AVEC Corporation (fka AVEC)

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New Focus Pick Update

Axial Vector Engine Corp.

(PK: AXVC, Frankfurt: BAE1)

More News Released Today

Axial Vector to Unveil its AVEC Multi-Fuel GENSET in Dubai as the “New Era in Power Production”

AXVC Starts Move Higher!

New pick hits .68 per share yesterday on active volume up as much as 36% from our profile price

The Green Baron Report upgraded Axial Vector last Wednesday, March 5 from a stock alert to a fully profiled pick when it was trading at .50 per share. Yesterday, Monday, March 10, AXVC hit an intraday high of .68 per share up as much as 36% from our original profile price. Once again, we expect this is just the beginning of the upward trend.

Axial Vector announced yesterday during trading hours that its Dubai investor has agreed to freeze any future stock purchases in the Company unless it has traded in excess of $4.00 per share for ten consecutive trading days or there is a two-thirds majority vote to do so by the shareholders. The EICA has confirmed yet again to provide project financing to AVEC of $45,000,000 for its engine and generator technology rollout.

The Green Baron Report confirmed through its source last night that EICA can still buy AXVC stock through open market purchases. However, the Company will not issue new treasury stock to EICA below $4.00 per share, and EICA has agreed not to seek out large blocks of stock from existing shareholders to purchase at these low prices to gain majority control of the Company. In essence, this agreement should be very good for the general shareholder base.

AXVC closed trading up .07 per share to .67 per share on volume of 276,600 shares, the higher volume in one day since August last year. A move over .75 per share on active volume confirms a technical breakout according to our charts. If this happens, we would not be surprised to see AXVC trade well above $1.00 per share quickly. The long-term technical picture would also look tremendous.

Another press release issued this morning by Axial Vector Engine is further evidence that the Company believes its revolutionary power generator represents a monumental advancement in energy technology. The WETEX show in Dubai over the next few days is the first time potential buyers can see the finished product and begin to place orders. Remember to listen to the AXVC webcast that is now available at http://www.thegreenbaron.com/Webcasts.htm.

DUBAI, United Arab Emirates, Mar 11 (PRNewswire-FirstCall) – Axial Vector Engine Corporation (Pink Sheets: AXVC) (Frankfurt: BAE1) announced the arrival of its 200 KW GENSET to Dubai for the WETEX energy show that will continue through to Thursday, March 13.

Local newspapers published interviews with Mr. Ahmed Khalifa, Chairman of AVEC who discussed the revolutionary implications of the first multi-fuel engine and generators capable of producing “Carbon Credits” while at the same time producing low cost mobile power.

The ability to add a second stream of income, by selling carbon credits, to a power generation scenario represents a new era in generator development.

Carbon credits are valued currently at 15 Euros and are forecast to skyrocket in future years as the global warming epidemic continues. Our Gensets are the only multi-fuel 200kw units qualified for these credits.

The urgency of reducing carbon emissions to combat global warming is well-addressed with the introduction of the AVEC technologies.

Pictures of the GENSET on display at the WETEX show can now be viewed on the company’s website at www.axialvectorengine.com

Mr. Ahmed Khalifa, Chairman of AVEC stated, “There is a significant need for portable multi-fuel power that can be produced and deployed quickly and in very large quantities that also lower the carbon and pollution gases. We are proud to introduce this new solution to a world problem in my home country of Dubai”.

Axial Vector(TM) Engine Corporation is a publicly traded company (OTC Pink Sheets: AXVC.PK) that owns, develops and licenses proprietary intellectual property regarding unique internal combustion engine technologies. AVEC is applying these technologies to develop an exciting, new, smaller and lighter internal combustion engine that produces significantly greater horsepower and three times more torque on less fuel than conventional engines of similar size.

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. Axial Vector Engine Corporation

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One World Trade Center

121 SW Salmon Street, Suite 1100

Portland, Oregon USA

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www.axialvectorengine.com

SOURCE Axial Vector Engine Corporation