XNRGI Inc fka NPWZ

[lottotix]

Although no revenue was expected to be shown on this 10Q, i was hoping we would get another PR this am. Just logged on and there it is. And, IMO, this is the most promising PR we have seen, with a target of just 3-4 mo for completion of prototype.
Press Release Source: Neah Power Systems, Inc. On Tuesday February 23, 2010, 8:00 am

BOTHELL, Wash., Feb. 23, 2010 (GLOBE NEWSWIRE) -- Neah Power Systems, Inc., ('Neah') (OTCBB:NPWZ - News) http://www.neahpower.com/, the company developing fuel cell based renewable energy solutions, reported that Professor Somyos, leading Neah's scientific development team in Bangkok, is building a 300 HP hybrid automobile engine incorporating Neah's unique, patented, methanol-powered fuel cell. According to Somyos, the prototype engine will be available for road testing within 90-120 days.



The development of the engine will see the first automotive use of the Eco-Start, a new technology that is an innovative new type of motor soft-start technology that can extend lithium ion battery life by up to 40% in electric vehicles. Professor Somyos noted, "We are well positioned to be a major supplier of technology and finished products to the automobile sector, where just in Thailand, production will rise by 40% this year to 1.4 million units."



The Eco-Start has been tested extensively in residential and commercial premises, delivering massive savings in electrical usage. The Eco-Start device will be in retail production for stationary applications in June. A number of pre-orders have been placed for the device.