Nanotechnology Now - Press Release: "Neah Power to Present at Livingston Nanotech Conference"

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Abstract:
Neah Power Systems, Inc. (OTCBB:NPWS) announced Dr. Dan Rosen, Executive Chairman, will be a featured presenter at the Livingston Nanotech Conference ( http://www.axiomcapital.com/nanotech_2007 ) at the Marriott Financial Center in New York City at 12:30 pm on December 7, 2007. Dr. Rosen will talk about Neah Power and how it has harnessed nanotechnology to develop porous-silicon fuel cells for military and mobile-life markets.

Neah Power to Present at Livingston Nanotech Conference

BOTHELL, WA | Posted on December 3rd, 2007

"We are happy to have Neah Power attend our third annual event and present to our attendees this year," stated Scott Livingston, Managing Director of The Livingston Group. "This year we have focused our attention on key challenges, including distributed power generation, and nanotechnology-based products are continuing to address issues confronting business and individuals in their daily lives. We expect a great crowd at our event on December 7."

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About Neah Power Systems, Inc.
Axiom Capital Management, Inc. is an NASD registered broker/dealer that works with growth companies and institutional investors and provides corporate finance, prime brokerage and private equity opportunities to a wide range of customers.

The Livingston Group was formed by Scott Livingston, who joined Axiom Capital Management Inc. in 2005 after a fifteen year career on Wall Street, and has been working exclusively on nanotechnology investments since 2002. Livingston has been called "sharp and highly connected" by the Forbes Wolfe Nanotechnology Report (July 1, 2005) and has been an invited speaker on nanotechnology investment trends at MIT, the Harvard Club, the Nanobusiness Alliance, the Cambridge Healthtech Institute, Nanotechnology.com, the International Business Forum, Albany Nanotech, the Delaware Technology Park, the Business Executives for National Security, Hillary Clinton's Jobs for New York, WXXA Fox 23, Cold Spring Harbor's Dolan DNA Learning Center and has presented to half a dozen state pension leaders across the country. Livingston is also the creator of the annual Axiom Capital Management "Livingston Nanotechnology Conference," one of the best attended nanotechnology forums of the year.

About Neah Power

Neah Power Systems, Inc. is a leading developer of fuel cells for military applications, notebook computers and portable electronic devices. The company's patented, porous silicon-based design will provide long-lasting, efficient and safe power solutions. As an emerging leader in fuel cell technology, Neah Power's products will allow users to extend the operating time of 10 to 100 watt devices multiple times beyond that of conventional batteries. Further company information can be found at our website http://www.neahpower.com .

Forward-Looking Statements

Except for statements of historical fact, the matters discussed in this press release are forward looking and made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect numerous assumptions and involve a variety of risks and uncertainties, many of which are beyond the company's control that may cause actual results to differ materially from stated expectations. These risk factors include, among others, limited operating history, research and prototype delays, difficulties in developing and commercializing new technologies, and additional risk factors as discussed in the reports filed by the company with the Securities and Exchange Commission, which are available on its website at http://www.sec.gov .

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Contacts:
Neah Power Systems, Inc.
Dan Rosen
425-424-3324
Executive Chairman

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