X0204 3 2011-07-22 0 0001162816 NEAH POWER SYSTEMS, INC. NPWS 0001538547 Sierra Trading Corp. 520 BRICKELL KEY DRIVE UNIT 1607 MIAMI FL 33131 0 0 1 0 Common Shares, Par Value $0.001 1033337 D Series "B" Preferred Shares, Par Value $1.00 Series B Preferred 142200 D The convertible preferred stock is convertible at any time, at the Company's election, and has no expiration date. The number of shares of common stock to be issued upon any conversion shall be calculated by multiplying the number of Series B Preferred shares being converted by the per share purchase price received by the Company for such Series B Preferred Shares, and then, multiplying such number by 130% and then dividing the calculated value by the average closing bid price of the Company's during the five (5) prior to any notice of conversion. /s/ Daisy Rodriguez 2012-01-06