Gerard D'Couto, CEO of Neah Power Systems, Inc. (NPWZ), Interviews with The Wall Street Transcript

Wall Street Transcript

67 WALL STREET, New York - December 5, 2013 - The Wall Street Transcript has just published its Industrial Equipment, Aerospace and Defense Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs and Equity Analysts. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

Topics covered: Defense Budget Uncertainty - Capital Equipment Technology Investing - Growth Opportunities in Data Security - International Consumption Growth - Professional Security Equipment

Companies include: Neah Power Systems, Inc. (NPWZ) and many more.

In the following excerpt from the Industrial Equipment, Aerospace and Defense Report, the CEO of Neah Power Systems, Inc. (NPWZ) discusses company strategy for this company and this vital industry:

TWST: What is your three- to five-year vision for the company? Where do you want to be at that point, and how will you get there?

Dr. D'Couto: One key point about Neah's technology that I didn't get into detail is that we have an outsourced manufacturing model for our technology, so the PowerChip product can be manufactured by fully depreciated, eight-to-10 generation old computer chip factories, so we could go to any of these older factories and have them manufacture our products. So the point I am making is that, as we ramp up in volume and production, we don't need to allocate lot of assets to deploy people, plant and equipment type resources.

I think where I see the company in three to five years, we see a lot of adoption in the defense space and deployment of products as we discussed earlier in the underwater unmanned vehicle, unmanned aerial vehicle avenues. These are very off-grid type applications, remote monitoring stations, etc. The consumer product, we expect that to be a significant part of our business, the Buzz Bar product. We are also looking at potentially bringing out products that would serve as backup power, fuel-cell-based products that would serve as backup power for home applications.

Again, in the U.S., we take the grid for granted for the most part, but in places like India and parts of Africa, it's not uncommon to be without power for anywhere from two to eight hours every day. So being able to fill those markets are huge opportunities, and the fact that we are not capital-intensive, meaning our manufacturing costs don't scale with our revenue, that gives us a very strong competitive advantage against other companies that do most of the manufacturing in-house.

TWST: What do you see as the biggest risks or impediments to you achieving your three- to five-year vision, and how are you prepared to deal with those impediments?

For more of this interview and many others visit the Wall Street Transcript - a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs, portfolio managers and research analysts. This special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

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