mPhase Technologies to Participate in Live Videoconference Of Symposium on High-Speed Platforms
Chief Technology Officer to Give Presentation on Delivery of Television-Over- DSL Utilizing the Traverser Digital Video and Data Delivery System
NORWALK, Conn., May 8, 2001 /PRNewswire via COMTEX/ -- mPhase Technologies (OTC Bulletin Board: XDSL chart, msgs), the leading designer of broadcast digital television and high-speed data solutions for the telecommunications industry, announced that it will participate in a live videoconference and virtual symposium entitled "High-Speed Platforms: A Reality Check," via the World Wide Web, on Wednesday, May 9, 2001, at 2PM (EDT). The broadcast, which is sponsored by the University of Maine Computer Science Department, will bring together experts in a variety of disciplines to discuss the various approaches businesses and academia are taking to maximize the delivery of communications services.
mPhase's Chief Technology Officer David Klimek will discuss the recently issued patents that cover the technology that makes possible the delivery of digital video content, bi-directional data services such as Internet access and Plain Old Telephone Service (POTS) over a communications channel, typically copper wire utilizing Digital Subscriber Line (DSL) service. The patented technology enables the Traverser Digital Video and Data Delivery System (DVDDS) to deliver television signals in their native MPEG-2 format utilizing a NIP (Non Internet Protocol) -based medium, thus avoiding concerns over packet retransmission and quality issues.
Other participants in the conference will include representatives from the University of California at San Diego, the University of Washington, the National Rural Telecommunications Cooperative, IBM (NYSE: IBM chart, msgs), and Lockheed-Martin (NYSE: LMT chart, msgs), among others.
mPhase will be the primary representation for stating the case for delivering a complete suite of services including digital television, high-speed Internet, data and voice, simultaneously over DSL; other participants will focus on the roles of a variety of technologies, such as wireless, cable broadband, Internet protocol (IP) and satellite in satisfying the needs of business and home-based customers. The presentations will be streamed from the University of Maine via the Internet at media.unet.maine.edu:8080/ramgen/encoder/I2-may9.rm and via a "virtual room" at the Access Grid at www.accessgrid.org.
"We are honored to have been afforded the opportunity to contribute to this discussion of high-speed platforms with these distinguished participants," said mPhase President and CEO Ronald Durando. "The new millennium is seeing a revolution in the way people communicate and how they receive information. mPhase and Georgia Tech are proud to be leading purveyors of the most cost-effective and reliable system for delivering a suite of digital video, high-speed Internet and voice services." He concluded, "we look forward to sharing information on the patents that drive our proprietary delivery system, thus adding what we think is an important facet of the industry's evolution, to the dialogue."
About Georgia Tech Research Institute
Georgia Tech Research Institute (GTRI) has one of the top five engineering R&D programs in the country and its ongoing R&D collaboration and contractual relationship with mPhase Technologies for development of the mPhase Traverser DVDDS represents the largest commercialization agreement in its history. GTRI laboratories assist industry with the development of commercial products, manufacturing research, microelectronics packaging, electronic commerce, logistics and advanced telecommunications technology. As a contract research organization staffed by full-time professionals, GTRI combines the depth of academia and the efficiency of business. It also draws on multidisciplinary talents from research and academic faculty throughout Georgia Tech. GTRI helps its sponsors to move products rapidly from concept to market, offering such services as comprehensive design, prototyping, production preparation, product data definition, market analysis, documentation and intellectual property assistance.
About mPhase Technologies, Inc.
mPhase Technologies, the leading designer of broadcast digital television and high-speed data solutions for the telecommunications industry, operates two primary business segments, marketing its proprietary Traverser Digital Video Data Delivery System (DVDDS) and DSL Components Line to telephone companies worldwide. The Traverser DVDDS enables telephone companies to cost- effectively and reliably transmit up to 400 channels of MPEG-2 quality, broadcast (real time) digital television programming, high-speed Internet access and traditional telephone service, simultaneously, over existing copper telephone lines. The comprehensive package offered by mPhase and mPhaseTelevision provides telcos with turnkey systems that couple technology with content, thereby enhancing their revenue opportunities. More information is available at www.mPhaseTech.com or by calling 1.877.mPhaseTV. Investors may obtain additional information and subscribe to notification services by referring to the Investor Information section at the mPhase Web site, by calling the mPhase 24-hour toll-free Investor Hotline at 1.877.411.XDSL (9375), or by calling the Investor Relations Department at 203.854.1343.
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any forward- looking statements contained herein are based on current expectations, but are subject to a number of risks and uncertainties.
The factors that could cause actual future results to differ materially from current expectations include the following: fluctuations in customer demand; the Company's ability to manage its growth; the risk of new product introductions and customer acceptance of new products; the rapid technological change which characterizes the Company's markets; the risks associated with competition; the risks associated with international sales as the Company expands its markets; and the ability of the Company to compete successfully in the future, as well as other risks identified in the Company's Securities and Exchange Commission filings, including but not limited to those appearing under the caption "Risk Factors" in the Company's 10-KSB and 10-QSB federal filings.
Contact:
Investor Inquiries: or: Media Inquiries:
mPhase Technologies, Inc. The MWW Group Schwartz Communications
Michael N D Meek Christopher Yelcho Chuck Kabat or Tim King
203-854-1343 212-704-9727 781-684-0770
michaelmeek@mphasetech.com cyelcho@mww.com mphase@schwartz-pr.com
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