BOTHELL, Wash., Sept. 10, 2009 (GLOBE NEWSWIRE) -- Neah Power Systems, Inc., ('Neah') (OTCBB:NPWZ) www.neahpower.com, the Company developing fuel cell based renewable energy solutions, announced today that Dr. Reza Abhari has been re-appointed to the Company's Strategic Advisory Board.
Dr. Abhari is professor of Energy Technologies at the Swiss Federal Institute of Technology, Zurich (ETH), where his focus is research and development of advanced energy conversion systems and breakthrough technologies.
"Dr. Abhari's extensive technical expertise, his entrepreneurial and advisory services, and his understanding of the renewable energy marketplace will complement our strong strategic advisory board," said Dr. Chris D'Couto, President & CEO of Neah Power. "His academic interests, management expertise, and experience with start-up firms are valuable skillsets for a company like NEAH, and we are excited that Dr. Abhari has accepted this assignment."
Dr Abhari commented, "Neah Power has a unique and disruptive technology that can serve a variety of markets and a range of products. I look forward to working with Dr. D'Couto and the rest of the management team. The customer engagements that they have, and the overall opportunity ahead of Neah, serve a critical need."
Dr. Abhari has been a consultant to numerous prestigious public and private corporations such as: Alstom Power, a global leader in power generation; Daimler, General Electric, Honeywell, and Toshiba Corp. He is currently a member of the Supervisory board of First Climate, a global leader in carbon asset development and trading of Carbon Emission Reduction credits, as well as PNE Wind (PNE3.DE), a renewable energy development company with offices in Europe and the U.S.
Within the public sector, Dr. Abhari's service includes government environmental, energy and aerospace organizations, including past Chairmanship of the ASME International Gas Turbine Institute; and NASA Glenn Research Center's Working Group focusing on aeronautical research.
Professor Abhari is a member of the prestigious Swiss Academy of Engineering Sciences, and a Fellow of the American Society of Mechanical Engineers. Professor Abhari received his PhD from MIT (1991) in Aeronautics and Astronautics and his MA and BA from Oxford University in Engineering Sciences.
About NEAH Power
NEAH Power Systems, Inc. (OTCBB: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. 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, 2008 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.