Neah Power Systems, Inc. (NPWZ) Launches Improved Formira Hydrogen-on-Demand Product, Selects BASF as Preferred Supplier of Formic Acid

Today before the opening bell, Neah Power Systems, an emerging leader in fuel cell-based power solutions and rechargeable lithium battery storage solutions for defense, commercial, and consumer applications, proudly announced that it has released the improved Formira HOD® platform.

In the press release, the company included a video that can be viewed online (YouTube Link: https://www.youtube.com/watch?v=NQiQ-I77DPc) and the white paper and spec sheet for the product that allows potential customers to estimate the size of the fuel cell for their specific application (PDF Download: http://dtn.fm/Formic-Acid-Hydrogen-Reformer-for-Fuel-Cells). NEAH POWER also mentioned that it has chosen BASF to be its preferred supplier of formic acid for the Formira HOD platform through its global network of production and distribution sites.

President and CEO of NEAH POWER stated, “We are so proud to be launching this improved product. We believe this is the most energy dense, safe, cost effective, liquid source for the generation of hydrogen. The hydrogen can be used for a variety of applications, as a fuel for fuel cells, for metals processing, and other applications. We have also taken the unusual step of posting our product spec sheet on the website, with a simple calculator that customers can use to determine the size of a system for their specific application.”

He also said, “Unlike other reformer technologies, we use the same fuel source (formic acid) to run the reformer and to generate hydrogen, and the fuel contains less than 5% water, unlike other reformers that can contain 30% or more water. The hydrogen generated is consumed by the fuel cell, and we do not store the gaseous hydrogen, addressing various safety and handling concerns related to compressed hydrogen use in fuel cells.”

This Formira HOD® product has generated significant interest from customers and partners due to the lack of alternate high energy density, instantly rechargeable solutions. These teaming agreements with Tectonica (Pvt) Ltd, Clear Path Technologies®, Silent Falcon, S4 Worldwide and Black-I Robotics allow them to incorporate the Formira HOD into their product platforms, and to partner with NEAH POWER to offer the product in other geographical markets as well.

NEAH POWER concluded the press release stating that it “will continue to update on the exciting commercialization of this disruptive product.”

For more information, visit www.neahpower.com

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