May 16, 2011 07:55 ET

AVEC Engine Licensee Wins US Navy Phase II SBIR Contract for New Marine Engine

DUBAI, UNITED ARAB EMIRATES--(Marketwire - May 16, 2011) - AVEC Corporation ("AVEC") (PINKSHEETS: AVEC) (FRANKFURT: BAE1) announced today an AVEC licensee is the winner of 2011 SBIR Phase II to increase engine efficiency while reducing engine weight. Most diesel marine engines are based on industrial engines with little regard to total weight or size. Phase II SBIR award winner EngineTec, Inc., will further advance the linear drive engine concept. Douglas Hahn, president of EngineTec, Inc., has been a technical consultant for AVEC for the last five years and his team was instrumental in bringing the AVEC Workhorse engine to the demonstration phase. It was this same technology that gave Douglas Hahn the idea to reduce size and weight for military applications.

From USN Phase II SBIR Award Detail Abstract:

"By reducing the propulsion weight, the craft will be able carry more extensive payloads. The three engine choices are diesel, gasoline, and turbine. Current diesel engines don't meet the weight goal, gasoline engines are not an option due to fleet requirements and turbine engines have unacceptable thermal issues. However, a novel engine, the Linear Power Transmission (LPT) engine has the greatest potential to meet the 1lb/hp goal. The original engine design received FAA certification in the 1950s, weighed 237 lbs and produced 200 hp. In this effort, we propose to build and test an innovative multi-fuel marine engine, based on the LPT (currently in production for gensets). Project goals include an engine design that exceeds 500 HP with a weight of 480lbs with low fuel consumption."

About AVEC Corporation
AVEC Corporation (AVEC) is a Nevada Corporation and global solutions provider that owns, develops, invests in and licenses revolutionary technologies including solar, wind and geothermal alternative energy systems. It also owns and licenses multi fuel internal combustion engines 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 green 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.

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