SOURCE: Axial Vector Engine Corp.
Axial Vector Energy to Be Featured, "Special Edition TV" on Fox TV Sunday, Sept. 27th, 11:00 Eastern Time
Special Edition TV and the Global News Group Announces the Inclusion of Axial Vector Energy as a Feature Story on Their 2009 Environmental and Green Technology Series
DUBAI, UNITED ARAB EMIRATES--(Marketwire - August 27, 2009) - Axial Vector Energy Corporation
("AVEC") (
On July 14, 2009, Host and Managing Editor of "Special Edition TV", Ileana
Bravo interviewed representatives from AVEC at their first United
States-based live demonstration of the "axial flux" and GENSET technology
power generating system. Footage from these interviews, demonstrations,
and other sources was compiled to help deliver this story of advanced green
technology.
Ms. Bravo commented, "The fact that this engine runs on bio-based oil as
fuel is significant in several ways. Palm oils that are totally renewable
fuel sources can be harvested from our Earth's equatorial regions providing
needed jobs and social development. Developing countries in these regions
can now enter the world economic stage as a viable and important player.
The environmental impact of using palm oil as a fuel source is minimal, and
this fuel source is one that you can literally drink. That is amazing."
The revolutionary Axial Vector Engine is AVEC's flagship technology and
will serve as the core of the company's initial market applications. This
incredibly powerful, lightweight, and highly efficient radial-design engine
is capable of producing significantly higher horsepower and torque with
considerably lower fuel requirements than is the case for conventional
engines of similar size. At the same time, the Axial Vector Engine is less
costly to manufacture and operate, and provides significant environmental
advantages over standard internal combustion engines.
In addition to its engine technologies, AVEC has designed a revolutionary
new family of high-power "Axial Flux" coreless electric generators that
reach 98.5% efficiency in converting mechanical to electric energy. AVEC's
Axial Vector Engine is designed to be seamlessly integrated with two 100 kW
Axial Flux generators in order to create a 200 kW generator set (GENSET)
that is expected to become AVEC's first commercially marketed product.
"We are encouraged at the reception this technology has already garnered,"
states Samuel Higgins, Chairman of the Board of Directors. He goes on to
note: "So much so, that we have been invited to present at the
International Green Summit this November in Moura, Portugal and will launch
our new web site next week for OEMs (for engines) to quickly review and
receive production information. Sanjai Chhaunker (Our President & CEO) and
I will be posting a comprehensive shareholder letter which reviews all
areas of AVEC and outlines the future for our company soon."
About Axial Vector Energy Corporation
Axial Vector Energy Corporation (AVEC) is a global solutions provider that
owns, develops, invests in and licenses revolutionary technologies
including internal combustion engine and electric power generator
technologies that have unlimited potential in military, industrial and
commercial applications. AVEC and its partners are positioned to become
unrivalled leaders in international engine and energy markets with
technologies that produce more efficient, cost effective, environmentally
sensitive and versatile solutions for use in a wide variety of important
applications around the world.
About the Global News Group
The Global News Group and Special Edition TV is a team of EMMY, Telly and
Peabody award winning journalists, producers and directors. "Special
Edition TV" covers the latest in business and technology from innovators
and industry leaders. The program is designed to provide a platform for
companies and organizations to talk about and present their solutions,
technologies and services. Select companies are provided with international
exposure via customized news reports reaching industry leaders and people
through various news and media outlets.
Forward-Looking Statements
This press release may be deemed to contain forward-looking information.
Any forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements, including statements as to industry trends,
future economic performance, anticipated profitability, anticipated
revenues and expenses, and products or service line growth, may be
significantly and materially impacted by certain risks and uncertainties,
including, but not limited to, failure to meet operating objectives or to
execute the operating plan, completion, and other economic factors.
Additional risks and uncertainties are described in the Company's public
filings with the Securities and Exchange Commission.
To be added to the Company's email distribution for future news releases,
please send your request to inquiry@axialvectorenergy.com.
Axial Vector Energy Corporation
971 4 887 5351
inquiry@axialvectorenergy.com
Samuel Higgins
Chairman
info@axialvectorenergy.com
Jebel Ali Free Zone
LOB21-F07
Dubai, United Arab Emirates
