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Technology Stocks : XDSL mPhase tech: TV, Broadband Internet & Phone: 1 line!
XDSL 0.0002000.0%1:43 PM EDT

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To: jjs64 who wrote (225)5/24/2001 5:11:22 PM
From: blebovits   of 292
 
mPhase Announces Introduction of `Intelligent' POTS Splitter Shelf for Integrated DSL Line Testing`iPOTS(TM)' Splitter Shelf Provides Telcos Access to Blocked Local Loop Infrastructure Allowing Both Narrowband and Wideband Loop Testing

NORWALK, Conn., May 24, 2001 (BUSINESS WIRE) -- mPhase Technologies, Inc. (OTCBB: XDSL chart, msgs), the leading designer of broadcast digital television and high-speed data solutions for the telecommunications industry, announced the introduction of its revolutionary iPOTS(TM) Splitter Shelf (Intelligent POTS, or Plain Old Telephone Service). The mPhase iPOTS(TM) Splitter is a critical component for pre-qualifying and maintaining both narrowband (voice) and wideband (DSL or Digital Subscriber Line) local loop services. In safely bypassing the mandatory DC blocking capacitors found in all Central Office (CO) splitters required by the ITU, ANSI and ETSI standards-setting bodies, the mPhase iPOTS(TM) Splitter provides an innovative, simple and cost-effective solution for telcos looking to rapidly test and deploy high-speed Internet services. Unlike standard POTS Splitters that require the connection of an additional access device to perform local loop testing, the mPhase iPOTS(TM) Splitter provides an all-in-one solution.

The mPhase iPOTS(TM) Splitter allows DSL and POTS to function simultaneously over the same copper telephone line. The iPOTS(TM) Splitter Shelf is an essential component of any DSL system employing circuit switched telephony where the test head is located behind the CO splitter. Servicing up to 144 customers, the mPhase iPOTS(TM) Splitter Shelf also provides high port density, enabling maximum efficiency, while utilizing the smallest amount of CO space. It can be easily installed in a telco CO or remote location, such as DLC (Digital Loop Carrier) cabinet or MDU (Multiple Dwelling Units) and is compatible with all DSL equipment regardless of manufacturer. When line tests are completed, the iPOTS(TM) device automatically reverts back to a passive mode, permitting telcos to economize their energy consumption. As important, the iPOTS(TM) Shelf also incorporates "hot swappable" filter card technology so that service remains uninterrupted even if filter cards are removed, thereby assuring constant availability of customers' telephone service, even in the event of a general power failure.

Industry forecasts are optimistic about growth in DSL deployments: according to a recent report from telecom market research firm RHK, Inc., residential DSL service in North America is projected to grow from 2.2 million users in 2000 to more than 18 million users by 2004, while an estimate from UBS Warburg suggests worldwide deployments of upwards to 150 million lines within the next four years.

"As the demand for advanced telecommunications services, including television and high-speed Internet over copper loops, continues to grow, mPhase is committed to developing products that provide telcos with value-added, cost-effective solutions for deploying services worldwide," said Ronald A. Durando, president and CEO of mPhase. "The mPhase iPOTS(TM) Splitter rounds out our existing, innovative product line of POTS Splitters and provides a fast, economical way for telcos to access and allow both narrowband and wideband testing of the local loop."

The mPhase iPOTS(TM) Splitter Shelf is available immediately through mPhase direct sales and distribution channels and through mPhase strategic partners worldwide. The Company's growing DSL Components Line also includes a `standard' POTS Splitter Shelf, Test Access Shelf, Harmonized POTS Splitter Shelf and ADSL over ISDN splitters for European markets and in-line filters. For more information, contact the company at info@mPhaseTech.com.

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 utilizing a NIP (Non Internet Protocol)-based platform, high-speed Internet access and traditional telephone service, simultaneously, over existing copper telephone lines. The Company believes that by avoiding transmission of video over traditional IP- or ATM-based networks, it possesses the capability to deliver a superior, more reliable and cost-effective video experience to the end user. 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 page 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:
mPhase Technologies, Inc.
Michael N D Meek
203.854.1343
michaelmeek@mphasetech.com
or
Media Inquiries:
Schwartz Communications
Chuck Kabat or Tim King
781.684.0770
mphase@schwartz-pr.com
or
The MWW Group
Richard Schineller
212.704.9727
rich@mww.com



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