NEW YORK, June 15, 2007 (PRIME NEWSWIRE) -- As mPhase Technologies (OTCBB:XDSL) is bringing advanced technologies out of the laboratory and into the market, CEO Ron A. Durando will be in New York City next week to explain the technology and the enormous business opportunity it represents to the investment community.
Mr. Durando will be just one of the executives from leading-edge companies on tap at the 12th Wall Street Reporter Magazine Small-Cap Discovery Conference, which will be held on the morning of Wednesday, June 20 at the New York Princeton Club (15 West 43rd Street). More than 200 fund managers, analysts, and investment bankers have already signed up to attend the event, which regularly lives up to its name by shining a spotlight on some of the market's most promising undiscovered small-cap names.
Mr. Durando will address both the mPhase Nanotechnology and MEMS business previously announced to be the consolidated in new subsidiary, Always Ready, Inc. and his plans for its new software based IPTV platform, mPhase TV+ System.
The innovative "TV+ System" that mPhase has developed allows wireline telephone carriers to add IPTV (Internet Protocol Television) and other streaming video products to their existing voice and data platforms in order to generate incremental service and advertising revenue. The system is both robust and flexible, giving partners the ability to expand their service offering to evolve with shifting customer demand.
As Mr. Durando has noted, TV+ is a natural fit for international markets amid forecasts that the global IPTV market will quintuple over the next five years; interest in the product has emerged in Russia and other countries where cable television networks were never built out.
Investment professionals are welcome to attend the conference. A full list of presenters, registration details, and venue information can be found at www.wallstreetreporter.com/sdc.
In addition, companies looking for opportunities to sponsor or present at this or a future Wall Street Reporter conference should contact Jack Marks, Wall Street Reporter Publisher, at (212) 363-2600 ext 260 or jmarks@wallstreetreporter.com
The event will also be Webcast live on www.vcall.com.
Conference Sponsors:
Cornell Capital Partners (www.cornellcapital.com) Knobias (www.knobias.com) vFinance (www.vfinance.com) Marks Value Partners LLC (www.stockpower.ws)
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About mPhase Technologies Inc.
mPhase Technologies Inc. (OTCBB:XDSL) develops and commercializes next-generation media-rich entertainment software and nanotechnology solutions. The mPhase TV+ System is the company's third generation telco TV system, allowing the creation of revenue rich services on a carrier grade software platform. The company's nanotechnology division was awarded the Frost & Sullivan 2006 Energy Storage Award for the Nanobattery, the 2005 Frost & Sullivan Excellence in Technology Award, and the Nano 50 Award from NASA Nanotech Briefs in 2005. The company is bringing nanotechnology out of the laboratory and into the market with a planned innovative long life battery. Additionally, the company is working on prototype ultra-sensitive magnetometers that promise orders of magnitude increases in sensitivity as compared with available un-cooled sensors. For more information visit http://www.mphasetech.com.