CLIFTON, N.J.--(BUSINESS WIRE)--mPower Technologies Inc. (http://mpowertech.com/), the consumer products subsidiary of mPhase Technologies, Inc. (XDSL), announced today that it has landed its largest order to date. A Black Friday pricing promotion intended to draw additional retailers, launched in October, was a huge success. The mPower Jump has a presence in the market with a national retailer that has over 400 stores carrying that product. mPower developed a pricing plan to promote the mPower Mini Jump to increase the retailer base. Retailers needed to place their order by November 7th to buy into the pricing package and receive product delivery in stores before Black Friday. Almost 1000 stores from a national aftermarket auto chain ordered Mini s to either stock their first mPower emergency portable jumpstarter product or join the mPower Jump already on their shelves.
mPower had their highest volume of shipments to date in a 3-day period. The additional stores now carrying the mPower products are being added to the company s website store locator. Retailer locations carrying the mPower product line are expanding rapidly. With product on shelves in approximately 1000 stores within one national chain, the opportunity to build relationships with other chain retailers increases. The company has product in regional areas of other chains and promotional pricing structures for the holiday season continues to see orders increase.
With three products solidly in the marketplace, the company is meeting the consumer s demand in the portable emergency jumpstarter category. The mPower Jump can jumpstart a 12V vehicle, car or boat, up to 30 times on a single charge. The Mini Jump, smaller in size, targets an additional market by offering a jumpstarter that has the added capabilities of charging electronics. The Mini can be categorized in consumer electronics. The third product is the Jump Plus. The Plus is marketed to a high volume user such as vehicle fleets and commercial repair and combines the high volume jumpstarter with features for charging electronics and an LED flashlight with SOS flasher. The Jump Plus even runs 12V mini refrigerators and 12V pumps and inflators.
The mPower Jump, Mini Jump and Jump Plus can be found on the company s website at www.jumpitnow.com along with a line of accessories. Wholesale pricing is available for resellers and distributors. Distributor inquiries can be directed to firstname.lastname@example.org
Now everyone can enjoy the safety and peace of mind that comes with knowing you ll never be stuck with a dead car battery, or dead cellphone ever again. Wherever you go, you re in charge.
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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