Scottsdale 2/21/2014 4:00:00 AM
News / Stocks

QualityStocks News - Neah Power Systems (NPWZ) Sees Positive Feedback, Demand for Gen One BuzzBar Technology

QualityStocks would like to highlight Neah Power Systems, Inc. (OTCQB: NPWZ), a developer of innovative and efficient power solutions for the military, transportation, and portable electronics applications. The company uses a unique, patented and award winning, silicon-based design for its Powerchip technology that enables higher power densities, air and non-air operation, lower cost, and compact form-factors. Neah uses patent pending low cost, differentiated technology for its BuzzBar  and BuzzCell micro fuel cells for its consumer oriented products.

In the company’s news,

Neah Power Systems reports that sales for its first generation (Gen One) of the BuzzBar has closed out and that the company is developing the second generation.

“We were very pleased with the demand by the consumer market for the first generation of BuzzBar technology,” Neah Power CEO Chris D’Couto stated in the news release. “We have closed out final sales of the Gen One, and received excellent feedback from the initial prototypes and helpful comments online. We have already implemented some compelling design changes into the first generation BuzzBar, including making the unit more compact thus increasing energy density.”

The Gen One BuzzBars are currently in production and are expected to ship four weeks ahead of time, with the first units arriving in April.

While Gen One BuzzBars were available exclusively on Neah Power’s website, the company said that it anticipates offering the second generation both on the website as well as in select consumer outlets. Gen Two BuzzBars will follow closely behind, along with the BuzzBat, BuzzSol, and additional BuzzCell accessories.

The BuzzBar allows users to charge their mobile devices using virtually any source of energy that can plug into the BuzzBar, including wall outlets, batteries (BuzzBat™), solar power (BuzzSol™), and the liquid fueled BuzzCell™. Neah Power notes that its products are ideal in the case of power outages or in third world countries with unreliable power grids where traditional mobile charging units must be charged via a wall outlet quickly become useless.

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.