AVEC > LATEST NEWS


July 12, 2010
Axial Vector Energy Corporation Issues Request For Proposal (RFP) to Multiple Manufacturers in an Effort to Expedite and Expand Engine Production. Proposals Due 15 October 2010

Virginia Beach, Virginia. Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) announced today that it has issued an engine manufacturing Request for Proposal (RFP) to several large manufacturers. The company is issuing the RFP in response to apparent heightened product demand and subsequent interest from large manufacturers seeking contract manufacturing and original equipment manufacturer (OEM) opportunities.
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June 17, 2010
Bridging the Gap Between the Smart Grid Green Energy Program and Home Appliances.

June 17, 2010 (AXcess News) Reno - Axial Vector Energy Corp. (OTC: AXVC) may be one of the first green energy companies to have bridged the gap between the $3.4 billion smart grid energy program announced by the U.S. Department of Energy and home appliances when the Company unveiled its product which controls individual home appliances more efficiently using Bluetooth technology.
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June 17, 2010
AXIAL VECTOR ENERGY CORPORATION ANNOUNCES FIRST SMART ELECTRIC GRID PRODUCT; GOOD GREEN ENERGYTM GENIUS BOX NETWORKS HOME APPLIANCES AND LOCAL POWER SOURCES TO MINIMIZE CONSUMER POWER COSTS WHILE REDUCING PEAK DEMAND ON THE PUBLIC POWER GRID.

DUBAI, United Arab Emirates (BUSINESS WIRE) – June 17, 2010 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) announced today the successful development of the world's first network appliance capable of intelligently controlling start up and shutdown of individual Bluetooth networked home appliances (e.g., pool equipment, air conditioners, electric dryers, and electric water heaters) during peak rate hours. The Good Green EnergyTM Genius Box also coordinates the selective start up and shutdown of local solar, wind and generator components, to optimize power generation credits, load balance and reduce peak rate demand on the public power grid. The Genius Box can be used as a central controller for stand alone, local micro power grids or as a smart controller to intelligently choose, on the fly, whether to use utility power, local power or less of each through selective appliance shutdown when every component is receiving utility generated power.
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June 15, 2010
AVEC ANNOUNCES NEW TRADEMARK; “GOOD GREEN ENERGY” TRADEMARK APPROVED FOR AVEC’s NEW FAMILY OF SMART ELECTRIC GRID PRODUCTS.

DUBAI, United Arab Emirates (BUSINESS WIRE) – June 15, 2010 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) announced today that it secured the trademark “GOOD GREEN ENERGY,” www.goodgreenenergy.com, which will be used for branding AVEC’s new line of smart electric grid products. The first of these products, developed in response to Department of Energy (DoE) stated needs, is expected to be announced later this week.
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June 07, 2010
AXIAL VECTOR ENERGY CORPORATION ENTERS INTO SOFTWARE LICENSE AGREEMENT WITH BROADCAST INTERNATIONAL.

SALT LAKE CITY, UTAH—June 7, 2010 –Axial Vector Energy Corporation - "AVEC" - (Pink Sheets: AXCV) (Frankfurt: BAE1) and Broadcast International – BI - (OTC: BCST) jointly announced today that AVEC has entered in a software license agreement with BI. AVEC will implement the BI Security Encryption Software Module, which is a sub-component of its flagship software platform. Terms of the license agreement were not disclosed.
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May 27, 2010
OPEC Controls Us.

Jim Woolsey, the former CIA director tells the Pickens Plan Army that the solutions to OPEC’s control of our energy pocketbook are homegrown.
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May 24, 2010
President Obama Directs Administration to Create First-Ever National Efficiency and Emissions Standards for Medium- and Heavy-Duty Trucks

WASHINGTON, DC - President Obama today continued to build towards a new clean energy foundation, announcing a vision for cleaner, more efficient trucks, and next-generation cars, including advanced electric vehicles (C-SPAN Video)
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May 24, 2010
AXIAL VECTOR ENERGY CORPORATION ANNOUNCES APPOINTMENT OF WASHINGTON D.C. BASED LIEBMAN AND ASSOCIATES, INC TO HELP SECURE FEDERAL CLEAN ENERGY FUNDING

Virginia Beach, Virginia (Marketwire) – May 24, 2010 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) announced today the appointment of Washington D.C.- based Liebman & Associates (L&A), http://www.liebman-associates.com/index.php, to help the firm secure federal and state clean energy funding. L&A is a leading clean energy and environmental technology consulting firm. L&A facilitates partnerships with the federal and state governments, through the National Laboratories, which provide world-class technical assistance, unbiased due diligence, and financial support in order to...
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May 19, 2010
Axial Vector Energy Corporation Announces Extension of Agreement with Redwood Consultants, LLC and Constellation Capital Management, LLC.

