LITTLE FALLS, NJ–(Marketwire – 04/21/11) – The Company has
successfully tested with the U.S. Army in the past, a single-cell
reserve battery, which was activated by a projectile launch event,
fired out of a tank, at the Aberdeen Proving Grounds in Maryland,
in 2008. The Company has since expanded its efforts to a multi-cell
capability for non-G-force enabled applications such as memory
backup and is improving this advanced design for critical G-force
enabled munitions systems. Additionally, mPhase is seeking to
expand its initial efforts with Picatinny Arsenal in developing
applications of its Smart NanoBattery to provide power for smart
munitions. The Company recently signed a 3 year CRADA (Cooperative
Research and Development Agreement) with the U.S. Army Armament
Research, Development, and Engineering Center (ARDEC) at Picatinny,
New Jersey.