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Neah Power Granted US Patent for Fuel Cell Cartridge for Closed Liquid Feed Fuel Cell Systems

November 8, 2006

Seattle, WA-Neah Power Systems, Inc., a Nevada corporation (Pink Sheets:NPWS – News) announces that it was issued an additional U.S. patent, U.S. Patent No. 7,105,245 titled “Closed Liquid Feed Fuel Cell Systems and Reactant Supply and Effluent Storage Cartridges Adapted for Use with the Same.”

This patent helps secure Neah Power Systems’ lead in micro fuel cells that use Neah’s proprietary silicon-based design.

The cartridge system of a portable fuel cell is an important component to the overall value of a fuel cell. Unlike batteries, Neah fuel cells are designed to be “recharged” instantly by swapping replaceable fuel cartridges. End-users of mobile products powered by Neah fuel cells will achieve longer runtime by carrying spare fuel cartridges instead of the additional batteries and wall chargers currently used. Neah’s fuel cell cartridges will be smaller, lighter and more convenient than the extra lithium-ion batteries currently used to extend runtime. This is particularly important for military and homeland security applications where recharging batteries is impossible.

Leroy Ohlsen, Chief Technology Officer of Neah Power Systems commented on the patent approval: “We are extremely pleased to have been granted this patent covering cartridges used to supply fuel cells with power. This Patent adds to our existing portfolio of Patents and protecting our unique, porous silicon based fuel cell and could potentially enhance the capability of any liquid oxidant based fuel cell system.”

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.

For More Information

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ir@neahpower.com.

or call:
Lippert Heilshorn & Associates
Moriah Shilton
415-433-3777