Neah Power Systems to Take PowerPlay(R) Orders Directly From Consumers; CEO Provides Video Update
21 August 2013 - 10:00PM
Marketwired
Neah Power Systems, Inc., (OTCBB: NPWZ) http://www.neahpower.com, a
provider of power solutions using proprietary, award winning
technology for the military, transportation, and portable
electronics markets using the PowerChip® and the PowerPlay®
technologies, announced today that based on the previously
announced shipment of PowerPlay to a Fortune 110 Company and their
evaluation, the Company is developing and intends to implement an
online order portal to take orders directly from consumers by Sept
30 2013. The Company will separately announce details of the online
portal.
The PowerPlay unit is a passive, low cost, consumer oriented
fuel cell that incorporates proprietary technologies from the
PowerChip® platform. The current version of the PowerPlay is
designed for off-grid smartphone charging for professional and
recreational users. The PowerPlay system, in future product
offerings, could be optimized for tablets and other consumer
electronics.
Dr. Chris D'Couto, President of Neah Power Systems said, "Our
shipment to the Fortune 110 Company was a milestone event that
enables the direct to consumer launch of PowerPlay. We anticipate
customers valuing the off-the-grid functionality it provides, and
we look forward to further iterations of the product for other
consumer electronics." Dr. D'Couto also provided a video interview
which can be viewed in its entirety at the link below.
http://smallcapepicenter.com/beyondthepressrelease/AGORACOMNeahPowerSmallCap-19August2013/
Shareholders and interested parties are invited to visit the
Neah Power Systems Investor Relations Hub on AGORACOM
(http://agoracom.com/ir/NeahPowerSystems) where investors are able
to ask questions and receive answers in near real-time.
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, and the Company does
not undertake any responsibility to update any of these statements
in the future. Please read Neah Power System's Form 10-K for the
fiscal year ended September 30, 2012 and its Quarterly Reports on
Form 10-Q filed with the SEC during fiscal 2013 for a discussion of
such risks, uncertainties and other factors.