Press Release Source: Axial Vector Energy Corporation
Dr. Mark Cullen Conducts Exclusive Webcast Interview with The Green Baron Report to Focus on Patented Oil Refining Technology and PETRO AVEC JV
* On Wednesday May 13, 2009, 5:08 am EDT
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DUBAI, United Arab Emirates--(BUSINESS WIRE)--Axial Vector Energy Corporation ("AVEC") (Pink Sheets:AXVC - News) (Frankfurt:BAE1 - News) announced today that Managing Partner of PETRO AVEC, Dr. Mark Cullen, has conducted an exclusive new audio-taped webcast interview to further explain its revolutionary patented technologies to refine oil and more about its Joint Venture with Axial Vector Energy. Unrestricted access to the webcast is now available on the "Webcasts" page at www.TheGreenBaron.com or www.axialvectorenergy.com or www.petroavec.com.
Patents covering 42 countries represent 55.7% of all crude oil production, 30% of world crude oil reserves, and 40% of the world's refining capacity. Over 1,500 claims remain pending around the world.
The process uses sonic energy in a moderate temperature, atmospheric pressure environment to reduce sulfur, nitrogen, and trace metals in petroleum while also reducing oil density. The process increases API (American Petroleum Institute) gravity (least specific gravity = highest API gravity) and volume. Sour (greater than 1/2 percent by weight sulfur) crude is rendered less sour, more useable product is extracted from a 42 gallon barrel of oil, and the volume of treated crude oil expands. The process is fully supported by highly affordable, reliable, available, durable, computerized commercial off the shelf equipment from Germany.
About PETRO AVEC
PETRO AVEC is a joint venture between AVEC and Petrosonics LLC to develop; finance and market Petrosonics sulfur removal technology globally. The joint venture is owned 60% by Petrosonics LLC and 40% by AVEC. Petrosonics was formed in 2001 by Mark Cullen, M.D. Dr. Cullen was previously the President and CEO of SulphCo (AMEX SUF)
About Axial Vector Energy Corporation
Axial Vector Energy Corporation (AVEC) is a global solutions provider that owns, develops, invest 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.
Contact:
Axial Vector Energy Corporation
Investor Contact
Phone: 971 4 887 5351
inquiry@axialvectorenergy.com
or
Redwood Consultants, LLC
Jens Dalsgaard (415) 884-0348
www.axialvectorenergy.com
www.PetroAvec.com
