BOTHELL, Wash., Feb. 12, 2010 - Neah Power Systems, Inc., ('Neah') (OTCBB:NPWZ - News) www.neahpower.com, the company developing fuel cell based renewable energy solutions, reported that it has signed documents with CyVolt Energy Systems ('CyVolt') to acquire all of its technology and assets. The cost of the acquisition would be covered by the company's recently announced financing that management plans to use to acquire businesses that are expected to provide positive cash flows in the near term.

BOTHELL, Wash., Feb. 9, 2010 -- Neah Power Systems, Inc., (OTCBB:NPWZ - News), www.neahpower.com, reported today that Neal Kaufman will assist management in the transition to revenue generation. Kaufman has extensive experience in leading roles in General Electric's Internet subsidiary, and with 3Com Corporation. With this engagement, Neal Kaufman has joined the advisory committee of NPWZ. Mr. Kaufman has significant experience working with large and small high-tech companies, leveraging advanced technologies to bring products to the market. He will work with Neah Power to accelerate the transition from research & development to commercializing products based on the company's award-winning technology.

BOTHELL, Wash., Feb. 8, 2010 -- Neah Power Systems, Inc., (OTCBB:NPWZ - News), www.neahpower.com, the Company developing fuel cell-based renewable energy solutions, announced that a Frost and Sullivan report titled "Fuel cells and remote area power supplies – Industry progress report" is now available on its website.