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Neah
Power Systems Will Compete for Department of Defense Wearable Power
Prize

August 07, 2007

BOTHELL, Wash. Neah Power Systems, Inc. (OTCBB:NPWS – News), a developer of
fuel cells for military applications, notebook computers and portable electronic
devices, intends to enter the Wearable Power Competition sponsored by Department
of Defense (DoD) Research & Engineering.

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Neah
Power Systems Appoints Steven Mayer to Technical Advisory Board

August 02, 2007

BOTHELL, Wash. Neah Power Systems, Inc. (OTCBB:NPWS – News), a leading
developer of fuel cells for military applications, notebook computers and
portable electronic devices, announced the appointment of Steven T. Mayer to its
Technical Advisory Board. Mayer, 46, joins a now four person board comprised of
internationally renowned scientists whose expertise ranging from
electrochemistry to physics.

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Company

Neah Power Systems is a micro fuel cell development company using a patented,
silicon-based design to provide long-lasting, efficient, and safe power
solutions for portable electronic devices, including notebook PCs and other
power-hungry computer, entertainment, and communications products. As an
emerging leader in fuel cell technology and design, Neah Power products are
expected to allow users to extend the operating time of their devices multiple
times beyond that of conventional batteries.

Neah Power was founded in 1999, but CTO/founder Leroy Ohlsen had been
thinking about alternative energy for years. Inspired by a Discovery Channel
science program on fuel cells and their potential, Leroy began to read and
absorb the history and the science of fuel cells. Upon completing his chemistry
degree from the University of Washington, he decided, along with fellow founder
Michael Fabian, to start a company to pursue his dream of a “superior,
longer-lasting energy source.”

Neah Power has grown to include a world-class engineering and scientific team
from around the world. Prototype development continues and the company expects
to make its energy products commercially available in 2006.

Neah Power Systems is a publicly-held company. Original venture investors
include Frazier Technology Ventures, Alta Partners, Intel Capital, Castile
Ventures and WestAM.

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