DUBAI, UNITED ARAB EMIRATES, May 19, 2010 (Marketwire) - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) a developer of state-of-the-art green technologies, is pleased to announce today that the Company has renewed its contract with California-based firm, Redwood Consultants, LLC to continue assisting in shareholder relations and investor communications. Furthermore, the company is pleased to announce it will also continue its ongoing efforts with Redwood’s affiliate Constellation Capital Management, LLC to continue the development of AVEC’s joint ventures.
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May 04, 2010
AXIAL VECTOR ENERGY CORPORATION ANNOUNCES NEW PATENT PENDING AUTOMOTIVE HYBRID ELECTRIC DRIVE TRAIN.

DUBAI, UNITED ARAB EMIRATES (Marketwire) – May 4, 2010 - Axial Vector Energy Corporation ("AVEC") (Pinksheets: AXVC) (Frankfurt: BAE1), a developer of state-of-the-art green technologies, announced today an all new, U.S. patent pending, automotive hybrid electric drive train. The drive train is composed of a small AVEC engine, an AVEC generator/motor and an all new electric clutch (automatic transmission). The electric clutch is composed of AVEC permanent magnets and coils and is engaged when the two come in proximity. The new clutch is over 80 percent efficient with less than 1 percent slip. Conventional transmissions are significantly less efficient and costlier to operate, as evidenced by the waste heat that they generate.
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April 28, 2010
AXIAL VECTOR ENERGY CORPORATION ANNOUNCES SUCCESSFUL $1.2 MILLION DIRECT OFFERING OF EQUITY UNITS.

DUBAI, United Arab Emirates (MARKETWIRE) – April 28, 2010 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) announced today that it executed $1.2 million of Subscription Agreements with European, North American and Arabian Gulf investors for the sale of approximately 12 million restricted equity units at $.10 per unit. Each equity unit is composed of one share of restricted AVEC common stock and one warrant. The warrants allow investors to purchase one share of restricted AVEC stock at a price of $.50 per share for a period of 24 months. The $.50 warrant is callable under certain conditions. Net proceeds will be approximately $1.2 million. The majority of the transaction has been closed and is anticipated to be fully closed on May 5, 2010, subject to customary closing conditions. A call on the warrants will provide the company with an additional $6.0 million.
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April 15, 2010
AXIAL VECTOR ENERGY CORPORATION CONSOLIDATES RESEARCH AND DEVELOPMENT WORK IN VA IN RESPONSE TO U.S. NAVY REQUIREMENTS.

DUBAI, United Arab Emirates (Marketwire) – April 15, 2010 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) is relocating all of its research and development assets to VA in response to recent Small Business Innovative Research (SBIR) contract requirements and U.S. Navy Secretary Ray Mabus' recent decision to accelerate spending on alternative fuel capable engines and generators. The next full scale demonstration of AVEC biofuel capable engines to the joint services is scheduled for June 2010.
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April 12, 2010
AXIAL VECTOR ENERGY CORPORATION ANNOUNCES COMPLETION OF AUDITED FINANCIALS.

DUBAI, United Arab Emirates (Marketwire) – April 12, 2010, - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) is pleased to announce completion of audited financials through December 31, 2009, which are consistent with disclosures published previously. The full text, along with related management discussion, will be available shortly through the OTC Disclosure and News Service via www.otcmarkets.com, which provides similar service for some 9,000 OTCQX, OTCBB and Pink Sheets securities. Future news releases and financial disclosures, such as quarterly Balance Sheets and Income Statements, Annual Reports, and Proxy Statements, will be posted there, with a link provided from www.axialvectorenergy.com as well.
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April 07, 2010
AXIAL VECTOR ENERGY CORPORATION PROVIDES 1st Quarter, FY 10 PROGRESS REPORT.

DUBAI, United Arab Emirates (Marketwire) - April 7, 2010 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) provided a 1st Quarter, FY10 progress report today.
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March 18, 2010
AXIAL VECTOR ENERGY CORPORATION ANNOUNCES RECEIPT OF KIRLOSKAR LICENSE PAYMENT.

DUBAI, United Arab Emirates (Marketwire) - March 18, 2010 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) announced today the receipt of $250,000 from Kirloskar Oil Engines (KOEL) in India. This payment is booked as the first revenue payment ever received by Axial Vector.
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March 09, 2010
AXIAL VECTOR PROVIDES UPDATE ON SAUDI GULF ENVIRONMENT FORUM, IN JEDDAH, KINGDOM OF SAUDI ARABIA.

