SOURCE: CFA Report, Inc.

April 24, 2006 09:00 ET

CFA Report, Inc. Initiates Coverage of Axial Vector Engine Corp., Sets $14.00 12-Month Target Value

TEMPE, AZ -- (MARKET WIRE) -- April 24, 2006 -- CFA Report, Inc. announced today that they will initiate coverage of Axial Vector Engine Corp. (OTC: AXVC) with a 12-month target value of $14.00. The small-cap analyst coverage includes a detailed 13-page company overview available on the CFA Report, Inc. corporate website. Managing Director of CFA Report, Inc., Mr. Andrew Paschall, states: "With oil prices around $70/bl and trouble surrounding General Motors Corp., there exists a substantial demand for cleaner, more efficient, and more powerful engines."

The detailed analysis is available free @ http://www.CFAReport.com/pdf/CFAReportAXVC.pdf

The 13-page analysis includes detailed information on the Company's business model, products, valuation, industry, management, and risks. CFA Report, Inc. is a well-respected, professional research and consulting firm that provides information and pragmatic analysis of emerging growth companies to the investment community.

"Wiser Group and Axial Vector™ Engine Corporation (OTC: AXVC) recently announced the signing of a joint venture agreement to be named 'Wiser AVEC Power Corporation' to combine the respective companies' strengths in capital, energy and technology. CFA Report, Inc. has found it necessary to initiate coverage at this exciting time," states Andrew Paschall. "Clearly, the management team is capable of capitalizing on the untapped growth potential of the Axial Vector Engine, and we are very pleased to make this detailed report available to the public."

About Axial Vector™ Engine Corporation:

Axial Vector™ Engine Corporation is a publicly traded company that owns, develops and licenses proprietary intellectual property regarding unique internal combustion engine technologies. These technologies are being applied in the development of an exciting new lightweight internal combustion engine that produces significantly greater horsepower and three times more torque than conventional engines of similar size while consuming less fuel. The internal combustion engine as we know it today may never comply with future pollution standard mandates, or meet the increasing demand for cleaner and far more fuel-efficient engines. We see the Axial Vector™ as the engine design that will comfortably meet these challenges, and more.

Key entry markets for the Axial Vector™ engine include a number of specific military and industrial applications. Additionally, we are developing a family of electric power generators incorporating our unique Axial Vector™ technology. The generators will consume less fuel per unit of electrical power output and be considerably smaller than any known internal combustion engine generators.

About CFA Report, Inc:

CFA Report, Inc. and its affiliated web site (http://www.CFAReport.com) is a leading source of information for micro to small-capital publicly traded companies. CFA Report, Inc. provides consulting services to aid corporate executives, as well as financial tools and publications for investment professionals. Business consulting services provided by CFA Report, Inc. include written analytical reports, thorough financial models, and developed business plans. To feature your company, please call Andrew Paschall at (602)-615-0610 or email editor@cfareport.com.

Past performance is no guarantee of future results. We, our affiliates, and any officer, director or stockholder or any member of their families may have a position in and may from time to time purchase or sell any securities discussed in our financial publications or included in our newsletters. CFA Report, Inc. is a consultant to the Company and has received two thousand dollars from CollegeStock, Inc. There may be instances when all fundamental, technical, and quantitative opinions may not be in concert. Our associates may from time to time perform investment banking or other services for, or solicit investment banking or other business from, any company mentioned on this web site.

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.

Contact Information