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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF
COMS 0.00130-18.8%Nov 7 11:47 AM EST

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To: David Lawrence who wrote (8889)11/9/1997 10:13:00 PM
From: Glenn D. Rudolph  Read Replies (1) of 22053
 
mPhase Technologies, Inc. Delivers Broadcast Quality Digital Video Over Telephone Lines PR Newswire - November 09, 1997 22:00 %TLS V%PRN P%PRN Advancements in mPhase XDSL Technology Have Gained Inclusion In the 1997 Georgia Tech Research Institute Annual Report Retains Cantor Fitzgerald and Technical Resources International Corporation NORWALK, Conn., Nov. 9 /PRNewswire/ -- mPhase Technologies, Inc. and Georgia Tech Research Institute Engineers are widening the field of advanced high speed digital data technology through the development of a unique system designed to use emerging Digital Subscriber Line (DSL) technology to deliver broadcast quality MPEG2 digital video to home televisions via ordinary telephone lines. The new system would allow telephone companies to compete with cable and broadcast satellite companies. mPhase's proprietary all-in-one system solution for the distribution of digital video and data has gained inclusion in the 1997 Georgia Tech Research Institute's 1997 Annual Report. This research has been conducted by Georgia Tech Research Institute at their world-renowned GCATT (Georgia Center for Advanced Telecommunications Technology) facility. A complete system is expected to be ready for alpha and beta testing by the end of the first half of calendar year 1998. A series of point-to-point tests will be conducted at DTC Communications located in DeKalb County, Tennessee, starting in November, 1997. mPhase Technologies, Inc. has retained the services of Cantor Fitzgerald Brokerage, L.P. and Technical Resources International Corporation to provide certain consulting services on an exclusive basis with respect to product development and introduction to markets worldwide. mPhase Technologies, Inc. is engaged in the design and development of telecommunications products based upon proprietary technology including rate adaptive digital subscriber line technology and other proprietary technologies. Georgia Tech Research Institute (GTRI) is a nonprofit organization conducting applied research in engineering, science, computer technology and related areas. Cantor Fitzgerald Brokerage, L.P. is a subsidiary of Cantor Fitzgerald, L.P., founded in 1945. Cantor Fitzgerald provides a broad spectrum of trade execution and information services. It is the largest screen broker of U.S. government securities in the world. Cantor Fitzgerald also actively brokers mortgage-backed, municipal and corporate fixed income securities as well as emerging market securities futures and derivatives. Headquartered in New York City, Cantor Fitzgerald, L.P. currently employs over 2,200 people globally and transacts close to $30 trillion in financial assets annually. Technical Resources International is a Ft. Worth, Texas based international telecommunications consulting firm. SOURCE mPhase Technologies, Inc. /CONTACT: Ronald A. Durando of mPhase Technologies, 203-838-2741/ /Web site: www.mphasetech.com/
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