DUBAI, Jeddah, Kingdom of Saudi Arabia (Marketwire) - March 9, 2010 - Axial Vector Energy Corporation ("AVEC") (Pinksheets: AXVC) (Frankfurt: BAE1) announced an update today on the Saudi Gulf Environment Forum (http://gulfenvironmentforum.com), March 7th-9th, hosted this year in the Kingdom of Saudi Arabia, under the patronage of His Majesty King Adbdullah bin Abdulaziz Al Saud.
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March 01, 2010
AXIAL VECTOR ENERGY ACCEPTS INVITATION TO ADDRESS SENIOR SAUDI GOVERNMENT OFFICIALS AND INVESTORS AT THE GULF ENVIRONMENT FORUM, MARCH 8TH, IN JEDDAH, KINGDOM OF SAUDI ARABIA.

DUBAI, UNITED ARAB EMIRATES – March 1, 2010 - Axial Vector Energy Corporation ("AVEC") (Pinksheets: AXVC) (Frankfurt: BAE1) announced today it has accepted an invitation to address all of the delegates at the Gulf Environment Forum (http://gulfenvironmentforum.com, March 7th-9th, hosted this year in the Kingdom of Saudi Arabia, under the patronage of His Majesty King Adbdullah bin Abdulaziz Al Saud. Axial Vector’s Chairman, Mr. Samuel Higgins, will discuss the features and benefits of the company’s product offerings and their potential near term impact on the Gulf economy. His presentation is entitled, "Available Now: Lower Cost Green Energy Solutions and Removing Sulphur from Crude Oil with our New Technology”
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January 01, 2010
KIRLOSKAR OIL ENGINES ENTERS BINDING MOU FOR JOINT VENTURE MASS PRODUCTION OF AXIAL VECTOR ENGINES.

DUBAI, UNITED ARAB EMIRATES - February 1, 2010 - Axial Vector Energy Corporation ("AVEC") (Pinksheets: AXVC) (Frankfurt: BAE1) announced today the signing of a binding MOU with Kirloskar Oil Engines (KOEL) (http://kirloskarapps.kirloskar.com/kirloskar/web/home.html) to make ready for mass production of its multi fuel engines and the building of mass production lines for its engines in a Joint Venture which will be held 76% by KOEL and 24% by Axial Vector."
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January 25, 2010
THREE NEW MEMBERS ADDED TO AXIAL VECTOR BOARD OF ADVISORS.

DUBAI, United Arab Emirates (Marketwire) - January 25, 2010 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) announced today the appointment of Mr. Sanford Feld, Mr. Michael McShea, and Mr. Deane Preston to join as members of AVEC's Board of Advisors."
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January 20, 2010
NEW PATENT ANNOUNCED BY AXIAL VECTOR IS THE MISSING LINK BREAKTHROUGH FOR HYBRID ELECTRIC CARS.

DUBAI, United Arab Emirates (Marketwire) - January 20, 2010 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) announced today the filing of a new patent by its Chief Engineer, Douglas Hahn, which is the missing link to make hybrid electric cars a perfect solution for transportation. The uniqueness of the device is that energies normally lost to transmissions and torque converters are recovered to charge the batteries. With a pure electric car, no transmission is needed but if you try to accelerate up a hill, then you are near locked rotor for the electric motor and this is the most inefficient point. Locked Rotor is the Stopped position or the OFF State of an electric motor. This system would allow the electric motor to operate in the most efficient 'zone' while the car continued to accelerate. Douglas Hahn stated, "This, in combination with our generator and engine technology, should make the most fuel efficient vehicle ever produced. What is really exciting is it uses both of our technologies."
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January 19, 2010
AXIAL VECTOR POST CONFERENCE CALL REPLAY AND FREQUENTLY ASKED QUESTIONS (FAQ) ON WEBSITE.

DUBAI, United Arab Emirates (Marketwire) - January 19, 2010 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) announced today that it has posted the recorded replay of the Investor's Conference Call last January 13th and is now available. Also, the list of Frequently Asked Questions (FAQ), which was sent to the management after the conference call can be read on the company's website. Additional company updates will be available by the end of this week.
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January 13, 2010
INDIA'S OLDEST AND LARGEST DIESEL ENGINE MANUFACTURER ENTERS JOINT VENTURE WITH AXIAL VECTOR ENGINE.

