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Neah Power Systems Appoints Steven Mayer to Technical Advisory Board

August 2, 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 the appointment of Steven T. Mayer to its Technical Advisory Board. Mayer, 46, joins a now four person board comprised of internationally renowned scientists whose expertise ranging from electrochemistry to physics.

Mayer currently serves as Principal Engineer and Director of New Product Development at Novellus Systems, Inc. and holds over 50 issued US patents. He joined Novellus in 1998 and was a critical member of the SabreTM IC copper damascene electrodeposition tools development team. In 1995, he formed the supercapacitor manufacturing company PowerStor Corporation, now a division of Cooper/Bussmann. Prior to PowerStor, he founded the lithium-ion battery manufacturing company PolyStor Corporation, serving as the company’s Chief Technical Officer. From the late 1980s to 1993, Mayer served at Lawrence Livermore National Laboratories as a staff scientist. Mayer received a bachelor’s degree summa cum laude in chemical engineering from the State University of New York, Buffalo and has a Ph.D. in chemical engineering from UC Berkeley.

“We are proud to bring on board a member of such caliber and reputation,” stated Paul Abramowitz, CEO of Neah Power Systems. “Steven’s experience, particularly the areas of integrated circuits manufacturing and power storage technologies, will be of great value as we progress toward delivering our fuel cell prototype in this year’s third quarter. Also his expertise in electrochemistry will be very useful as Neah moves towards completion of its military prototype and as we extend our technology to the consumer markets.”

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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