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Neah Power Systems and Sanmina-SCI Enter into Strategic Relationship

Posted on: Thursday, 19 June 2008, 09:00 CDT

Neah Power Systems, Inc., (OTCBB: NPWS), a leading developer of fuel cells for military, industrial and consumer portable electronic devices, announced today that it has selected Sanmina-SCI Corporation (NASDAQ: SANM) for its engineering development and manufacturing support in commercializing its silicon based fuel cell systems. Sanmina-SCI is a leading systems solutions provider serving the fastest-growing segments of the global electronics manufacturing services (EMS) market.

Joe Bronson, President and COO of Sanmina-SCI said, "We are pleased that Neah Power has engaged us for our engineering expertise and manufacturing capabilities. Our customer base ranges from small startups to global companies. We can get a product to market expeditiously, in the most cost effective manner. We look forward to a mutually beneficial relationship and in enabling Neah Power Systems commercialize its proprietary fuel cell technology."

Dr. Chris D'Couto, President and CEO of Neah Power said, "We are enthusiastic about using Sanmina-SCI for our low run initial production. One of the key differentiators of our product is the ability to use the design and manufacturing prowess of a company like Sanmina-SCI in bringing the product to market. Sanmina-SCI has the industry-leading experience and expertise in the EMS space. We look forward to leveraging their knowledge and skills in the design and manufacturing areas with our core competencies and proprietary technology around the silicon based fuel cell to provide portable power solutions to our target markets. Neah Power is transitioning into commercialization, and Sanmina-SCI will further accelerate the achievement of our goals and fulfillment of the vision for the company."

About Neah Power

Neah Power Systems, Inc. (NPWS) is developing long-lasting, efficient and safe power solutions for portable electronic devices, including notebook PCs, military radios and other power-hungry products. The market size for portable power is estimated in the multi-billion dollar range by the research group Frost and Sullivan. Neah Power uses a unique, patented, silicon-based design for its micro fuel cells that enable higher power densities. This enables lighter-weight, smaller form-factors and lower cost products, as well as an outsourced manufacturing model.

The company's working micro fuel cell prototype, which was demonstrated on September 28, 2007, runs as a closed-loop system without requiring air as an oxidant. As Neah Power pursues the broader military market for fuel cells, it plans to leverage this characteristic unique to its porous silicon technology to pursue these anaerobic applications, addressing a market whose needs are currently not being met.

Further company information can be found at www.neahpower.com.

About Sanmina-SCI Corp.

Sanmina-SCI Corporation is a leading electronics contract manufacturer serving the fastest-growing segments of the global Electronics Manufacturing Services (EMS) market. Recognized as a technology leader, Sanmina-SCI provides end-to-end manufacturing solutions, delivering unsurpassed quality and support to OEMs primarily in the communications, defense and aerospace, industrial and medical instrumentation, multimedia, computing and storage, and automotive technology sectors. Sanmina-SCI has facilities strategically located in key regions throughout the world. More information regarding the company is available at http://www.sanmina-sci.com.

Forward-Looking Statements

This press release contains forward looking statements 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. Factors that might cause such material difference include, among others, our limited operating history, potential research and prototype delays, difficulties in developing and commercializing new technologies.

Source: Business Wire

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