DUBAI, United Arab Emirates (Marketwire) - January 13, 2010 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) announced today that it has agreed to enter a joint venture to mass produce its engine with India's oldest and largest diesel engine manufacturer. The name of this billion dollar plus company shall be announced after their next Board of Directors meeting on January 24th. Under the terms of agreement, Axial Vector will receive $250,000 (Two Hundred Fifty Thousand Dollars) as a technology transfer fee with the Indian partner investing up to an additional $2,000,000 (Two Million Dollars) for the mass productionizing engineering of the AVEC engines. The JV company is expected to create millions of dollars of revenue in new engine sales.
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January 10, 2010
AVEC EXTENDS AN INVITATION TO THE CURRENT AND FUTURE SHAREHOLDERS FOR THE CONFERENCE CALL ON WEDNESDAY AT 4:15 PM (EST).

DUBAI, United Arab Emirates (Marketwire) - January 11, 2010 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) announced today that it will be holding an investor conference call on Wednesday, January 13th at 4:15 PM (EST).
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January 4, 2010
AXIAL VECTOR ANNOUNCES CONFERENCE CALL.

DUBAI, United Arab Emirates - January 4, 2010 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) announced today that it will be holding an investor conference call on Wednesday, January 13, 2010 at 4:15 p.m. (EST), hosted by senior management. The content of the call will include a 15-20 minute presentation and update of the Company's recent and ongoing activities for both Axial Vector Energy and its Joint Venture Petro Avec. Details regarding dial-in and webcast information will be provided in a press release prior to the investor call. A power point presentation will be posted on the company's website at 4:05 pm January 13, 2010 (EST) to assist in understanding the developments in the company.
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December 14, 2009
Axial Vector Announces First Advisory Board Members.

DUBAI, United Arab Emirates (BUSINESS WIRE) – December 14, 2009 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) announced today that Dr. Gerard Finley and Dr. Jennifer Steijlen have been appointed as the shareholder members of the Axial Vector Advisory Board.
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November 04, 2009
PETRO AVEC WINS WORLD FINANCE OIL AND GAS INDUSTRY AWARD FOR BEST INNOVATION IN REFINING TECHNOLOGY.

DUBAI, UNITED ARAB EMIRATES (Marketwire) - (November 4, 2009) - Axial Vector Energy Corporation ("AVEC") (Pinksheets: AXVC) (Frankfurt: BAE1) announced today its Petro Avec joint venture has been awarded the '2009 Best Innovation in Refining Technology' category by World Finance Magazine (http://www.worldfinance.com). This prestigious award recognizes the important breakthrough of using 'Sono Chemistry' to remove sulphur to near zero from both refined product streams and heavy crude oil.
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November 02, 2009
AVEC JV PETRO AVEC SIGNS STRATEGIC DEVELOPMENT ALLIANCE WITH SAUDI ARABIA'S DHAHRAN OIL & GAS TO COMMERCIAL SULPHUR REMOVAL FROM REFINERY STREAMS & HEAVY CRUDE OIL.

DUBAI, UNITED ARAB EMIRATES (Marketwire) - (November 2, 2009) - Axial Vector Energy Corporation ("AVEC") (Pinksheets: AXVC) (Frankfurt: BAE1) announced today signing of a strategic alliance agreement with Dhahran Global Company for Oil & Gas (http://dhahran-global.com/v1/), which is wholly a owned subsidiary of Al Shoula Group in the Kingdom of Saudi Arabia. The Al Shoula Group is owned by his Royal Highness Prince Mishaal Bin Abdulaziz Al Saud, one of the most senior members of the Saudi Royal Family.
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October 26, 2009
AVEC VIES FOR DUBAI AWARD FOR SUSTAINABLE TRANSPORT UNDER EVIRONMENTAL PROTECTION CATEGORY FOR ITS ULTRA CLEAN HYBRID TAXI.

DUBAI, UNITED ARAB EMIRATES (Marketwire) - (October 26, 2009) - Axial Vector Energy Corporation ("AVEC") (Pinksheets: AXVC) (Frankfurt: BAE1) announced its entry for the Environmental Protection Category for the Dubai Award for Sustainable Transport 2nd Edition, under the patronage of HH Sheikh Hamdan Bin Mohammed Bin Rahid Al Maktoum, Crown Prince of Dubai & Chairman of Dubai Executive Council (http://www.rta.ae/wpsv5/links/dast/index.html). This award showcases Dubai’s leadership in supporting sustainable transport to create a better world.
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October 19, 2009
AVEC OPENS NEW SALES AND PRODUCTION FACILITY IN VIRGINIA, USA.

