LITTLE FALLS, N.J. -- mPhase Technologies (OTCBB: XDSL - News) today announced the appointment of Elena Waldhuber as Business Development Director, responsible for growing mPhase's TV+ internet-based (IPTV) software business in Central, Eastern Europe, Russia and the Commonwealth of Independent States (CIS). mPhase's decision to expand business development in the region follows several pilot IPTV projects with customers in the region. With extensive channel development and sales support experience in the region, Waldhuber's prime responsibility will be to identify and develop new business opportunities in focus markets. She is also taking on responsibility for developing channel partner relationships in such growth markets as Ukraine, the Baltic States and the Caspian region.

"Central, Eastern Europe, Russia and the CIS region represent some of the most diverse and rapidly growing telecom markets, and the penetration of IPTV deployments is surpassing all predictions," commented Ronald Durando, mPhase chief executive officer. "Elena's seasoned international business expertise, linguistic skills, and deep understanding of each service provider's unique needs, will aggressively drive mPhase's growth and market expansion."

Waldhuber brings to mPhase Technologies more than 17 years of telecommunications experience in marketing, B-2-B sales, supply chain and communications. Most recently she was responsible for global test and measurement supplier relationships at Lucent Technologies. Previously, she managed customer and corporate communications from Lucent's Europe, Middle East and Africa headquarters in Brussels. Prior to entering the telecommunications industry she was certified for computer software engineering in Russia. She also held sales positions for companies in her native Russia, focusing on Central Asian markets. Waldhuber holds a BA from Moscow State Linguistic University and is fluent in several languages.

mPhase Technologies (OTC: XDSL)