Neah Power to Attend Intel Capital CEO Summit in Mumbai, India.SEATTLE -- Neah Power Systems, Inc., a Nevada corporation A Nevada Corporation is a corporation chartered under the laws of the U.S. state of Nevada. Nevada, like the state of Delaware (See Delaware corporation), is well known as a corporate haven. (Pink Sheets:NPWS NPWS National Parks and Wildlife Service (Australia) ), is pleased to report that Mr. Paul Abramowitz, the Company's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , will attend the seventh annual Intel Capital CEO Summit in Mumbai, India, May 23 - 26, 2006. The Summit is designed for Intel Capital portfolio company CEOs to have the opportunity to meet with Global 2000 industry executives as well as leaders from around the world to discuss new business opportunities for their company's products and services. "Intel Capital has developed a tremendous lineup A criminal investigation technique in which the police arrange a number of individuals in a row before a witness to a crime and ask the witness to identify which, if any, of the individuals committed the crime. of presenters at this year's CEO Summit," said Paul Abramowitz, CEO of Neah Power Systems. "As an Intel Capital portfolio company, we are privileged for the opportunity to interact with globally diverse companies and meet key business leaders that will provide insight on global trends and business opportunities." Keynote speakers include Paul Otellini Paul S. Otellini (born October 12, 1950) is Intel Corporation's fifth Chief Executive Officer. Education Paul Otellini graduated from St. Ignatius College Preparatory. He holds a bachelor's degree in economics from the University of San Francisco. , president and CEO of Intel, and Scott Bayman, president & CEO of GE India. Anand Chandrasekher, senior vice president, sales and marketing, Intel Corp and CK Prahalad, distinguished professor of corporate strategy, University of Michigan (body, education) University of Michigan - A large cosmopolitan university in the Midwest USA. Over 50000 students are enrolled at the University of Michigan's three campuses. The students come from 50 states and over 100 foreign countries. . About Neah Power Systems Neah Power Systems is a micro fuel cell development company using a patented, silicon-based design to provide long-lasting, efficient and safe power solutions for portable electronic devices, including notebook PCs and other power-hungry computer, entertainment, and communications products. As an emerging leader in fuel cell technology and design, Neah Power Systems believes that its products will allow users to extend the operating time of their devices multiple times beyond that of conventional batteries. Key investors include Alta Partners, Frazier Technology Ventures, Castile Ventures, WestAM and Intel Capital. Neah Power Systems is headquartered just outside of Seattle in Bothell, Washington Bothell is a city located in the state of Washington. The population was 30,150 at the time of the 2000 census. Prior to annexation and the 2000 census, the northern portions of Bothell which lie in Snohomish County were considered a part of the Alderwood Manor-Bothell North . Further company information can be found at our Website http://www.neahpower.com and in our Form 10-SB registration statement that was filed with the Securities and Exchange Commission earlier this month, but has not as yet been declared effective. Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such forward-looking statements involve known and unknown risks, uncertainties, and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "belief," "expects," "intends," "anticipates," "will," or "plans" to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's reports and registration statements filed with the Securities and Exchange Commission. |
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