BOTHELL, Wash., Aug. 5, 2009 (GLOBE NEWSWIRE) -- Neah Power Systems, Inc. (OTCBB:NPWZ) www.neahpower.com, the company developing fuel cells for the military and portable electronic devices, announced today that it has issued a new white paper titled "A Differentiated Fuel Cell Technology and Unique Manufacturing Model" which looks at the architecture and the high volume capable manufacturing model for the Neah fuel cells. This whitepaper can be downloaded at www.neahpower.com
"Neah's manufacturing process takes advantage of well-established silicon and electronic packaging methods. This provides Neah the ability to rapidly scale-up production from prototyping to high volume manufacture without significant impediments," said Dr. Tsali Cross, Neah's VP of Engineering. Dr. Chris D'Couto, Neah CEO, commented, "We are partnering in the U.S., India, and elsewhere with alternative energy companies and exploring contracts with prospective vendors as we begin to deploy our unique fuel cell technology around the world. We expect we could be producing revenue by the last quarter of 2009."
About Neah Power
Neah Power Systems, Inc. (NPWZ) is developing 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. Neah believes this IP-protected technology can also be used for energy storage and load leveling applications.
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, 2008 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.