DALLAS, July 21, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring power solutions provider NEAH Power Systems Inc. (OTCBB:NPWS). The report includes financial and comparative analyses, as well as pertinent industry information you need to know to make an educated investment decision.
The investment report on NEAH Power Systems Inc. (OTCBB:NPWS) should be of particular interest to other power solutions providers: Valence Technology Inc. (Nasdaq:VLNC), Arotech Corp. (Nasdaq:ARTX), Ener1 Inc. (Nasdaq:HEV) and C&D Technologies Inc. (NYSE:CHP).
It is available at: http://beaconequityresearch.com/i/NPWS/
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NEAH Power Systems Inc. (NPWS) is engaged in the development and sale of renewable energy solutions. The Company's fuel cells are designed to replace existing rechargeable battery technology in mobile electronic devices.
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In the report, the analyst notes:
"The Company focuses on the development of silicon-based fuel cells for military application and portable electronic devices. Through its wholly owned subsidiary, NEAH Power Washington, NPWS has developed a direct methanol micro fuel cell that can serve as a replacement for batteries in a range of mobile products.
"On July 1, 2009, the Company entered into a Memorandum of Understanding with EKO Vehicles of Bangalore, India, India's No. 1 producer of two-wheeled electric vehicles, to explore joint development of an on-board methanol fuel cell battery charger for their line of battery-powered electric scooters based on NPWS' anaerobic direct methanol fuel cell prototype."
To read the entire report visit: http://beaconequityresearch.com/i/ NPWS/
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