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Axial Vector Energy to Be Featured, "Special Edition TV" on Fox TV Sunday, Sept. 27th, 11:00 Eastern Time
Special Edition TV and the Global News Group Announces the Inclusion of Axial Vector Energy as a Feature Story on Their 2009 Environmental and Green Technology Series
* Press Release
* Source: Axial Vector Engine Corp.
* On Thursday August 27, 2009, 6:48 am EDT
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DUBAI, UNITED ARAB EMIRATES--(Marketwire - 08/27/09) - Axial Vector Energy Corporation ("AVEC") (Pinksheets:AXVC - News) (Frankfurt:BAE1 - News) announced today that its revolutionary Axial Vector Engine will be featured on the Global News Group Program "Special Edition TV." The program is designed to provide a platform for companies and organizations to talk about and present their solutions. Select companies are provided with international exposure via customized news reports reaching industry leaders and people through various news and media outlets.
On July 14, 2009, Host and Managing Editor of "Special Edition TV", Ileana Bravo interviewed representatives from AVEC at their first United States-based live demonstration of the "axial flux" and GENSET technology power generating system. Footage from these interviews, demonstrations, and other sources was compiled to help deliver this story of advanced green technology.
Ms. Bravo commented, "The fact that this engine runs on bio-based oil as fuel is significant in several ways. Palm oils that are totally renewable fuel sources can be harvested from our Earth's equatorial regions providing needed jobs and social development. Developing countries in these regions can now enter the world economic stage as a viable and important player. The environmental impact of using palm oil as a fuel source is minimal, and this fuel source is one that you can literally drink. That is amazing."
The revolutionary Axial Vector Engine is AVEC's flagship technology and will serve as the core of the company's initial market applications. This incredibly powerful, lightweight, and highly efficient radial-design engine is capable of producing significantly higher horsepower and torque with considerably lower fuel requirements than is the case for conventional engines of similar size. At the same time, the Axial Vector Engine is less costly to manufacture and operate, and provides significant environmental advantages over standard internal combustion engines.
In addition to its engine technologies, AVEC has designed a revolutionary new family of high-power "Axial Flux" coreless electric generators that reach 98.5% efficiency in converting mechanical to electric energy. AVEC's Axial Vector Engine is designed to be seamlessly integrated with two 100 kW Axial Flux generators in order to create a 200 kW generator set (GENSET) that is expected to become AVEC's first commercially marketed product.
"We are encouraged at the reception this technology has already garnered," states Samuel Higgins, Chairman of the Board of Directors. He goes on to note: "So much so, that we have been invited to present at the International Green Summit this November in Moura, Portugal and will launch our new web site next week for OEMs (for engines) to quickly review and receive production information. Sanjai Chhaunker (Our President & CEO) and I will be posting a comprehensive shareholder letter which reviews all areas of AVEC and outlines the future for our company soon."
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.
About the Global News Group
The Global News Group and Special Edition TV is a team of EMMY, Telly and Peabody award winning journalists, producers and directors. "Special Edition TV" covers the latest in business and technology from innovators and industry leaders. The program is designed to provide a platform for companies and organizations to talk about and present their solutions, technologies and services. Select companies are provided with international exposure via customized news reports reaching industry leaders and people through various news and media outlets.
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.
To be added to the Company's email distribution for future news releases, please send your request to inquiry@axialvectorenergy.com.
