BOTHELL, Wash., May 26, 2010 (GLOBE NEWSWIRE) -- Neah Power Systems, Inc., (OTCBB:NPWZ), www.neahpower.com, the Company developing fuel cell based renewable energy solutions, announced today that it has formed an industrial partnership with GEMSEC (Genetically Engineered Materials Science and Engineering Center), located at the University of Washington in Seattle. GEMSEC constitutes an interdisciplinary team of scientists and engineers who work together to marry science and technology of the two fields, biology and materials sciences and engineering, at the fundamental level. The center focuses on research to adapt and develop molecular biology and genetics protocols to engineer peptides and proteins as a utility to synthesize, assemble, and manufacture functional hierarchical structures for use in various renewable energy and nano-technologies and medicine.
"We are pleased to be involved with the innovative nanomaterials research and development sought at GEMSEC. The expertise, facilities, and caliber of research performed here will, we expect, lead to development of new technologies, and significant cost-reduction and research breakthroughs made available to Neah. We look forward to working on new products together," commented Dr. Tsali Cross, Vice President of Engineering at Neah Power. Dr. Mehmet Sarikaya, GEMSEC Director, Professor, Materials Science and Engineering at the University of Washington further noted, "The collaborative research with GEMSEC can lead to biology inspired and bio-enabled renewable energy solutions that build on the differentiated and patent protected technology of Neah Power Systems."
More information regarding GEMSEC can be found at: http://depts.washington.edu/gemsec/index.html
About Neah Power
Neah Power Systems, Inc. (OTCBB:NPWZ) is renewable energy solutions, including direct current air conditioning, and long-lasting, efficient and safe power solutions for the military and for portable electronic devices. Neah uses a unique, patented, silicon-based design for its micro fuel cells that enable higher power densities, lower cost and compact form-factors. The company's micro fuel cell system can run in aerobic and anaerobic modes.
Further company information can be found at www.neahpower.com.
Forward-Looking Statements
Certain of the statements contained herein may be, within the meaning of the federal securities laws, "forward-looking statements," which are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. See Neah Power System's Form 10-KSB for the fiscal year ended September 30, 2009 for a discussion of such risks, uncertainties and other factors. These forward-looking statements are based on management's expectations as of the date hereof, and the company does not undertake any responsibility to update any of these statements in the future.