AVEC VIES FOR DUBAI AWARD FOR SUSTAINABLE TRANSPORT UNDER EVIRONMENTAL PROTECTION CATEGORY FOR ITS ULTRA CLEAN HYBRID TAXI.
October 26, 2009

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.

AVEC'S "ultra clean hybrid taxi" would provide the Dubai government a 50% fuel savings and a 75% reduction in exhaust gases for Dubai Taxi Corporation (DTC) at Roads and Transport Authority (RTA) fleet, which comprises approximately 3,500 vehicles deployed to deliver a number of service categories such as District Taxi, Airport Taxi, Hatta Taxi, Ladies Taxi, and Special Needs Taxi in addition to ordinary taxis.

AVEC is coordinating with other innovators in the Gulf Cooperating Council (GCC), as well as the United States, to deploy these next generation taxis to fleet, commercial and military markets. Sanjai Chhaunker, President & CEO of AVEC stated, "We are honored to support the vision and leadership of Dubai in implementing this program under an 'accelerated rapid development program'."

Multiple patent applications are being filed protecting all of the technological breakthroughs included in this program. Technical details will be released weekly as the patent applications are confirmed.

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.

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