SECURITIES AND EXCHANGE
COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): September 22, 2004
| mPHASE TECHNOLOGIES, INC. |
| (Exact Name of Registrant as Specified in Charter) |
| New Jersey | 000-24969 | 22-2287503 | ||
| (State or Other Jurisdiction of | (Commission File Number) | (IRS Employer | ||
| Identification No.) | Incorporation) |
| 587 Connecticut Ave., Norwalk, CT 06854-0566 |
|
(Address of Principal Executive Offices) (ZIP Code) |
Registrant's telephone number,
including area code: (203) 838-2741
| Not Applicable |
| (Former Name or Former Address, if Changed Since Last Report) |
Item 8. Other Events
In order to continue
enhancement of the capabilities of the TV+ product, mPhase has entered into a
new Development Agreement, effective September 20, 2004, with a total cost of
approximately $1.2 million with the Bell labs division of Lucent Technologies
Inc. to develop a video soft switch as a system solution for telecommunications
service providers seeking to deliver broadcast television over DSL. Release 3.0
of the TV+ product to be developed under the new contract is expected to be
available during the third quarter of fiscal year 2005. It will enable telephone
service providers to deliver broadcast television solutions with enhanced reliability,
scalability and a large array of robust features over DSL. Version 3.0 will
utilize IP (internet protocol) for delivery of television instead of ATM
(asynchronous transfer mode) utilized by Versions 1.0 and 2.0 of the TV+
solution.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
| mPHASE TECHNOLOGIES | |
|
By: |
/s/ Martin S. Smiley |
| Martin S. Smiley | |
| Executive Vice President, | |
| Chief Financial Officer and | |
| General Counsel | |
Date: September 22, 2004