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mPhase to Publically Display the mPower Jump at NJTC Venture Conference on March 22, 2013

LITTLE FALLS, NJ--(Marketwire - Mar 6, 2013) - mPhase Technologies, Inc. ( OTCBB : XDSL ) announced today that it will be attending and exhibiting at the New Jersey Technology Council (NJTC) Venture Conference being held at the Hyatt Regency Hotel in New Brunswick, N.J. on March 22, 2013.

mPhase will publically display, for the first time, the mPower Jump, a new class of jump starters featuring extraordinary portability and fast recharge times that fits in most automobile glove compartments.

The mPower Jump, "Wherever You Go, You're In Charge." A video of the mPower Jump can be viewed at http://youtu.be/gsZYhLURQ-o

The NJTC Venture Conference showcases the region's most promising companies and leading professional service firms.

The 2013 Venture Conference will highlight some of the region's emerging technology sectors, such as clean tech, environmental, life science, nanotechnology and food innovation. The region's leading venture capitalists and members of the investment community will be invited to participate in the Conference.

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.