SOURCE: Axial Vector Energy Corp.

March 21, 2011 05:40 ET

AVEC Corporation Acquires Marketing Rights to I POLE, World's First "Intelligent Solar Lighting System"

DUBAI, UAE--(Marketwire - March 21, 2011) -  AVEC Corporation ("AVEC") (PINKSHEETS: AVECD) (FRANKFURT: BAE1) announced today it has acquired marketing rights to thirty four (34) countries for I POLE, the world's first "Intelligent Solar Lighting System." These countries constitute the majority of the "solar belt" and represents over a third of the earth's population.

The I Pole is currently manufactured in the United Arab Emirates with a capacity of 1000 poles per month. Expansion plans are being developed to include an expansion of the existing factory to 10,000 poles per month as well as new factories in Qatar, Kuwait and Saudi Arabia.

Features of the I Pole include:

  • Self-Cleaning

  • Motion Sensors

  • Remote Programming and Monitoring

  • Six Day Full Power Battery Backup

  • Two-Year Durability Test Completed

"The I Pole is a highly profitable proven product with a very high demand. The solar collector is the pole itself providing "reliable turnkey power" which can be deployed immediately. This product fits perfectly with AVEC, providing immediate revenue and can be presented to our wealth of clean energy customers we have developed over the years," stated Samuel Higgins, AVEC Corporation Chairman.

Pictures of the I Pole are now posted on the company's website and the new AVEC Corporation website will be released soon.

About AVEC Corporation
AVEC 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.

Safe Harbor Statement
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