ANST - MphasePressRelease
nasdaqtips at postmaster.co.uk
nasdaqtips at postmaster.co.uk
Tue Apr 20 17:27:06 PDT 1999
Press Release From Value Finder
http://www.internetstocknews.com/mphase/xdsl12198.doc Kaufman Brothers, L.P.
currently has a Buy(short-term)/Buy(long-term) rating on mPhase with a 12 to 18 month
price target of $16.00
Press Release
mPhase Technologies Announces Traverser 4 Channel Breakthrough NORWALK,
Conn., March 17 /PRNewswire/ -- mPhase Technologies Inc. (OTC Bulletin Board:
XDSL) announced today that its Traverser(TM) Digital Video and Data Delivery System
(DVDDS), utilizing new DSL technology, now delivers 4 channels of MPEG2 encoded
digital video simultaneously with 1 Mbps Internet access and voice service directly over
an existing telephone wire. Consisting of proprietary equipment located at the central
office and customer premises, the Traverser DVDDS enables RBOCs, ILECs, and
CLECs to deliver entertainment-quality, full-motion, and full-screen broadcast video and
data services to both residential and business customers using the same platform.
Ronald A. Durando, President and CEO of mPhase Technologies Inc. stated, ``This is a
significant step in the implementation of our unique DVDDS technology. In the near
future, 80 channels of digital video will be available to customers. They will be able to
watch television while they simultaneously surf the Internet and talk on the telephone or
receive a fax, all using their existing telephone line.'' ``The full potential of this decisive
advance in telephony is yet to be fully realized,'' added Durando.
Previously, mPhase reported that it had successfully transmitted its digital video signals
from a content provider over a synchronous optical network ring (SONET) to a
telephone company's central office. And, earlier this year, mPhase simultaneously
transmitted a broadcast quality MPEG2 full motion television picture with sound and
standard telephony service over a single twisted-pair line up to 9,000 feet in length.
The 4 Channel system is running at Hart Telephone Company in Hartwell, Georgia, an
independent Telco leading the nation in the technological advances in
telecommunications and innovative approaches to traditional telecom delivery
challenges.
A Multi-User & Multi-Channel Traverser Digital Video and Data Delivery System will
be unveiled at SuperComm 99, Booth 6211 (June 6-10, Georgia World Congress Center
in Atlanta, Georgia).
About mPhase Technologies Inc.
mPhase Technologies Inc. is a leader in the emerging market for high-speed Internet
access and digital television delivery and provides data transmission at speeds more
than 250 times faster than an existing 28.8K Internet connection allowing high-speed
Internet access, digital television delivery, and telephone communications to be
conducted over an existing telephone line. Competitors to mPhase Technologies
include Tut Systems, PairGain, At Home, Time Warner's Road Runner, and Online
System Services.
mPhase Technologies, Inc. has been featured in Internet Stock News
http://www.internetstocknews.com/mphase/mphase.html
http://www.internetstocknews.com/mphase/mphase.html, one of the web's leading
free publications for Internet Stock investors.
For more information try these links.
http://www.internetstocknews.com/mphase/xdsl73198.doc
Kaufman Bros., L.P.Report - 1
http://www.internetstocknews.com/mphase/xdsl12198.doc
Kaufman Bros., L.P. Report - 2
http://www.mphasetech.com/
mPhase Technologies, Inc.
Disclaimer:
This publication contains forward-looking statements within the meaning of Section 27A
of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
The Company's actual results could differ materially from those set forth in the
forward-looking statements, and may not be construed as investment advice. This is
not a solicitation to buy or sell securities and this does not purport to be complete
analysis of the company mentioned. Investing in securities is speculative and carries a
high degree of risk. Past performance does not guarantee future results. Readers
should consult with their own independent tax, business and financial advisers with
respect to any investment, including any contemplated investment in the advertised
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Investigated. Investigate and fully understand all risks before investing. This adversarial
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and other risks detailed in the company’s SEC filings. Actual results may
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