DUBAI, United Arab Emirates (Marketwire) - October 19, 2009 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) announced today the opening of its Sales and Production Facility in Virginia Beach, Virginia, USA. The opening of this new facility will allow the consolidation of new product developments, license transfers, USA government grants and loans, as well as a sales and demonstration office.
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October 13, 2009
DUBAI GOVERNMENT ROADS AND TRANSPORT AUTHORITY (RTA) INVITES AVEC TO SIGN MOU TO INTEGRATE ULTRA CLEAN AXIAL VECTOR ENGINES AND GENERATORS FOR PUBLIC TRANSPORT.

DUBAI, UNITED ARAB EMIRATES (Marketwire) - (October 13, 2009) - Axial Vector Energy Corporation ("AVEC") (Pinksheets: AXVC) (Frankfurt: BAE1) announced today it has received an invitation to sign an MOU to integrate its ultra clean Axial Vector Engines and Generators into Dubai Public Transport. RTA, which is owned by the Government of Dubai (http://www.rta.ae/wpsv5/wps/portal), is responsible for the planning and execution of all public transportation systems in the emirate of Dubai. RTA aims to provide the latest, most technologically advanced transportation techniques whilst being environmentally conscious simultaneously.
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October 07, 2009
AXIAL VECTOR ANNOUNCES PENETRATION INTO CHINA.

DUBAI, UNITED ARAB EMIRATES (Marketwire) - (October 7, 2009 ) - Axial Vector Energy Corporation ("AVEC") (Pinksheets: AXVC) (Frankfurt: BAE1) announced today its plan to expand aggressively into China. Evotech Management Corporation ("EMC"), a global strategic management consulting and merchant banking firm, has been engaged by AVEC to develop a comprehensive plan and assist AVEC to enter China..
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October 05, 2009
AVEC CHAIRMAN TO DELIVER ONE OF THE KEYNOTE SPEECHES AT THE INTERNATIONAL GREEN MONEY CONFERENCE IN MOURA, PORTUGAL.

DUBAI, UNITED ARAB EMIRATES (Marketwire) – October 5, 2009 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (FRANKFURT: BAE1) announced today that AVEC has been invited and has accepted to present one of the keynote speeches at the International Green Money Conference on November 12-15, 2009 in Moura, Portugal.
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September 25, 2009
AXIAL VECTOR ENERGY TO BE FEATURED, "SPECIAL EDITION" ON FOX TV SUNDAY SEPTEMBER 27TH, 11:00 AM EASTERN STANDARD TIME.

DUBAI, UNITED ARAB EMIRATES (Marketwire) - September 25, 2009 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (FRANKFURT: BAE1) announced today a gentle reminder that its revolutionary Axial Vector Engine will be featured on the Global News Group Program "Special Edition TV" on Sunday, September 27th at 11:00 am EST. 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.
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September 16, 2009
AUTOMOTIVE INDUSTRIES MAGAZINE TO FEATURE AVEC ENGINES AS ITS COVER STORY.

DUBAI, UNITED ARAB EMIRATES (Marketwire) - September 16, 2009 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC)(FRANKFURT: BAE1) announced today that Automotive Industries Magazine (http://www.ai-online.com) will feature the AVEC engine technology as its cover story in the January issue.
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September 14, 2009
FOX NEWS SEGMENT OF AVEC NOW POSTED ON AVEC YOUTUBE SITE.

DUBAI, UNITED ARAB EMIRATES (Marketwire) - September 14, 2009 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC)(FRANKFURT: BAE1) 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.
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September 11, 2009
AXIAL VECTOR ENERGY CORPORATION BUSINESS UPDATES TO AIR ON RADIO AND INTERNET 8PM EST, SATURDAY, SEPTEMBER 12th AND 10PM EST, SUNDAY, SEPTEMBER 13th, 2009.

DUBAI, United Arab Emirates (PRNewswire-FirstCall)- September 11, 2009 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) announced today that Business Talk Radio (www.businesstalkradio.net) will be airing an interview with AVEC lead engineer Douglas Hahn (YouTUBE) at 8PM Eastern Standard Time (EST) on Saturday, September 12th. A list of local stations can be found at http://www.businesstalkradio.net/zipsearch.shtml. The show will be web simulcast and archived (www.businesstalkradio.net) as well..
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September 8, 2009
AVEC ANNOUNCES LAUNCH OF GLOBAL AWARENESS PROGRAM AND NEW WEBSITE.

