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Rockville, MD, May 25, 2022 (GLOBE NEWSWIRE) — mPhase Technologies, Inc. (OTC Pink: XDSL) (“mPhase” or the “Company”), a next-generation company to the mPower EV (electric vehicle) charging network and customer interaction platform, today announced the final touch of variety for the first 11 mPower EV charging points in the state of Virginia. These initial locations will be in Toano, Quinton, Petersburg, Chesterfield, Sandston and Powhaton. Each will have an average of 4 Level 2 chargers under the mPower brand.
These initial sites were decided based on their proximity to high-traffic roads, their partnership with major regional and national brands, and on-site amenities such as restaurants, car washes, and convenience retail stores that can gain advantages from the mPower customer. engagement platform. The sites feature 3 major brands of fuel stations, with 4 BP locations, 4 Shell locations and 3 Sunoco locations. Notable food and convenience brands on those mPower sites include McDonald’s, Pizza Hut, Wendy’s, Subway, Huddle House, and 7-11.
“With 1440 sites to choose from in Virginia, we began our installation cycle with high-quality locations that also had leading brands of quick service restaurants (QSRs) or convenience stores on-site,” explained mPhase’s lead executive director, Anshu Bhatnagar. “This is a component of an overall strategy to create instances of use in the franchises of major national and regional chains to increase our visibility at headquarters. As we deploy our network, we will bring EV drivers to the door of McDonald’s, Subway and other prime locations that can take advantage of our first commitment to the customer and ev charging ecosystem. The effectiveness of our platform will open many doors as we reflect this plan in many parts of the country. »
Site evaluation is expected to begin within a week and then installation. Overall, the company estimates that the existing pipeline can help more than 430 electric vehicle charging sites in Virginia in the initial phase of mPower deployment.
About mPhase Technologies
mPhase is an electric vehicle-focused generation start-up focusing on customer engagement data analytics and synthetic intelligence to create a monetizable connection between customers and stores at convenient times and places. Array The company is recently building a connected ecosystem of electric vehicle charging, 5G web connectivity, and software responses that optimize customer engagement under a SaaS/TaaS model. Branded mPower, this ecosystem will empower the way others shop, dine, fuel and interact with the world to create a richer life experience. The mPower ecosystem is tailored to the tastes and desires of each individual, with a specific focus on empowering the green customer of tomorrow. mPhase also has knowledge-driven business sets that generate recurring revenue out of the gates of its customer ecosystem, in addition to legacy nano-battery generation and a similar patent portfolio that is slated for long-term development. Additional data can be obtained from the mPhase website, www. mphasetech. com; and at www. mpower. co. Follow us on Twitter: @mPhase_Tech for the latest updates.
Investor Contact: ir@mphasetech. com