UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): 09/09/2015
Neah Power Systems, Inc.
(Exact Name of Registrant as Specified in Charter)
| Nevada | 000-49962 | 88-0418806 |
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
| 22118 20th Avenue SE, Suite 142 Bothell, Washington |
| 98021 |
| (Address of principal executive offices) |
| (Zip Code) |
Registrant’s telephone number, including area code: (425) 424-3324
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Information About Forward-Looking Statements
This Current Report on Form 8-K of contains forward-looking statements. The words or phrases "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements." Neah Power Systems, Inc.’s financial and operational results reflected herein should not be construed by any means as representative of the current or future value of its common stock. All information set forth in this Current Report on Form 8-K, except historical and factual information, represents forward-looking statements. This includes all statements about the Company’s plans, beliefs, estimates and expectations. These statements are based on current estimates and projections, which involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These risks and uncertainties include issues related to: rapidly changing technology and evolving standards in the industries in which the Company and its subsidiaries operate; the ability to obtain sufficient funding to continue operations, maintain adequate cash flow, profitably exploit new business, license and sign new agreements; the unpredictable nature of consumer preferences; and other factors set forth in the Company's most recently filed annual report and registration statement. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date hereof. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Readers should carefully review the risks and uncertainties described in other documents that the Company files from time to time with the U.S. Securities and Exchange Commission (the “SEC”).
Item 8.01 Other Events
On September 9, 2015 the Company issued a press release announcing the appointment of William A. Nitze to the Company’s Strategic Advisory Board.
The press release letter to shareholder is attached as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits
(a) Not applicable.
(b) Not applicable.
(c) Not applicable.
(d) Exhibits.
| Exhibit No. | Description |
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| 99.1 | Press Release - Neah Power Systems Names William A. Nitze to Strategic Advisory Board |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| Neah Power Systems, Inc. | |
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| By: | /s/ David Schmidt |
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| David Schmidt |
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| Acting Principal Financial Officer |
Date: September 9, 2015
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For Immediate Release
Neah Power Systems Names William A. Nitze to Strategic Advisory Board
Nitze to advise on commercialization and international growth strategies
Bothell, WA (Sept 9 2015) – Neah Power Systems, Inc. (OTC: NPWZ) (“the “Company”) today announces the addition of William A. Nitze to the Company’s strategic advisory board.
“Mr. Nitze’s extensive commercialization, capitalization, international business and focus on off-grid and renewable energy experience will be invaluable to the growth of our Company,” said Dr. Chris D’Couto, president and CEO of Neah Power Systems.
As a member of Neah Power Systems’ strategic advisory board, Nitze will contribute his knowledge and diverse specialties to assist the Company through continued corporate growth.
“I am pleased to facilitate the growth of Neah Power Systems with its unique and differentiated technology offerings, which are clearly needed for off-grid, renewable power for a variety of domestic and international markets,” commented Nitze. “It’s an honor to join the team and I look forward to providing Neah Power Systems with insight and guidance obtained from my current and previous endeavors.”
Nitze is currently chairman of Oceana Energy Company, a company developing and seeking to commercialize a new hydrokinetic technology to convert tidal energy into electricity; and chairman of Clear Path Technologies, Inc., a company that designs and builds neutron-based systems for detecting and identifying explosives and other dangerous substances in containers and develops integrated security solutions. He is also vice-chairman of Senseye, Inc., a company software for the transmission of visual images and other information.
In 2003 Nitze co-founded GridPoint, Inc., a company that develops and markets intelligent energy management systems for commercial and industrial applications. Nitze is senior advisor for Energy and Environment Policy at the Transnational Strategy Group. He also serves on the board of the Aspen Institute and the advisory board of the Krasnow Institute for Advanced Study at George Mason University.
Nitze has held key positions in government, non-governmental organizations and the private sector in the United States and abroad. From 1994 to 2001, he served as assistant administrator for International Activities at the U.S. Environmental Protection Agency. He was president of the Alliance to Save Energy from 1990 to 1994; and from 1987 to 1990 served as deputy assistant secretary of State for Environment, Health and Natural Resources, for which he held a lead role in international negotiations on global issues
such as climate change, ozone layer protection and trans-boundary air pollution. Early in his career, Nitze worked in the legal department of Mobil Oil Corporation and from 1976 to 1980 was general counsel of Mobil Oil Japan.
Nitze is also an adjunct fellow at the Center for Strategic & International Studies and chairman of the board of advisors of the European Institute. He is a member of the Council on Foreign Relations.
Nitze is a graduate of Harvard College, Wadham College, Oxford, and Harvard Law School. He is a member of the State of New York and U.S. Supreme Court Bars.
About Neah Power Systems, Inc.
Neah Power Systems, Inc. is an innovator and supplier of cutting-edge power solutions for the military, transportation and portable electronics industries. Neah Power's long-lasting, efficient and safe solutions include patented and patent pending PowerChip®, Formira® and the BuzzBar Suite® of products. Most recently, Neah Power Systems was a 2012 ZINO Green Finalist, 2010 WTIA Finalist, and 2010 Best of What's New Popular Science Award. For more information visit www.neahpower.com.
Forward Looking Statements
Certain of the statements contained herein may be, within the meaning of the federal securities laws, "forward-looking statements," which are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements, and the Company does not undertake any responsibility to update any of these statements in the future. Please read Neah Power System's Form 10-K for the fiscal year ended September 30, 2014 and its Quarterly Reports on Form 10-Q filed with the SEC during fiscal 2015 for a discussion of such risks, uncertainties and other factors.
For more information please contact the Company at :
Neah Power Systems Inc.
David Kugelman
dkugelman@neahpower.com
(866) 692-6847 Toll Free - U.S. & Canada.