| SEATTLE--Neah
Power Systems, Inc., (OTCBB: NPWS) an emerging leader developing its patented
micro fuel cell technology for efficient, long-lasting power for portable
electronic devices, is pleased to announce the appointment of Dr. Buzz
Aldrin to its Board of Directors, effective immediately. Dr. Aldrin, a
former U.S. astronaut best known for his moon walk during the Apollo XI
mission in 1969, received his Doctorate in Astronautics from MIT.
Since retiring from NASA, the Air
Force, and his position as Commander of the Test Pilot School at Edwards
Air Force Base, Dr. Aldrin has remained at the forefront of efforts to
ensure a continued leading role for America in manned space exploration.
In 1993 Dr. Aldrin received a U.S. patent for a permanent space station
he designed. More recently he founded Starcraft Boosters, Inc., a rocket
design company, and the ShareSpace Foundation, a nonprofit devoted to opening
the doors to space tourism for all people. Dr. Aldrin earned a Doctorate
in Astronautics from the Massachusetts Institute of Technology in Manned
Space Rendezvous. The techniques he devised were used on all NASA missions,
including the first space docking with the Russian Cosmonauts. Dr. Aldrin
was presented the Presidential Medal of Freedom, the United States highest
honor.
“Dr. Buzz Aldrin brings to Neah Power
his extensive knowledge and expertise in the field of fuel cell technologies
and the critical role they play in furthering technological advancements.
While the world watched Buzz and Neil Armstrong become the first two humans
to walk on the moon; most may not know that fuel cells played a mission-critical
role in the success of Apollo XI. The on-board electricity for the Apollo
command and service modules were supplied by fuel cells,” said Paul Abramowitz,
Neah Power’s President and CEO. “Dr. Aldrin’s passion for technological
advancements and the wide-ranging experience he possesses is anticipated
to support Neah Power’s fuel cell design initiatives, and play an important
role in assisting the Company to develop enduring relationships with government
and industry proponents.”
“We are extremely pleased with his
acceptance to become a member of our Board of Directors and believe his
acceptance reinforces our commitment to excellence, not only in our approach
to fuel cell design but also retaining those individuals best suited to
assist Neah Power going forward. We believe Dr. Aldrin's joining our board
also validates the technological demand for a long-lasting, efficient and
safe power solution for portable electronic devices such as Neah Power’s
porous silicon-based direct methanol fuel cell,” added Mr. Abramowitz.
Dr. Aldrin has continuously publicized
his sincere commitment to technological advancements and achievements.
In his continued support for adapting fuel cell technologies, Dr. Aldrin
and Apple, Inc. co-founder Steve Wozniak are planning to drive a Hummer
H1 powered by hydrogen fuel cells from the McMurdo Station in Ross Island,
Antarctica, to the South Pole. The trip will be part of a research expedition
slated for December of 2007, and is to be filmed in 3D for director James
Cameron.
“Neah Power has a growing patent
portfolio covering its unique design concept for porous silicon based direct
methanol fuel cells,” said Dr. Buzz Aldrin. “I am impressed with the Company’s
design success to date in providing innovative solutions that can be adapted
into today’s portable electronic devices and believe there is significant
opportunity to leverage its technology for additional success in the alternative
power solutions market, in terms of storage containers for fuel as well
as its porous silicon electrode design. I look forward to this opportunity
in working with a company such as Neah Power that is focused on developing
innovative power solutions at a time of greater global demand for alternative
energy.”
About Neah Power Systems
Neah Power Systems, Inc. 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 Systems believes that its products will allow users
to extend the operating time of their devices multiple times beyond that
of conventional batteries. Key investors include Alta Partners, Frazier
Technology Ventures, Castile Ventures, WestAM and Intel Capital. Neah Power
Systems is headquartered just outside of Seattle in Bothell, Washington.
Further company information can be found at our Website www.neahpower.com
and in the reports that we file with the Securities and Exchange Commission,
which are accessible at www.sec.gov.

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