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Neah Power Becomes Member of General Dynamics EDGE Innovation Network

October 26, 2007

BOTHELL, Wash.--(BUSINESS WIRE)--Neah Power Systems, Inc. (OTCBB:NPWS) has become a technology member of the EDGE Innovation Network. Sponsored by General Dynamics C4 Systems, the EDGE comprises world-class, collaborative innovation and technology contributors for systems dedicated to accelerating and integrating technology for warfighters.

Chris D'Couto, Neah Power's chief operating officer, stated, "At the end of September, we unveiled our working fuel cell prototype, whose closed loop, porous silicon design is uniquely suited to provide high power density solutions for a variety of applications and working environments. This delivers an advantageous solution in a very compact form."

"Membership in the EDGE Innovation Network is a further proof point of our technology's potential, especially in the $1 billion military applications market we are pursuing following the successful completion of our initial prototype last month," continued D'Couto. "In addition, it expands Neah Power's exposure to key industry and customer contacts and our ability to enable solutions in an accelerated fashion for defense and national security needs."

Richard Coupland, EDGE Innovation Network director for General Dynamics C4 Systems said, "By aligning the innovations of EDGE members such as Neah Power Systems with requests and feedback from warfighters and warfighting programs, we can more quickly deliver relevant and responsive capabilities addressing size, weight and power requirements."

Opened in December 2006, and with members representing customers, industry and academia, the EDGE Innovation Network was designed to reduce the development cycle time and cost for new warfighter technologies and capabilities. The EDGE enables an environment of collaboration between customers, industry and academic members with access to laboratory and test facilities. In just 10 months, more than 20 innovations have been successfully demonstrated to U.S. military and government customers. More information can be found online at: www.EDGEWarrior.com.

General Dynamics C4 Systems, a business unit of General Dynamics (NYSE:GD - News), is a leading integrator of secure communication and information systems and technology.

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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