Company adds additional space to meet product demand
CLIFTON, N.J.--(BUSINESS WIRE)--
mPhase Technologies, Inc. (XDSL), announced today that they have
expanded its operations in response to increased demand for the
company’s line of portable jumpstarter products.
To prepare for the future demand of the mPower Technologies product
line, the company has added a warehouse facility in Norwalk, CT. In
addition, the company has relocated and expanded its corporate office in
NJ and has moved into new office space located at 777 Passaic Ave, Suite
375, Clifton, NJ, 07012
Increased sales and marketing efforts have created the need for
expansion in order to meet the demand from distributors and resellers of
the mPower consumer products subsidiary of mPhase. With the preliminary
marketing launch of the third emergency jumpstarter product, the
company’s move to larger space and additional warehousing was required.
The mPower Jump, Mini Jump and the fall launch of the Jump Plus have
created a market demand and sales potential. This operational expansion
will give the space needed to meet the anticipated needs of the company.
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.
mPhase Technologies, Inc.
Danielle LaSalle 973-256-3737
Source: mPhase Technologies, Inc.