AVEC Corporation (fka AVEC)

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Fox News Segment of AVEC Now Posted on AVEC YouTube Site

* Press Release
* Source: Axial Vector Engine Corp.
* On Monday September 14, 2009, 6:32 am EDT

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DUBAI, UNITED ARAB EMIRATES--(Marketwire - 09/14/09) - Axial Vector Energy Corporation ("AVEC") (Pinksheets:AXVC - News) (Frankfurt:BAE1 - News) announced today that the completed news segment for the upcoming Fox Business TV show has been finished and is now available to view on the AVEC YouTube business page.

To view the video go to

The video is over nine minutes in length and gives a complete overview of the company and its immediate future plans to commercialize the breakthrough engines and generators, which the company has developed.

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."

Sanjai Chhaunker, President and CEO of AVEC, stated, "We have been informed that when the story airs on Sunday, September 27, 11 AM Eastern on Fox Business Channel it is slated to be the first story in the program as a result of the wide interest our engine is generating by being able to run on non fossil fuels as well as hydrocarbon fuels. We also are receiving numerous requests for copies of our news segment from other media outlets around the world which we are of course happy to provide."

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.

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.

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