DUBAI, UNITED ARAB EMIRATES (Marketwire) - September 8, 2009 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (FRANKFURT: BAE1) announced today the launch of Global Awareness Program and AVEC's new website. The Global Awareness Program will air on WBIX The Business Station (www.wbix.com) and Business Talk Radio Network (www.businesstalkradio.net) and it covers financial and marketing groups and institutional investor markets. Chief AVEC Engineer, Mr. Douglas Hahn, will explain the many benefits of our unique multi fuel engines and generators.
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September 3, 2009
AVEC LAUNCHES NEW WEBSITE AND BUSINESS MODEL TUESDAY, SEPTEMBER 8TH.

DUBAI, UNITED ARAB EMIRATES (Marketwire) - September 3, 2009 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (FRANKFURT: BAE1) announced today that its new corporate website including special access for OEM?s (Original Equipment Manufacturers for Engines) will launch on Tuesday, September 8th at 9:30 AM Eastern Time.
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August 10, 2009
AVEC Applies for Government Grants For Joint Ownership of Engine Production Facility in USA.

DUBAI, United Arab Emirates (Marketwire) - August 10, 2009 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) announced today that it has applied for Federal Grants and Loan funding to assist the co- ownership of an Engine and Generator production facility to be located in the USA.
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August 3, 2009
AXIAL VECTOR ENERGY ANNOUNCES APPOINTMENT OF NEW CHAIRMAN OF THE BOARD OF DIRECTORS.

DUBAI, United Arab Emirates (BUSINESS WIRE) - August 3, 2009 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) today announced the appointment of Mr. Samuel Higgins to the position of Chairman of the Board of Directors, filling a vacancy resultant from the departure of Mr. Ahmed Khalifa. As noted in AVEC's SEC Form 8K on June 23, 2009, Mr. Khalifa resigned when Global Operations (GBS LLC) purchased all of the shares held by Mr. Khalifa's firm, Emirates International Capital Advisory. Mr. Khalifa remains committed to AVEC as a private shareholder. VIEW MORE...


July 15, 2009
AXIAL VECTOR ENERGY CORPORATION ANNOUNCES SUCCESSFUL DEMONSTRATION OF ENGINE RUNNING NON-FOSSIL FUEL.

DUBAI, United Arab Emirates (BUSINESS WIRE) - July 15, 2009 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) announced today a successful performance demonstration of its engine running on palm oil (http://en.wikipedia.org/wiki/Palm_oil), a non-fossil fuel. The demonstration was a required milestone in the recently announced licensing agreement with Premier Group (http://premiergroup.com.my), and should lead to further milestone payments from Premier Group to Axial Vector Energy per its agreement.
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June 9, 2009
AVEC Sells First License to Produce Engines in Malaysia with Premier Group of Kuala Lumpur.

DUBAI, United Arab Emirates (BUSINESS WIRE) - June 9, 2009 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) announced today it has sold its first license to produce its multi fuel "work horse engines" in Malaysia.
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June 3, 2009
PETRO AVEC to Present Oxidative Desulphurization and Heavy Oil Upgrade Technology to 'The World Global Refining Summit' in Houston, Texas.

DUBAI, United Arab Emirates (BUSINESS WIRE) - June 3 , 2009 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) announced today that its Joint Venture Company , PETRO AVEC has been invited and will present its technology at the Global Refining Strategies Conference in Houston, Texas on October 29-30, 2009.
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May 18, 2009
AXIAL VECTOR ENERGY CORPORATION JV PARTNER, PETROSONICS LLC, AWARDED PATENT IN RUSSIA, THE SECOND LARGEST CRUDE OIL PRODUCER AND THIRD LARGEST REFINER IN THE WORLD.

DUBAI, United Arab Emirates (BUSINESS WIRE) - May 18, 2009 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) announced today that its PETRO AVEC JV partner, Petrosonics LLC, was recently awarded a Russian patent (Russian Patent Application 2006108527), protecting the process by which sulfur and nitrogen bearing compounds are removed from diesel oil, FCC cycle oil, FCC slurry oil, light gas oil, heavy gas oil and coker gas oil fractions through the use of sonic energy and oxidation. The patent will remain in effect for 20 years with the possibility of an additional five year extension.
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May 13, 2009
Dr. Mark Cullen Conducts Exclusive Webcast Interview with The Green Baron Report to Focus on Patented Oil Refining Technology and PETRO AVEC JV.

