mPhase Technologies Says Its Magnetometer Could Foil Future Terrorist Acts; Ultra-Sensitive Detection Device Might Stop Armed Infiltrators
LITTLE FALLS, N.J., Aug 29, 2006 (BUSINESS WIRE) -- The recent border incursion by Hizbollah fighters into Israel and kidnapping of two soldiers on border patrol could one day be prevented by a detection device now under development, according to mPhase Technologies (OTCBB: XDSL) In laboratory tests the device, called a magnetometer, has already demonstrated very high sensitivity to the presence of a magnetic object simulating a rifle more than 30 feet away.
"With global terrorism on the rise, police and defense agencies around the globe are looking at promising remote sensing technologies designed to add another layer of protection," said Ronald Durando, mPhase's chief executive. "We believe the magnetometer could add another dimension to border and perimeter control in war zones and also bolster our own homeland security."
The prototype magnetometer has, at its core, a Micro-Electro Mechanical Systems (MEMS) device that exhibits very high sensitivity without cooling, as typically required for ultra-sensitive magnetometers used in medical and scientific applications. A number of designs are under investigation, some acting like a miniature compass with rotating structures, others acting much like a tuning fork or oscillator. With movements only perceptible under a microscope, it is designed to detect changes in magnetic fields and could be used in applications to establish direction of movement of magnetic objects like hidden weapons or bombs.
About mPhase Technologies, Inc.
mPhase Technologies Inc. (OTCBB: XDSL) develops and commercializes next-generation telecommunications and nanotechnology solutions, delivering novel systems to the marketplace that advance functionality and reduce costs. The company, awarded the 2005 Frost & Sullivan Excellence in Technology Award and the Nano 50 Award from NASA Nanotech Briefs, is bringing nanotechnology out of the laboratory and into the market with a planned innovative long life power cell. Additionally, the company is working on prototype ultra-sensitive magnetometers that promise up to a 1,000-fold increase in sensitivity as compared with available uncooled sensors. More information is available at the mPhase Web site at www.mPhaseTech.com.
SOURCE: mPhase Technologies, Inc. CONTACT: Media: e5 Marketing, Inc. Sam Gronner, 201-592-7896 or Skip Ferderber, 425-315-1724 mediarelations@mphasetech.com or Investors: 973-256-3737 x110 invest@mphasetech.com
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