SOURCE: AC Energy, Inc.

March 15, 2007 11:35 ET

M3 Federal Forwards Letter of Intent to AC Energy

GARDNERVILLE, NV -- (MARKET WIRE) -- March 15, 2007 -- As promised AC Energy (PINKSHEETS: ACEN) is now beginning to release the names of the 'industry giants' interested in their extraordinary uninterrupted power supply technology. The second Letter of Intent is finalized! AC Energy is in fact taking advantage of the single largest buying organization in the world.

AC Energy is proud to announce that the M3 Federal Contract Practice Group, which obtains U.S. Government business, has finalized a letter of intent to finalize a contract with AC Energy. M3 is a highly recognized U.S. Government contract consultant firm comprised of subject matter experts that focus on and comprehend every element of the federal procurement field from business development, contract management, and contract closeout.

The M3 Federal Contract Practice Group has stated that they will execute and sign a full contract with AC Energy as soon as possible. Furthermore the government representative Gary Malyszek who is in charge of these negotiations has stated to AC Energy that worldwide events have further accelerated their quest for the latest and newest technology.

Gary Malyszek explains, "Current opportunities within the military between procurement and product acquisition coupled with R&D funding are generating very large sales for those companies that are positioned to take advantage of such opportunities. M3 Federal works closely with US Government agencies, large defense contractors and programs that will best utilize your company's value offerings and products."

AC Energy Inc. is moving forward fast, and has the largest buying group in the world finalized. Please stay tuned for more updates.

About AC Energy, Inc.

AC Energy is committed to leading the world in research and development of high-quality alternative power sources for cell phones and other small electronics. Our objective is to revolutionize the battery industry by providing consumers with products of unparalleled convenience and efficiency. Through the establishment of select strategic partnerships, AC Energy will maximize its market reach by delivering a commodity of peerless value with virtually unlimited applications in commercial, industrial and military markets.

Forward-Looking Statements:

Note: Except for the historical information contained herein, this news release contains forward-looking statements that involve substantial risks and uncertainties. Among the factors that could cause actual results or timelines to differ materially are risks associated with research and clinical development, regulatory approvals, supply capabilities and reliance on third-party manufacturers, product commercialization, competition, litigation, and the other risk factors listed from time to time in reports filed by AC Energy Corp. with the Securities and Exchange Commission, including but not limited to risks described under the caption "Important Factors That May Affect Our Business, Our Results of Operation and Our Stock Price." The forward-looking statements contained in this news release represent judgments of the management of AC Energy Corp. as of the date of this release. AC Energy Corp. and its managers and agents undertake no obligation to publicly update any forward-looking statements.

Mike Dillon,
President and Director

Contact Information

    AC Energy Inc.
    1528 Hwy 395 N # 130
    Gardnerville, NV 89410