DUBAI, United Arab Emirates, May 13, 2009 - (BUSINESS WIRE) - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) 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.
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May 11, 2009
AXIAL VECTOR ENERGY RETAINS MUSE STANCIL FOR INDEPENDENT COMMERCIALIZATION REPORT ON SULPHUR REMOVAL AND HEAVY OIL UPGRADE LICENSE VALUES FOR ITS JOINT VENTURE COMPANY PETRO AVEC.

DUBAI, United Arab Emirates (BUSINESS WIRE) - May 11, 2009 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) announced today that it has retained Muse Stancil (www.musestancil.com) to independently evaluate the most effective commercialization model for its Oxidating Desulphurization and Heavy Crude Oil Upgrading technology contained in its Joint Venture "PETRO AVEC" (www.petroavec.com). The engagement also involves business strategy and commercial development to maximize the deployment of this important breakthrough technology.
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April 26, 2009
Axial Vector Energy Corporation and Petro-AVEC Announce the Formation of Petro-AVEC North America ("PANA"). Constellation Capital Management, LLC Senior Advisor William Jeffrey Gilliam Appointed as PANA CEO .

DUBAI, United Arab Emirates (BUSINESS WIRE) - April 26, 2009 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) is pleased to announce the formation of a Joint Venture involving Petro-AVEC (the previously announced Joint Venture between AVEC and Petrosonics, LLC) and Constellation Capital Management, LLC of Novato, California.
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April 20, 2009
AXIAL VECTOR ENERGY JV, PETRO-AVEC LLC, APPOINTS DUBAI-BASED OIL EXECUTIVE DR. MAZIN SAMMAN TO LICENSING NEGOTIATING TEAM; ADDS EXTENSIVE MIDDLE EAST, ASIAN AND RUSSIAN OIL INDUSTRY EXPERTISE.

DUBAI, United Arab Emirates (BUSINESS WIRE) - April 20,2009 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) announced today that its PETRO-AVEC LLC JV appointed Dubai-based oil executive Dr. Mazin Samman, former Managing Director of United Oil Investments/Hadramout Refineries Company in Dubai, United Arab Emirates and Sana'a, Republic of Yemen, to its international licensing negotiating team.
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April 16, 2009
AXIAL VECTOR ENERGY JOINT VENTURE PARTNER, PETROSONICS LLC, AWARDED MULTIPLE PATENTS IN EUROPEAN UNION; PATENTED PROCESS USES HIGH POWER SONIC ENERGY TO REDUCE SULFUR, NITROGEN, AND TRACE METALS IN PETROLEUM WHILE ALSO INCREASING GRAVITY AND VOLUME.

DUBAI, United Arab Emirates (BUSINESS WIRE) - April 16, 2009 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) announced today that its PETRO-AVEC LLC JV partner, Petrosonics LLC, was recently awarded European Patent Number 1 668 095/04 781 388.6, protecting the process by which sulfur and nitrogen bearing compounds are removed from diesel oil fractions through the use of sonic energy and an oxidizing agent, absent an aqueous phase. It further protects a related process for the removal of the resultant oxidized sulfur and nitrogen contaminants. The patent will remain in effect until August 17, 2029.
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April 14, 2009
AXIAL VECTOR ENERGY COMPLETES TECHNOLOGY TRANSFER OF ITS ENGINES AND GENERATORS AND CLOSES THE ACQUISITION OF ADAPTIVE PROPULSION SYSTEMS LLC.

DUBAI, United Arab Emirates - April 14, 2009 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) announced today that it has successfully completed its technology transfer under its development contracts with Adaptive Propulsion Systems LLC (APS), a subsidiary of Tactronics Holdings. The Company further announces it has acquired 100% ownership of Adaptive Propulsion Systems LLC (APS) as part of its continuing investments in energy efficient and environmentally friendly technology.
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March 23, 2009
ADAPTIVE PROPULSION SYSTEMS AND AXIAL VECTOR ENERGY SCHEDULE TECHNOLOGY TRANSFER CLOSING DATE FOR APRIL 4TH, 2009 DUE TO SUCCESSFUL DEMONSTRATIONS LAST WEEK.

DUBAI, United Arab Emirates - March 23, 2009 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) announces that it has scheduled April 4th, 2009 as the date to formally transfer technology from Adaptive Propulsion Systems to AVEC. The completed product development contract components including engines, generator systems level 2 engineering packages allow AVEC to now complete license agreements and Joint Ventures which have been pending the development completion for the last two years.
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March 17, 2009
Axial Vector Energy Introduces PETRO AVEC Website at www.petroavec.com to inform Customers and Investors Worldwide of new Joint Venture Aimed at Developing Recently Patented Technology to Refine Oil.

