Neah Power Announces Implementation of Wirebonding for Current Collection in Fuel Cells

BOTHELL, Wash.--(BUSINESS WIRE)--Neah Power Systems, Inc. (OTCBB:NPWS), a leading developer of fuel cells for military application and portable electronic devices, announced today that it has implemented wirebond technology for its fuel cell electrical connections. These developments were funded in large part through a Department of Defense contract administered by the Office of Naval Research.

Dr. Art Homa, VP of Technology and Chief Scientist, said, “One of the problem areas in most electrochemical devices such as fuel cells and batteries is the development of a low resistance, robust, cost effective, electrical connection architecture. With our silicon based electrodes, Neah Power has developed a wirebond technique used in standard semiconductor packaging operations that will allow a highly functional connection scheme based on a well known, high volume manufacturing process. This further emphasizes the overall benefits of the silicon electrode structure from both a performance, manufacturability, and cost perspective.”

“This is another important step towards high volume manufacturing. The implementation of the wirebond process is another example of Neah Power leveraging mainstream silicon processing for our silicon – electrode fuel cells. This low cost, proven technology helps us implement a highly reliable electrical connection system for the fuel cell stacks that are generating power,” said Dr. Chris D’Couto, President & CEO of Neah Power.

About Neah Power

Neah Power Systems, Inc. (NPWS) is developing long-lasting, efficient and safe power solutions for portable electronic devices, including notebook PCs, military radios and other power-hungry products. Neah Power uses a unique, patented, silicon-based design for its micro fuel cells that enable higher power densities, lighter-weight, smaller form-factors and a lower cost products. NPWS fuel cells use methanol, a biomass generated, renewable fuel, as its fuel source.

The company’s working micro fuel cell prototype, which was demonstrated on September 28, 2007, runs as a closed-loop system without requiring air as an oxidant. Neah Power will leverage this characteristic unique to its porous silicon technology to pursue these anaerobic applications, thus addressing a market whose needs are currently not being met, while pursuing the broader air breathing fuel cell markets as well.

Further company information can be found at www.neahpower.com.

Forward-Looking Statements

Except for statements of historical fact, the matters discussed in this press release are forward looking and made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect numerous assumptions and involve a variety of risks and uncertainties, many of which are beyond the company's control that may cause actual results to differ materially from stated expectations. These risk factors include, among others, limited operating history, potential research and prototype delays, difficulties in developing and commercializing new technologies, and additional risk factors as discussed in the reports filed by the company with the Securities and Exchange Commission, which are available on its website at http://www.sec.gov.