Shareholder Update on the Increasing Global Demand for Remote Power Using NEAH Solutions

Neah introduces proprietary lithium battery technology BOTHELL, Wash., May 27, 2015 /PRNewswire/ Neah Power Systems, Inc. (OTCBB: NPWZ) (OTC: NPWZ) – To Our Shareholders: As a supplement to our latest quarterly filing, I want to provide you with a brief report on the status of our Company operations as well as relate the progress achieved by our management in advancing efforts to commercialize, license and sell NEAH Power s industry leading technologies and products. While we continue to develop the many opportunities announced to date, we are also preparing to announce several more initiatives that are expected to contribute significantly to our growth and standing as an emerging leader in fuel cell and battery technologies. In light of the current stock price, which management believes does not adequately reflect the true value of the Company s assets, I wish to reassure you that the level of interest in NEAH Power s technologies has never been greater. As the frenzy of venture ca

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