DUBAI, United Arab Emirates - March 17 , 2009 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) announces that its new Joint Venture Company PETRO AVEC has gone live with its website at www.petroavec.com. AVEC is 40% holder of PETRO AVEC and will continue development of its proprietary technology for treatment of sour crude. PETRO AVEC holds patents, among others, that have broad application for removal of sulfur and nitrogen in multiple refinery applications.
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March 11, 2009
AXIAL VECTOR MAKES FIRST CUSTOMER DEMONSTRATION OF ENGINES AND GENERATORS.

Business Wire DUBAI, United Arab Emirates - March 11, 2009 Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) is pleased to announce its outside testing engineers have confirmed the 352 hp workhorse engine and 100kw generator are ready for customer demonstrations. On March 16 and 17 both will be demonstrated to a cross section of civilian buyers and possible licensees.
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March 8, 2009
AXIAL VECTOR ENERGY COMPANY ANNOUNCES FORMATION OF A JOINT VENTURE WITH PETROSONICS, LLC.

Business Wire DUBAI, United Arab Emirates – March 8, 2008 Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) is pleased to announce the formation of a Joint Venture with Petrosonics, LLC of Reno, Nevada.
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February 23, 2009
Axial Vector Updates Investment Community.

DUBAI, United Arab Emirates - February 23, 2009 - Axial Vector Energy Corporation ("AVEC") (AXVC.PK) (Frankfurt: BAE1) wishes to update the investment community with recent developments concerning its business. On Saturday, February 21st, the company received notice of cancellation of its Credit Agreement from its primary lender, Emirates International Capital Advisory. Repeated delays in delivering finished products as promised under its agreement with Adaptive Propulsion Systems were cited in the letter to Axial Vector Management. As a result, current plans and related expenses on listing the equity on a higher market have been temporarily postponed.
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October 14, 2008
Axial Vector Acquires Product Assembly and Storage Facility in Dubai, United Arab Emirates.

DUBAI, United Arab Emirates – October 14, 2008 - Axial Vector Energy Corporation ("AVEC") (AXVC.PK) (Frankfurt: BAE1) AVEC 15 kW generators and electric motors are now complete and ready for mass production. AVEC is excited to announce the full set up and operations of its Dubai office in The Jebel Ali Free Zone.
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October 7, 2008
Axial Vector Energy Introduces Axial Flux Generator for Wind Energy Market.

DUBAI, United Arab Emirates - October 7, 2008 - Axial Vector Energy Corporation ("AVEC") (AXVC.PK) (Frankfurt: BAE1) With the completion of the AVEC generator and electric motor design for mass production, AVEC is proud to announce that our engineers have confirmed that its Axial Flux generator has significant advantages applicable to existing windmills used to generate power.
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September 22, 2008
Axial Vector Energy Introduces 15kw Generator / Electric Motor.

DUBAI, United Arab Emirates – September 22, 2008 - Axial Vector Energy Corporation ("AVEC") (AXVC.PK) (Frankfurt: BAE1) today announces it has received final data transfer and production schematics of its 15kw Generator / Electric Motor, and is now ready to accept orders for this product segment and sign licensing agreements. These units are the world’s only “coreless” (meaning no iron) generators and motors bringing industrial size efficiency to table top and mobile platform uses.
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September 16, 2008
Axial Vector to Present at the Friedland Equities Global Investment Forum in Dubai United Arab Emirates Oct 27th.

DUBAI, United Arab Emirates - September 16, 2008 - Axial Vector Energy Corporation ("AVEC") (AXVC.PK) (Frankfurt: BAE1) today announced it has been invited to present its breakthrough technologies at the prestigious Friedland Global Equities forum at the Burj Al Arab Hotel on Monday, October 27, 2008.
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September 10, 2008
Axial Vector Energy Hires New President and CEO.

DUBAI, United Arab Emirates – September 10, 2008 - Axial Vector Energy Corporation ("AVEC") (AXVC.PK) (Frankfurt: BAE1) today announced that it has hired Mr. Sanjai Chhaunker as its new President and CEO effective today.
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July 15, 2008
SEC Terminates Investigation of Axial Vector Energy and Former Chairman Samuel Higgins; No Enforcement Action Recommended.

DUBAI, United Arab Emirates, and LOS ANGELES, July 15 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC; Frankfurt: BAE1) announced today that the U.S. Securities and Exchange Commission has terminated its investigation of the Company, and its former Chairman recommending that no enforcement action be taken. The SEC informed AVEC of its decision in a letter from the SEC's San Francisco Regional Office.
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