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Neah Power Announces Fuel Cell Development Executive Promotion

July 09, 2007

BOTHELL, Wash. Neah Power Systems, Inc. (OTCBB:NPWS – News), a leading developer of fuel cells for military applications, notebook computers and portable electronic devices, announced today that David Wine, former Director of Cell and Stack Development, has been promoted to Vice President of Development.

“Dave has been instrumental in the development of the Neah fuel cell and we are pleased to acknowledge his many contributions with this well deserved promotion,” commented Paul Abramowitz, CEO of Neah Power. He went on to say, “As part of our senior development team, Dave will be responsible for engineering and development of fuel cell systems that build upon Neah Power’s unique porous silicon electrode technology and patent portfolio and continuously improving the performance of fuel cell stacks and other subsystems.”

Wine, who joined Neah Power in 2003, has 18 years of microsystem development experience in both mature and early-stage companies. His industry experience includes micromachined accelerometer R&D at Allied Signal, optical MEMS development at Microvision, and DNA microarray technology at Combimatrix. His focus at Neah Power has been microfluidics and fuel cell stack development. Mr. Wine earned his MS in Physics and BS in Mechanical Engineering from the University of Washington.

About Neah Power Systems

Neah Power Systems 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.

Statements in this press release that are not statements of historical or current fact constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties, and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms “believes,” “belief,” “expects”, “intends”, “anticipates”, “will”, or “plans” to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company’’s reports and registration statements filed with the Securities and Exchange Commission.

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