NEAH RECEIVES AN ADDITIONAL US PATENT FOR NON AIR-BREATHING FUEL CELLS
Bothell, WA., October 11, 2011– NEAH Power Systems, Inc., (OTCBB: NPWZ) announced it has been issued another patent from the U. S. Patent and Trademark Office. The patent, titled “Liquid-liquid fuel cell systems having flow-through anodes and flow-by cathodes” (USPTO #7,968,248), further solidifies Neah’s presence and leadership in alternative energy.
With this patent issuance, Neah has a total of twelve issued patents in the U.S. This patent relates to the unique anaerobic (non air-breathing) capability of the Neah fuel cell. This patent further covers Neah’s proprietary architecture whereby a liquid fuel and a liquid oxidant run the fuel cell independent of the environment of operation.
Neah Power CEO, Dr. Chris D’Couto stated “This additional patent further solidifies our IP portfolio and demonstrates the underlying validity of our proprietary technology. We believe that our novel fuel cell technology enables us to offer differentiated and competitive products for a variety of possible applications that were previously considered unsuitable for fuel cells. We believe this is why companies like The Boeing Company, the large US defense supplier we previously announced, and other parties are showing interest in our products.”
More information about this patent, as well as our patent portfolio, can be downloaded directly from the USPTO website, located at http://patft.uspto.gov/
About Neah Power
Neah Power Systems, Inc. is developing long-lasting, efficient and safe power solutions for the military, transportation, and for portable electronics applications. We use a unique, patented, award winning, silicon-based design for our PowerchipTM micro fuel cells that enable higher power densities, lower cost and compact form-factors, and that can run in aerobic and anaerobic modes.
Neah Power is headquartered in Bothell, Washington, and its common stock trades on the OTC Bulletin Board under the symbol "NPWZ." 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," including as to the effectiveness and cost savings from any system that we may develop, and viability and market acceptance of our products and technology. These 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. These risks include, but are not limited to whether discussions with prospective customers will lead to a definitive licensing or sales agreement for our products, our ability to successfully develop systems to meet a customer’s specifications, market acceptance of our products, competitive factors, changes in the regulatory environment, and other risks and uncertainties set forth in our periodic filings with the U.S. Securities and Exchange Commission (including our Form 10-K for the fiscal year ended September 30, 2010). These forward-looking statements are based on management's expectations as of the date hereof, and we do not undertake any responsibility to update any of these statements in the future.
Company Contact:
Stephen Wilson, Chief Financial Officer
Neah Power Systems, Inc.
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