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February 4, 2008 BOTHELL, Wash.-Neah Power Systems, Inc. (OTCBB:NPWS),a leading developer of fuel cells for military applications and portable electronic devices, announced today that it has named Mr. Joseph R. Bronson to its Strategic Advisory Board, which is responsible for advising Neah Power's management. Mr. Bronson is President and Chief Operating Officer of Sanmina-SCI Corporation (NASDAQ: SANM - News), a leading electronics contract manufacturer serving the fastest-growing segments of the global electronics manufacturing services (EMS) market. Prior to Sanmina, Mr. Bronson served as President and Director of FormFactor, Inc. (NASDAQ: FORM - News), a manufacturer of high performance advanced semiconductor wafer probe cards. Mr. Bronson also spent 20 years at Applied Materials (NASDAQ: AMAT - News) in senior level operations management positions concluding with Executive Vice President and Chief Financial Officer of the company. "We are fortunate and honored to have Mr. Bronson join our strategic advisory board," said Dr. Chris D'Couto, President & CEO of Neah Power. "We will benefit from his expertise and years of manufacturing, finance, and operational experience in the silicon industry and electronics contract manufacturing industry. His advice will further enable Neah Power's transition from a development company to a product company. With Mr. Bronson's experience added, we look forward to bringing our unique and disruptive silicon electrode technology to market quickly with a very cost-effective?outsourced manufacturing model." Mr. Bronson said, "I am excited to join the Neah Power Strategic Advisory Board which has other luminaries - former astronaut Buzz Aldrin and renowned futurist Peter Schwartz. The portable power fuel cell market is an exciting emerging technology area, and Neah's porous silicon has some unique capabilities like anaerobic and aerobic application. I am looking forward to advising Neah Power in this transition from prototype to product." About Neah Power Systems Neah Power Systems, Inc. is a leading developer of fuel cells for military applications, notebook computers and portable electronic devices. The company's patented, porous silicon-based design will provide long-lasting, efficient and safe power solutions. As an emerging leader in fuel cell technology, Neah Power's products will allow users to extend the operating time of 10 to 100 watt devices multiple times beyond that of conventional batteries. Further company information can be found at our website: www.neahpower.com. Forward Looking Statements Except for statements of historical fact, the matters discussed in this press release are forward looking and made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect numerous assumptions and involve a variety of risks and uncertainties, many of which are beyond the company's control that may cause actual results to differ materially from stated expectations. These risk factors include, among others, limited operating history, research and prototype delays, difficulties in developing and commercializing new technologies, and additional risk factors as discussed in the reports filed by the company with the Securities and Exchange Commission, which are available on its website at: http://www.sec.gov. |
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