Neah Power News

50,000 Indian Villages to Receive Hybrid Electric Renewable Micro Energy Stations Via Neah Power and EKOVEHICLES India

BOTHELL, Wash., July 31, 2009 - Neah Power Systems (OTCBB:NPWZ - News) www.neahpower.com, the company leading development in fuel cells for the military and portable electronic devices, will develop methanol fuel cell battery chargers to enable the building, by EKOVEHICLES of Bangalore India, www.ekovehicle.com, of Hybrid Electric Renewable Micro Energy Stations (HERMES), bringing renewable, green energy to thousands of villages in India. This innovative technology will use a combination of clean solar and wind power, fuel cells and batteries to replace the very polluting diesel generators that currently provide electricity for the more than 50,000 Indian villages located 200 miles or more off the grid.

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Neah Power Systems Receives $10 Million Funding Commitment From Optimus Energy Capital Partners LLC

BOTHELL, Wash., July 30, 2009 - Neah Power Systems, Inc. ('Neah') (OTCBB:NPWZ - News) www.neahpower.com, the Company developing fuel cells for the military and portable electronic devices, announced today that it has reached agreement with Optimus Energy Capital Partners, LLC ('Optimus'), an investment fund, under which Optimus may purchase up to $10 million of Neah Power's Series B Preferred Stock between today's date and July 27, 2010 at Neah Power's sole discretion.

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General Carol A. Mutter, USMC (Ret) & Colonel James Mutter, USMC (Ret) to Serve On NEAH Strategic Advisory Board

BOTHELL, Wash., July 29, 2009 - NEAH Power Systems, Inc., (OTCBB:NPWZ - News) www.neahpower.com, the Company developing fuel cells for the military and portable electronic devices, announced today that Lieutenant General Carol Mutter and her husband Colonel Jim Mutter have been re-appointed to the Company's Strategic Advisory Board.

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About Neah Power Systems

Neah Power - How It Works

Markets

Military MILITARY
Instead of carrying multiple batteries, soldiers would need to carry only one fuel cell and cartridges for continuous power capability - lessening their load by 70%.
Mobile Life MOBILE LIFE
Users demand a convenient and longer-lasting power source to keep up with their connected lives. Neah delivers continuous untethered power.
First Responders FIRST RESPONDERS
Police, fire, and other first responder personnel often have to operate in environments where power is unavailable for long period of time.
Logistics LOGISTICS
When one fuel cartridge is exhausted, a worker could simply pop it out and insert another one to continue to work without interruption.

Executive Team

Chris D'Couto Dr. Chris D'Couto President
Chief Executive Officer
Stephen Wilson Stephen Wilson Chief Financial Officer
CPA, CMA
Dr. Tsali Cross Dr. Tsali Cross
Vice President
Engineering

Derek Reiman Derek Reiman Director of
Manufacturing