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NEAH Power Systemsa? Infinity Fuel Cells Named Popular Science 2010 Best of Whata?s New Winner

^{Published on 2010-11-17 05:35:29 - Market Wire}
 

BOTHELL, Wash.--([ BUSINESS WIRE ])--NEAH Power Systems, Inc., (OTCBB:NPWZ) [ www.neahpower.com ], an industry leader in the development of fuel cells for military, transportation, and portable electronics, announced today that it has won a 2010 aBest of Whata™s Newa award from the highly regarded Popular Science magazine. This award recognizes ground breaking technologies that have been introduced during the course of 2010. For more details of the award, go to: [ www.popsci.com/bown ].

"The Best of Whata™s New Award is the magazinea™s top honor, and the winners a' chosen from among thousands of entrants a' represent the highest level of achievement in their fields."

NEAH Power was recognized for its Infinity eL^TM line of patented, silicon based fuel cell products. NEAHa™S silicon based fuel cells provide approximately twice the power density of extant proton exchange membrane (PEM) technologies. The silicon based technology uses a capital efficient manufacturing model that leverages proven silicon wafer manufacturing to create a cost-effective product. In addition, silicon based fuel cells can operate in aerobic and anaerobic environments. NEAH acknowledges previous grants and awards, the most recent by the Office of Naval Research, a branch of the US Navy, that have enabled the development of this product.

aFor 23 years, Popular Science has honored the innovations that surprise and amaze us a' those that make a positive impact on our world today and challenge our views of whata™s possible in the future,a said Mark Jannot, Editor-in-Chief of Popular Science. aThe Best of Whata™s New Award is the magazinea™s top honor, and the winners a' chosen from among thousands of entrants a' represent the highest level of achievement in their fields.a

aWe are honored and humbled to receive this award from such a distinguished publication as Popular Science. This is further validation that our differentiated, proprietary technology, our capital efficient manufacturing model, and our cost effective products can meet and exceed the needs of our customers,a said Dr. Chris D'Couto, President and CEO of NEAH Power Systems. aWe are grateful and appreciative of this award and look forward to meeting the strategic needs of customers in the defense, industrial and consumer markets.a

About Popular Science

Founded in 1872, Popular Science is the worlda™s largest science and technology magazine, with a circulation of 1.3 million and 7.1 million monthly readers. Each month, Popular Science delivers aThe Future Now,a reporting on the intersection of science and everyday life with an eye toward whata™s new and why it matters. Popular Science is published by the Bonnier Corporation.

About NEAH Power

NEAH Power Systems, Inc. (NPWZ.OB) is developing long-lasting, efficient and safe power solutions for the military, transportation, and for portable electronics. NEAH uses a unique, patented, silicon-based design for its micro fuel cells that enable higher power densities, lower cost and compact form-factors. The companya™s micro fuel cell system can run in aerobic and anaerobic modes. NEAH believes that the technology can also be used for energy storage and generation.

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

Forward-Looking Statements

Certain of the statements contained herein may be, within the meaning of the federal securities laws, "forward-looking statements," which are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. See NEAH Power Systema™s Form 10-KSB for the fiscal year ended September 30, 2009 for a discussion of such risks, uncertainties and other factors. These forward-looking statements are based on management's expectations as of the date hereof, and the company does not undertake any responsibility to update any of these statements in the future