SOURCE: Axial Vector Energy Corp.

Axial Vector Energy Corp.

September 01, 2010 05:44 ET

Engineering TV Is Now Featuring AVEC From AUVSI Unmanned Systems 2010 Show

DUBAI, UNITED ARAB EMIRATES--(Marketwire - September 1, 2010) -  Axial Vector Energy Corporation ("AVEC") (PINKSHEETS: AXVC) announced today that it is being featured on Engineering TV.Com at www.engineeringtv.com.

The new AVEC 30 hp unmanned aerial vehicle engine (UAV) is a lightweight, heavy fuel-burning, partially ceramic design. Electronic Design Technology Editor Bill Wong with Douglas Hahn, AVEC Chief Engineer, conducted the interview.

The entire interview can be viewed directly at

http://www.engineeringtv.com/video/AVEC-Axial-Vector-Engine

Stated AVEC Chairman Sam Higgins, "Our team in Denver was very well received and we have signed multiple NDAs (Non Disclosure Agreements) in order to advance the rapid deployment and licensing of our heavy fuel engine for the military application which will be followed quickly by the licensing for multiple civilian applications."

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.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, among others, all assumptions, expectations, predictions, intentions or beliefs about future events. You are cautioned that any such forward- looking statements are not guarantees of future performance and that a number of risks and uncertainties could cause actual results of the Company to differ materially from those anticipated, expressed or implied in the forward-looking statements. The words "believe," "expect," "anticipate," "project," "targets," "optimistic," "intend," "aim," "will" or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks and uncertainties that could cause actual results to differ materially from those anticipated include risks related to new and existing products, product defects and any related product recall; any projections of sales, earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in China; any statements of belief or intention; any of the factors and risks mentioned in the "Risk Factors" section of our Annual Report on Form 10-K for the year ended December 31, 2007 and any subsequent SEC filings. The Company assumes no obligation and does not intend to update any forward-looking statements, except as required by law.

Contact Information

  • For further information, please contact:

    Investor Relations
    Redwood Consultants, LLC
    Phone: (415) 884-0348

    Or
    Samuel Higgins
    Chairman
    Axial Vector Energy Corporation
    Telephone: +9714 887 5351
    Facsimile: +9714 881 7835
    www.axialvectorenergy.com

    Axial Vector Energy Corporation
    T: +1 757-301-6417
    inquiry@axialvectorenergy.com