John Drewery Joins Neah Power Technology Advisory Board

October 12, 2007

SEATTLE—(BUSINESS WIRE)—Neah Power Systems, Inc. (OTCBB: NPWS – News),announced Dr. John Drewery has joined the company’s Technology Advisory Board, increasing its membership to five.

Drewery had been serving as Neah Power’s EVP of Engineering since June, 2005 under a collaboration agreement with Novellus Systems, Drewery’s employer to which he will be returning. Now he will reduce his operational role at the company to part-time consulting.

Dan Rosen, Neah Power’s Executive Chairman, stated, “John’s passion for making concepts work, coupled with his technical knowledge and skills, helped guide Neah Power to complete the prototype by our commitment date; for this we are all extremely grateful. Now that John has guided the successful completion of the prototype, per our agreement, he will be returning to Novellus Systems. Dr. Chris D’Couto, who recently joined Neah as chief operating officer, will pick up many of John’s management duties. John is a talented engineering manager, and we are excited he has agreed to join our Technology Advisory Board. We look forward to his continued contributions.”

Drewery is currently a Director of Advanced Technology at Novellus Systems, where he is in charge of advanced dielectrics processing development. Before joining Novellus Systems, he invented and developed ground-breaking metal deposition technologies at Tokyo Electron, Ltd. and at Varian Associates. From 1989 to 1995, Drewery was a Staff Scientist at Lawrence Berkeley National Laboratory. Drewery received his Ph.D. in solid state physics from the University of Cambridge (Cavendish Physics Laboratory) in 1986.

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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