publicly traded company 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.
Contact: Danielle LaSalle 973-256-3737
SOURCE mPhase Technologies, Inc.