While they are both line source designs and the Neo's have a similar sound they are also different in many ways too.
The Neo 3's used in the Epiphany products have a more detailed sound and better high end extension than the Neo 8's used in the Alpha's, but because the Neo 3's are much shorter there has to be a lot more of them, and that makes them a lot more expensive.
And while the custom built 4" woofers of the Epiphany line does not play as low as the 6" woofers used in the Alpha's, the speed, detail and inner resolution is up a couple of notches over the Alpha's. Midrange is really up a notch too.
Here are a few pics of a couple of the Epiphany speakers at the show.


Keep in mind also the pricing of the three Epiphany models may be a bargain when comparing them to other high end speakers in the market place, but they are still a long way from the kit price of the Alphas.
Their three models retail in the $9,900., $17,900., and $24,900. price ranges.
Cost of producing fine enclosures and dealer margins make up a lot of that cost also...
Performance wise these things may set new standards. The major magazines were bidding with Epiphany as to who could be the first to review these.
Looks like one publication (no names yet) will be receiving all three pairs of speakers that were at the show. I don't recall seeing this kind of excitement over a new speaker line before.
Funny thing is that these were barely assembled right before the show, and one pair was assembled at the show the day before.
It was quite a first showing.
Merc, if you decide you need a matching Alpha center channel then I think I can come up with something for you.