Form 8-K NEAH POWER SYSTEMS, INC. For: Dec 10

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):  12/10/15

 

 

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))

  

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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 December 8, 2015 the Company issued a press release announcing the appointment of Robert A. Kruse Jr. 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
99.1	Press Release - Neah Power Systems Names Robert A. Kruse 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.

 

	Neah Power Systems, Inc.
	By:	/s/ David Schmidt
		David Schmidt
		Acting Principal Financial Officer

Date: December 8, 2015

 

 

 

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For Immediate Release

Neah Power Systems Names Robert A. Kruse Jr. to Strategic

Advisory Board

 

Kruse to advise on commercialization and international growth strategies

Bothell, WA (December 8, 2015) – Neah Power Systems, Inc. (OTC: NPWZ) (“the “Company”) today announces the addition of Robert A. Kruse Jr. to the Company’s strategic advisory board.

“Mr. Kruse’s extensive commercialization, capitalization, international business and focus on energy storage and batteries, 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, Kruse 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 Kruse. “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.”

Mr. Kruse is a battery and energy storage subject matter expert. Kruse is currently Chief Technology Officer for Qoros Automotive in Shanghai China.  He is responsible for all Product Development and Advanced Technology.  Previously, Kruse lead the operation development for Sakti3 Inc. as Chief Operating Officer and Board Member.  Sakti3 is commercializing solid-state battery technology simultaneously targeted at electric vehicles and consumer electronics and was ultimately acquired by Dyson.

In 2010 he was appointed to the National Academy of Science Sub Committee on advanced battery technology. The Sub Committee is responsible to assess results of the stimulus package and develop legislative recommendations to Congress and the Executive Branch for future legislative action.

Also in 2010 he was a member of the Technical Advisory Board of Envia Systems, a clean tech materials leader working to fuel the electric and hybrid car revolution by supplying materials for the next generation of Lithium Ion batteries.

Prior to 2010 he had a long tenure at General Motors Corporation, Michigan and held many leadership roles including hybrid, electric vehicles & advanced technology batteries.

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Kruse is a graduate of University of Missouri, Rolla MO, and Massachusetts Institute of Technology Cambridge, MA

 

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 further information, please contact:

[email protected]

425-424-3324

Neah Power Systems Inc.

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