BOTHELL, Wash., Nov. 18, 2009 (GLOBE NEWSWIRE) -- Neah Power Systems, Inc., (OTCBB:NPWZ), www.Neahpower.com, the Company developing fuel cell-based renewable energy, revealed a new white paper titled "Remote Area Power Systems for off-the-grid power," which specifically details its patented solution and the market for renewable energy, off-the-grid systems, as well as Neah's plans to integrate its fuel cell into these systems.
"A critical need in developing countries such as Africa, China, India, and other areas is electricity, where better than one-and-half billion people live without it," said Dr. Tsali Cross, Neah Vice President of Engineering. "Remote Area Power Supplies (RAPS) enable off-the-grid power. We have letters of intent from EKO vehicles, of India, for these systems, and significant interest from other customers, principally in Asia, who operate off-the-grid, have poor grid infrastructure, or both."
Chris D'Couto, Neah CEO, pointed out that economic development in vast areas of the world is being held back by lack of reliable, low-cost electricity. "RAPS provides solutions that are off the grid, are renewable energy-based, and leverage our subsidiary Solcool's energy management systems for generation and storage. These can be deployed relatively quickly and can bring a better life for many millions of people. That is what chiefly motivates us."
A copy of this white paper can be downloaded at the company's Web site: www.Neahpower.com.
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, and is developing energy storage solutions based on its proprietary porous silicon technology.
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.