Expanded facilities prepare for future growth
CLIFTON, N.J.--(BUSINESS WIRE)--mPhase Technologies, Inc. (XDSL), said today it is set for growth in FY 2015 with the addition of a new corporate office in Clifton, NJ and new warehousing space in Norwalk, CT. mPhase is now prepared for dynamic growth in FY 2015.
mPhase has rapidly expanded it s product line through their consumer products subsidiary, mPower Technologies. The company has three products in the pipeline developed in the past 9 months that include the mPower Jump, the mPower Mini Jump and the most recently introduced mPower Jump Plus. Launching these portable jumpstarting products into the market along with an accessory line has created the need for expansion of both warehousing space and corporate office space. This positions the company for growth in revenues for FY 2015.
The mPower Jump and Mini Jump are on retail shelves in over 220 locations. Dealers continue to join as independent sales representatives selling the product line. The third portable jumpstarter, the mPower Jump Plus, is beginning to be introduced to mPower s expanding dealer network. A store locator is being added to the mPower website for consumer guidance in finding the product in their local area.
Distributor inquiries can be directed to firstname.lastname@example.org To learn more about the portable jumpstarter product line go to www.jumpitnow.com The company will soon be adding the product specifications for the newest jumpstarter in the line, the Jump Plus. The Plus will have a full launch this fall.
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.
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