LITTLE FALLS, NJ - September 30, 2010 ( Newswire) - mPhase Technologies, Inc. (OTCBB:XDSL), a leader in the development of Smart Surfaces and advanced battery technologies today announced that its Smart NanoBattery is showcased in the September 2010 issue of Medical Products Manufacturing News.


 The magazine's September issue includes a high-resolution image of mPhase's porous silicon membrane, which is a core technology of the Smart NanoBattery's ability to precisely control the flow of liquids to create a new battery design having a shelf life of over 20 years. The article describes how the Smart NanoBattery capitalizes on MEMS technology and microfluidics to enable the machining of the silicon-based materials, while microfluidics controls the flow of liquid electrolyte through the battery's porous membrane and also enables filtration and separation of the liquid.

Read more: Nanotechnology Stocks; mPhase (OTCBB:XDSL) Smart NanoBattery Featured in September 2010 Issue of...

RAE Systems Signs Definitive Agreement to Be Acquired by Battery Ventures for $1.60 per Share

RAE Systems Inc. (AMEX:RAE), a leader in delivering innovative sensor solutions to serve industrial, energy, environmental, and government safety markets worldwide, signed a definitive agreement to be acquired for $1.60 per share in cash by an affiliate of Battery Ventures, a multi-stage investment firm focused on technology and innovation worldwide. The purchase price represents a premium of approximately 53.8% over RAE Systems' closing share price on September 17, 2010, and a premium of approximately 85.1% over RAE Systems' average closing share price for the 30 trading days ending on September 17, 2010.

This transaction is subject to customary closing conditions, including the approval of RAE Systems' stockholders. There is no financing condition to the transaction.

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ITT To Enhance Its Global Analytical Instrumentation Business with Acquisition of O.I. Corporation

ITT Corporation (NYSE: ITT) and O.I. Corporation (NASDAQ: OICO) today announced that they have entered into a definitive agreement for ITT to acquire all outstanding shares of O.I. Corporation, “OI”, for approximately $29 million.

OI’s Board of Directors has unanimously approved the transaction, which is subject to approval from OI’s shareholders and other closing conditions, and is expected to close in late 2010.

Enhancing ITT Analytics
OI is a leading provider of innovative instrumentation for laboratory and environmental testing in the pharmaceutical, petrochemical, power and industrial markets. The company’s portfolio will enhance ITT’s Analytics business, which was formed earlier this year with ITT’s acquisition of Nova Analytics.

Read more: OI Corporation ( OICO )

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