mPhase Technologies, Inc. announced the appointment of James Engler, Jr. to its Board of Directors. Mr. Engler will serve as a non-executive director of the Company. James is currently Vice President and Chief Financial Officer of Rosemore Inc. In addition to three years of experience in energy and investment management at Rosemore, he previously was a senior manager at PricewaterhouseCoopers LLP (PwC) for 15 years.

On January 20, 2022, the Company's Board ratified and approved the establishment of the Audit Committee, Compensation Committee, and Nominating and Governance Committee as committees of the Board, the adoption of the charters for such committees and the appointment of the Company's directors to such committees. The Board appointed Chester White, Thomas Fore, and James Engler to serve on the Audit Committee of the Board of Directors of the Company, with Mr. Engler serving as the Chair of the Audit Committee. The Board appointed Thomas Fore, James Engler and Suhas Subramanyam to serve on the Compensation Committee of the Board of Directors of the Company, with Mr. Fore serving as the Chair of the Compensation Committee.

The Board appointed Suhas Subramanyam, James Engler and Thomas Fore to serve on the Nominating and Corporate Governance Committee of the Board of Directors of the Company, with Mr. Subramanyam serving as the Chair of the Nominating and Corporate Governance Committee.