BOTHELL, Wash., Oct. 13, 2009 (GLOBE NEWSWIRE) — Neah Power Systems, Inc.
(OTCBB:NPWZ) www.neahpower.com, the Company developing fuel cell-based renewable
energy solutions, stated today that it has completed the development of a
silicon-based direct methanol fuel cell (DMFC) for the Office of Naval Research
(ONR). Neah has provided ONR deliverables of a system that could serve as a
building block for low power (1-200W) military, industrial, and consumer
applications. The fuel cell operates using a liquid methanol fuel source and a
liquid oxidant, which uniquely allows the fuel cell to operate in an environment
with low quality or no air.
“The two awards from the ONR have helped Neah develop, scale-up and implement a
manufacturing chain for this differentiated product, and has helped us
transition from concept to product readiness. We are thankful to the ONR for its
support to Neah Power Systems, enabling us to provide our solution to potential
military, industrial and consumer markets,” said Dr. Chris D’Couto, President
and CEO.
Potential applications that require portable power in low-quality or non
air-breathing environments include surface water and underwater vehicles,
unmanned aerial vehicles, remote sensing applications such as cell phone towers
and deep sea or surface monitoring stations, etc. Other mainstream applications
that can be served by air breathing or non-air breathing fuel cells include
industrial applications and a wide variety of consumer markets.
About Neah Power
Neah Power Systems, Inc. (NPWZ) is developing long-lasting, efficient and safe
power solutions for the military, industrial and consumer 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.
