Shipping of Production Unit Sent to Dubai, United Arab Emirates for Premier Low Cost MULTI FUEL GENSET Production Units to be Introduced at Dubai WETEX 2008 Conference March 11-13 in Dubai
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DUBAI, United Arab Emirates, Feb. 14 -- Axial Vector Engine Corporation (Pink Sheets: AXVC) (Frankfurt: BAE1), today announced that the company's finished production unit will be on hand at the WETEX 2008 (Water, Energy Technology and Environment Exhibition in Dubai March 11-13 2008). http://www.wetex.ae/.
Ahmed Khalifa, acting CEO, stated, "On Demand Portable Power is now affordable with our ultra efficient, multi fuel, 200 KW units. These GENSETS are the only ones with the ability to 'join' up to five units, creating one megawatt of portable low cost power, which is deliverable anywhere using the first true multi-fuel system. A fraction of the weight of competitors and very low cost of the energy produced will go a long way to alleviating power shortages in many parts of the world. Coupled with the fact that we shall be using a competitive pricing structure for our GENSETS, we believe that our products will be received favorably in the marketplace."
All systems will have additional outside performance verifications done in order to penetrate the power market and provide peace of mind to our customers. Dealer and distributor negotiations have commenced with much interest from the world's 'power players'.
AVEC will schedule a "Global Conference Call" in February to update investors on numerous material events as they happen and announce pricing, delivery and a unique "Carbon Credit finance program".
Production suppliers and all needed subcontractors have now been sourced for large unit production capability.
Axial Vector(TM) Engine Corporation is a publicly traded company (OTC Pink Sheets: AXVC) that owns, develops and licenses proprietary intellectual property regarding unique internal combustion engine technologies. AVEC is applying these technologies to develop an exciting, new, smaller and lighter internal combustion engine that produces significantly greater horsepower and three times more torque on less fuel than conventional engines of similar size.
Source: Axial Vector Engine Corporation
CONTACT: Axial Vector Engine Corporation, +1-503-471-1348, avec@emiratescapital.net
Web site: www.axialvectorengine.com/ http://www.wetex.ae/
