Neah CEO to Present at SEMI Silicon Valley Lunch Forum on April 21, 2010


BOTHELL, Wash., April 20, 2010 (GLOBE NEWSWIRE) -- Neah Power Systems, Inc., (OTCBB:NPWZ), www.neahpower.com, the Company developing fuel cell-based renewable energy solutions, revealed today that the Company's President and CEO, Dr. Chris D'Couto, will be presenting at SEMI Silicon Valley Lunch Forum titled, "Energy innovations: from LEDs and Batteries to Solar Beyond PV", on Apr 21, 2010 in Santa Clara, CA. Other speakers besides Dr. D'Couto include Vrinda Bhandarkar of Strategies Unlimited, and Naveen Bewtra of SiVal Advisors, LLC.

Dr. D'Couto said, "I appreciate the opportunity to present at such an event and I am looking forward to showcasing Neah Power technology and our unique cost-effective manufacturing capability."

The conference will be held April 21, 2010 in Santa Clara, CA.

About Neah Power

Neah Power Systems, Inc. (NPWZ) is developing long-lasting, efficient and safe power solutions for the military and for portable electronic devices. Neah uses a unique, patented, silicon-based design for its micro fuel cells that enable higher power densities, lower cost and compact form-factors. The company's micro fuel cell system can run in aerobic and anaerobic modes, and is developing energy storage solutions based on its proprietary porous silicon technology.

Further company information can be found at www.neahpower.com.

About SEMI

SEMI is the global industry association serving the manufacturing supply chains for the microelectronic, display and photovoltaic industries. SEMI member companies are the engine of the future, enabling smarter, faster and more economical products that improve our lives. Since 1970, SEMI has been committed to helping members grow more profitably, create new markets and meet common industry challenges. SEMI maintains offices in Austin, Beijing, Bengaluru, Berlin, Brussels, Grenoble, Hsinchu, Moscow, San Jose, Seoul, Shanghai, Singapore, Tokyo, and Washington, D.C.  For more information, visit www.semi.org.

Forward-Looking Statements

Certain of the statements contained herein may be, within the meaning of the federal securities laws, "forward-looking statements," which are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. See Neah Power System's Form 10-KSB for the fiscal year ended September 30, 2009 for a discussion of such risks, uncertainties and other factors. These forward-looking statements are based on management's expectations as of the date hereof, and the company does not undertake any responsibility to update any of these statements in the future.


            

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