To: TokyoMex who wrote (53475 ) 2/10/1999 1:27:00 PM From: Gapman Read Replies (3) | Respond to of 119973
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