JUST OUT.... (BSNS WIRE) Internet Stock News Features High-Speed Internet Access Comp
Internet Stock News Features High-Speed Internet Access Company, mPhase
Technologies Inc.
Business Editors/Internet Writers
LOS ANGELES--(BUSINESS WIRE)--Feb. 10, 1999--Internet Stock News
(ISN), the no. 1 FREE resource on the Web for information about
Internet stocks, announced today that it has featured mPhase
Technologies Inc. (OTCBB:XDSL) in its online media publication as an
emerging Internet company.
Internet Stock News is extremely selective of the companies it
features and has chosen mPhase because of its unique position in the
emerging market for high-speed Internet access. The Internet Stock
News profile of mPhase Technologies Inc. can be found below and on the
ISN web site at www.internetstocknews.com
mPhase Technologies Inc., www.mphasetech.com, is a communications
equipment company whose products facilitate the convergence of video,
voice and data services over the existing copper telephone wires
through a dedicated bandwidth solution. The company's TRAVERSER
product will allow telephone companies to simultaneously deliver 1 MB
of high-speed internet access, 80 channels of digital television
programming, and traditional voice services over the existing local
loop infrastructure. The company believes it has the most economical
and practical solution to the current constraints of receiving
broadband services to the home.
There are currently over 30 million Internet accounts in the
United States using 56 Kbps or slower service. Driven by slow and
unreliable service from current internet service providers, many
consumers and telecommuters are demanding high speed internet access.
Digital Subscriber Line (DSL) technology allows telephone companies to
provide high-speed Internet access and to maximize the potential of
installed telephone lines thus avoiding installation of new wiring, a
process which is time consuming and extremely expensive.
Using its proprietary hardware, mPhase offers a specific flavor
of DSL called RADSL (Rate Adaptive Digital Subscriber Line) allowing
high-speed data transmission at speeds up to 6 Mbps downstream and up
to 1 Mbps upstream, increasing throughput up to 200 times faster than
an existing 28.8K Internet connection. This allows for high-speed
Internet access, digital video, and telephone communications to be
conducted over an existing telephone line simultaneously. Because the
transmission speed is rate adaptive, mPhase xDSL adjusts to the length
and signal quality of the telephone line, automatically selecting the
highest practical operating speed.
mPhase has stated that they are the first affordable alternative
to coaxial and fiber delivery for regional bell operating companies
and local telephone exchange carriers. The mPhase xDSL transceiver is
the only technology able to transport voice, digital video programming
and data over existing telephone lines without impacting traffic and
without degrading voice quality. Other potential applications made
possible by mPhase's products may include video teleconferencing,
distance learning, tele-medicine and e-commerce.
Industry comparables to mPhase include Tut Systems (NASDAQ:TUTS),
Aware (NASDAQ:AWRE), Broadcom (NASDAQ:BRCM), Com21(NASDAQ:CMTO),
Orckit (NASDAQ:ORCTF), PairGain (NASDAQ:PAIR), Alcatel (NYSE:ALA), ECI
(NASDAQ:ECILF), @Home (NASDAQ:ATHM), Time Warner (NYSE:TWX), Online
System Services (NASDAQ:WEBB), Scientific Atlanta (NYSE:SFA), General
Instrument (NYSE:GIC) and Teligent (NASDAQ:TGNT).
About Internet Stock News
Internet Stock News has featured companies including At Home
(NASDAQ:ATHM), CMGI (NASDAQ:CMGI), DoubleClick (NASDAQ:DCLK), E Trade
(NASDAQ:EGRP), Excite (NASDAQ:XCIT), FreeRealTime.com (NASDAQ:FRTI),
Onsale (NASDAQ: ONSL), Spyglass (NASDAQ:SPYG), SportsLine USA
(NASDAQ:SPLN), and Ticketmaster/CitySearch Online (NASDAQ:TMCS) in its
"Ones to Watch in 1999" list and is proud to announce that its list is
up 70% since January 1st, 1999.
Internet Stock News is published by IP Equity Inc., an
Internet-targeted investor communications firm. Please read the
disclaimer at www.internetstocknews.com for information regarding the
relationship between mPhase Technologies Inc. and IP Equity Inc.
--30--lc/sd*
CONTACT: IP Equity, Inc.
Dan Mutters, 800/997-3323
Dan@ipequity.com
or
MPhase Technologies, Inc.
Ronald A. Durando, 203/831-2250
Rdurando@mphasetech.com
KEYWORD: CALIFORNIA |
