[CRYSTAL RESEARCH LOGO]
LETTER OF AGREEMENT BETWEEN
CRYSTAL RESEARCH ASSOCIATES, LLC AND NEAH POWER SYSTEMS INC.
Date: April 7, 2006
Crystal Research Associates, LLC (CRA), whose primary office is located at 23 Scottsdale Court, Cranbury,
New Jersey, 08512, is being contracted to write an Executive Informational Overview(R) (EIO(R)) by and for
Neah Power Systems Inc., 22122-20 Ave SE. Suite 161, Bothell, WA 98021.
CRA will compile the EIO(R) from previously announced, publicly disseminated information in full compliance
with Regulation FD (Fair Disclosure) of the U.S. Securities and Exchange Commission (SEC). The EIO(R) shall
be an extended report consisting of 40 to 60+ pages, without maximum, augmented with extensive market
perspective written by C. Upon completing the EIO(R), CRA will submit the document to Neah Power Systems
Inc.'s management for approval. The content of the EIO(R) will be the responsibility of Neah Power Systems
Inc., and Neah Power Systems Inc. shall have the right at its sole discretion to edit such content. Additionally,
CRA shall write four (4) quarterly updates of approximately 8-12 pages each, such updates based upon Neah
Power Systems Inc. news announcements, focus, and product development.
The final version of the EIO(R) will be delivered in Portable Document Format (via Adobe Acrobat PDF) file to
Neah Power Systems Inc. Inc. Before release of a final PDF file to Neah Power Systems Inc., the Company will
be required to acknowledge approval of the content of the EIO(R) by having the Chairman, Chief Executive
Officer, or Chief Financial Officer initial, sign, and return by fax or mail to CRA a hard copy of the same.
Neah Power Systems Inc. Inc. will choose the quantity of hard printed copies desired (ranging from 4,500 or
more copies) and CRA will be the sole source of such reports. CRA is contracted with a high-quality printer,
which standardizes our EIO(R)'s. The standardization is critical to ensuring consistent quality of product by our