The mPower Jump It Sees Strong Initial Demand and Sales
Product demand continues to increase!
EAST RUTHERFORD, New Jersey, February 12, 2014 /PRNewswire/ --
mPower Technologies Inc. (http://mpowertech.com/), the consumer products division of mPhase Technologies, Inc. (OTCQB: XDSL), today announced that it has sold and delivered 2,400 units of the mPower Jump it. Back orders continue to build as production ramps up to meet demand.
Pre-orders were accepted and delivery of product began on December 5, 2013. Initial orders for the mPower Jump It include a major automotive parts distributor as well as individual consumers. Consumers continue to purchase on the company's website at http://www.jumpitnow.com. mPower Technologies believes that demand for the product will increase as it sets up additional channel partners with major distributors in the United States. Partnerships continue in both the automotive and marine markets. The Company is also exploring portions of the European market with a well-established source with distribution contacts for both automotive and marine applications.
Consumers find the mPower Jump It offers portability and powerful, compact jump-starting capabilities. Millions of car owners and boat enthusiasts can enjoy the peace of mind that comes with never having to use jumper cables ever again. Because this product is always with you, always ready and always easy to use.
About mPower Technologies
mPower Technologies Inc. is the wholly owned consumer products division of mPhase Technologies, Inc. More information about the company can be found at http:// http://www.mpowertech.com.
About mPhase Technologies, Inc. mPhase Technologies Inc. (OTC: XDSL), a 2013 Frost and Sullivan recipient for the North American Advanced Battery Technology Innovation Award. mPhase Technologies is a publicly traded company (OTC: XDSL) that is introducing 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.
SOURCE mPhase Technologies, Inc.
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