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Neah Power Systems, Inc. NPWZ

"Neah Power Systems Inc is engaged in the development and sale of renewable energy solutions using proprietary fuel cell technology. It develops two types of fuel namely PowerChip and BuzzCell. The cells developed by them are designed to replace existing rechargeable and non-rechargeable battery technology in a variety of applications. The company is developing solutions specifically for the military, transportation, and portable electronics applications."


OTCPK:NPWZ - Post by User

Post by qualitystocks.neton Sep 23, 2015 9:37pm
91 Views
Post# 24130185

Recent Agreement with S4 Worldwide Positions NEAH Power Syst

Recent Agreement with S4 Worldwide Positions NEAH Power Syst
Recent Agreement with S4 Worldwide Positions NEAH Power Systems, Inc. (NPWZ) in Prime Industry Position
 
Growing demand for our nation’s police force to wear body cameras has triggered an industry race to develop and deploy the most efficient and wearable technologies possible. VOXX International Corp. subsidiary VOXX Electronics Corp. is among the more recognizable names working to carve a spot in this fast-growing industry.
 
VOXX Electronics’ most recent move was to sign a letter of intent with S4 Worldwide, LLC (S4W) for exclusive rights to manufacture and distribute the SENTRY BodyCam, a real-time HD/IR streaming wearable body camera designed for military, police and law enforcement officials.
 
S4W’s SENTRY BodyCam provides real-time HD video communications link for police and law enforcement officials for instant awareness and visibility from any location with an embedded GPS chip. The device is self-powered for up to 10 hours with portable lithium polymer battery supply, automatic video upload via Wi-Fi, automated notification of activity recorded, and extended onboard and remote archiving capabilities.
 
Of key importance here is the lithium polymer battery, which emphasizes the need for body-cameras to be lightweight and flexible without compromising durability and reliability. Developing a technology of this nature is first nature for NEAH Power Systems, Inc., also making an entrance into the body-cam industry and a vertical link to VOXX with a recently announced a key partnership with S4W.
 
Neah Power’s fuel cell business is divided into three product lines, each in various degrees of progression and potential commercial partnerships: the patented and award winning, silicon-based Powerchip® technology; BuzzBar™ and BuzzCell™ micro fuel cells, which use patent pending low cost, differentiated technology; and Formira™, a reformer platform for direct on-site generation of hydrogen gas.
 
With 14 patents and eight patents pending, NEAH Power has incorporated its award-winning and patented PowerChip® fuel cell architecture into the patent pending PowerChip® battery. To date, this new battery design has exhibited unprecedented performance characteristics.
 
The teaming agreement with S4W enables both parties to integrate NEAH Power’s power generation and energy storage technologies with S4W’s industry leading security and defense products, including cutting-edge body cameras currently marketed to police and security professionals around the world. The agreement also allows the two companies to cooperatively market each of the other’s products, thereby expanding the number of distribution and sales channels available, driving one another’s capabilities and growing customer bases with high capital efficiency.
 
NEAH Power will deliver commercial units of its patented formic acid reformer fuel cell (Formira HOD™) and engineering units of its PowerChip® fuel cell and silicon-chip based PowerChip® Battery. In addition, NEAH Power will provide S4W with engineering and technical support to ensure successful integration into S4W’s state-of-the-art body worn cameras.
 
In a news release announcing the agreement, Paul Sault, CEO of S4W noted, “Our engineering staff and consultants immediately recognized the transformative nature of NEAH Power’s Formira HOD™ and PowerChip® solutions, specifically, when incorporated in a highly disruptive product like our Smart Body Cam where continuous power is necessary for delivery of the ever-important personnel and public safety benefits they provide. Upon first being introduced to NEAH Power’s PowerChip® Battery, S4W was eager to become an early adopter. While interviewing countless numbers of public safety personnel about what features they wanted to see standard on a body camera, having the power necessary to make it through an entire shift without battery recharging or replacement, ranked very near the top.”
 
As NEAH Power moves closer to first commercial release of the PowerChip® Battery, the company appears to be in the right place, at the right time, with a potentially superior product that will cater to demand for small, light and powerful energy storage solutions for today’s police force.
 
For more information, visit www.neahpower.com
 
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