Mr. Ergul has been Chairman of the Board at mPhase Technologies, Inc. since October 1996. Mr. Ergul is also the President and Chief Executive Officer of Microphase Corporation, which he founded in 1955. In addition to his management responsibilities at Microphase, he is active in engineering design and related research and development. Mr. Ergul holds a Masters Degree in Electrical Engineering from the Polytechnic Institute of Brooklyn, New York.

Mr. Durando, co-founder of mPhase Technologies, Inc., has been President and Chief Executive Officer of mPhase since the Company's inception in October 1996. In addition, he has been the Chief Operating Officer of Microphase Corporation since 1994. Prior to that, he was President and Chief Executive Officer of Nutley Securities, Inc., a registered broker-dealer. From 1982 to 1987, Mr. Durando worked as a Registered Representative for several securities brokerage firms. From 1973 to 1982, he held various positions at Nova Electric Manufacturing company, including Head of Electromechanical Design.

Mr. Dotoli has been Chief Operating Officer of mPhase Technologies, Inc. since October 1996. In addition, Mr. Dotoli has been the Vice President of Corporate Development of Microphase Corporation since December of 1996. He is formerly the President and Chief Executive Officer of the following corporations: Imperial Electro-Plating, Inc., World Imports USA, Industrial Chemical Supply, Inc., SISCO Beverage, Inc., and Met Pack, Inc. Mr. Dotoli received a B.S. in Industrial Engineering from Fairleigh Dickenson University in 1959.

Mr. Klimek, co-founder of mPhase Technologies, Inc., has been Chief Technology Officer of mPhase since June 1997 and Director Engineering since the Company's inception in October 1996. He has more than 18 years of technical engineering and design expertise and presently holds 13 individual or co-authored U.S. patents. From 1982 to 1990, Mr. Klimek was the R&D manager of Digital Controls, Inc. Mr. Klimek received his B.S. in Electrical Engineering in 1982 from Milwaukee School of Engineering, Milwaukee, WI. In addition, he graduated from the U.S. Navy Basic Electronics School at Great Lakes Naval Training Center in 1972.

Before joining mPhase in February 1999, Ms. Cifelli had 18 years of experience in the telecommunications industry with Bell Atlantic, NYNEX and New England Telephone Company. Most recently, she was Project manager for the "Infospeed" DSL Services Marketing project at Bell Atlantic. Prior to this, she was the Project and Product Manager for marketing InfoFoneŽ Services in the State of New York. Ms. Cifelli holds an MS in Telecommunications and Computing Management from Polytechnic University and a BA from the State University of New York at Buffalo.