mPhase Technologies Recognized by Frost & Sullivan for Growth, Innovation & Leadership

EAST RUTHERFORD, New Jersey, September 20, 2013 /PRNewswire/ --

Frost & Sullivan honored mPhase Technologies, Inc. (OTCQB: XDSL) and other recipients at its 2013 Growth, Innovation & Leadership Awards at a dinner gala held Wednesday, September 11, in San Jose, Calif., at The Fairmont San Jose.

The Growth, Innovation & Leadership Awards are presented each year to companies that are predicted to encourage significant growth in their industries, have identified emerging trends before they became the standard in the marketplace, and have created advanced technologies that will catalyze and transform industries in the near future.

Other companies awarded included:

ActiveHealth Management
Agilent Technologies, Inc. 
AIMS Innovation         
Anritsu Corporation    
Berg    
BIO-key International  BioScale
Cegedim, Inc. 
Crescendo Bioscience            
DAON  
DebMed          
Equinix
GNF Technologies, LLC          
Heller Industries, Inc.  
Hermon Laboratories Ltd.       
Hewlett-Packard Company    
Huawei           
Invensas         
Legrand          
Living PlanIT SA         
MatriX Technologies GmbH    
Merge Healthcare       
MorphoTrust USA       
Mytrus 
Netspective Communications, LLC.   
Parature, Inc.  
Plantronics     
Qualcomm Technologies, Inc.
RACO Wireless
Snap-on, Incorporated
Sorrento Therapeutics, Inc.    
Sutherland Global Services    
Ventura Foods
Zetec   
Zoltek Companies, Inc.

Frost & Sullivan's Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research in order to identify best practices.

For further information about the Awards Banquet, please contact a member of the Best Practices Team.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

• The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
• The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

About mPhase Technologies, Inc.

mPhase Technologies is introducing a revolutionary Smart Surface technology enabled by breakthroughs in nanotechnology, MEMS processing and microfluidics. Our Smart Surface technology has potential applications within drug delivery systems, lab-on-a-chip analytic systems, self-cleaning systems, liquid and chemical sensor systems, and filtration systems. mPhase has pioneered its first Smart Surface enabled product, the mPhase Smart NanoBattery. In addition to the Smart Surface technology, mPhase recently introduced its first product, the mPower Emergency Illuminator, an award-winning product designed by Porsche Design Studio and sold via the mPower website: http://www.mpowertech.com. More information about the company can be found at http://www.mPhaseTech.com.

Forward-Looking Statements

As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; acceptance of the Company's products in the market; the Company's success in technology and product development; the Company's ability to execute its business model and strategic plans; and all the risks and related information described from time to time in the Company's SEC filings, including the financial statements and related information contained in the Company's SEC Filing. mPhase assumes no obligation to update the information in this release.

Contact:
mPhase Technologies, Inc.
+1-973-256-3737

Contact:
Mireya Espinoza
P: +1-210-247-3870
F: +1-210-348-1003
E: mireya.espinoza@frost.com

SOURCE mPhase Technologies, Inc.