Next Generation Bio-Fuels Produce Excellent Power in Axial Vector Family of Engines

Feb 8, 2010 5:56:00 AM

DUBAI, UAE -- (MARKET WIRE) -- 02/08/10 -- Axial Vector Energy Corporation ("AVEC") (PINKSHEETS: AXVC) (FRANKFURT: BAE1) confirmed today its family of marine/aviation/heavy industry engines are capable of producing excellent power cycles using next generation bio-fuels, in addition to today's bio-fuels, such as palm oil and corn ethanol, as well as other cropped-based fuels.

With the addition of our 352hp / 1710 ft-lb of torque work horse engine, now being made ready for mass production, combined with our 240hp / 1140 ft-lb of torque 'gas cam marine/aviation engine,' Axial Vector has the only engines capable of using all fuels 'hydrocarbon,' 'alternative fuels,' and 'next generation bio-fuels.'

ADVERTISEMENT
 
Related Quotes
  Last Change % Change
AXVC
0.117
0.00 0.00

Today, the United States produces 12 billion gallons of bio-fuels, with that number scheduled to grow to 36 billion gallons by 2022 as mandated in the 2007 Energy Bill. Sanjai Chhaunker, President & CEO, stated, "Our engines are the perfect bridge between the needs of today and the demands of tomorrow. We use 30% less hydrocarbon fuel when creating power and have the ability to use today's and tomorrow's bio-fuels including ethanol substitutes and isobutanol [Modified e-coli and glucose (sugar) reacts to make isobutanol]."

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.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, among others, all assumptions, expectations, predictions, intentions or beliefs about future events. You are cautioned that any such forward-looking statements are not guarantees of future performance and that a number of risks and uncertainties could cause actual results of the Company to differ materially from those anticipated, expressed or implied in the forward-looking statements. The words "believe," "expect," "anticipate," "project," "targets," "optimistic," "intend," "aim," "will" or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks and uncertainties that could cause actual results to differ materially from those anticipated include risks related to new and existing products, product defects and any related product recall; any projections of sales, earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in China; any statements of belief or intention; any of the factors and risks mentioned in the "Risk Factors" section of our Annual Report on Form 10-K for the year ended December 31, 2007 and any subsequent SEC filings. The Company assumes no obligation and does not intend to update any forward-looking statements, except as required by law.

For further information, please contact:
Samuel Higgins
Chairman
Axial Vector Energy Corporation
Telephone: +9714 887 5351
Facsimile: +9714 881 7835
www.axialvectorenergy.com
inquiry@axialvectorenergy.com

Jebel Ali Free Zone
LOB21- F07
Dubai, United Arab Emirates
Building # 1, 1397 Taylor Farm Road
Virginia Beach, VA 23453
United States


 
Related News
Mar 09/10 06:41
Axial Vector Provides Update on Saudi Gulf Environment Forum, in Jeddah, Kingdom of Saudi Arabia (MRW)
Mar 01/10 06:28
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 (MRW)
Feb 08/10 05:56
Next Generation Bio-Fuels Produce Excellent Power in Axial Vector Family of Engines (MRW)
Feb 01/10 06:22
Kirloskar Oil Engines Enters Binding MOU for Joint Venture Mass Production of Axial Vector Engines (MRW)
Jan 26/10 05:46
Axial Vector: Joint Venture Partner Board Approves Agreement, Signing Will Be on Friday in India (MRW)

Business News
Mar 16/10 11:49
D-BOX Motion Seats Move into Two More Galaxy Theatres (PRN)
Mar 16/10 11:49
D-BOX Motion Seats Move into Two More Galaxy Theatres (CNW)
Mar 16/10 11:49
Dejour Proved and Probable Reserves Increase by 215 Billion Cubic Feet Gas Equivalent in 2009 (BIZ)
Mar 16/10 11:48
Sears Canada Advises Customers of a Voluntary Recall Issued by Dimplex North America Limited on Plug-in Remote Control Receivers included with certain Dimplex, Electric Fireplaces, Stoves and Fireplace Inserts (CNW)
Mar 16/10 11:38
Experience the Best of This Season's The Met: Live in HD on Mondays at Cineplex Entertainment Theatres (MRW)
Mar 16/10 11:38
Experience the Best of This Season's The Met: Live in HD on Mondays at Cineplex Entertainment Theatres (CCN)
Mar 16/10 11:35
Minister Ashfield Assures Canadians That Shady Tax Preparers and Promoters Will be Penalized (MRW)
Mar 16/10 11:35
Minister Ashfield Assures Canadians That Shady Tax Preparers and Promoters Will be Penalized (CCN)
Mar 16/10 11:34
Introducing a New Breed of Project Management Tools (CNW)
Mar 16/10 11:31
Stellar Pacific Ventures Inc. Announces the Beginning of a Work Program on its Lake Urban Property, in Urban Township, Northwestern Quebec (MRW)
 

AlphaTrade.com   |   Advertise   |   Contact Us   |   Disclaimer   |   Legal   |   Privacy
Copyright © 2008 AlphaTrade.com. All rights reserved.
Quotes are delayed 15 minutes.