Axial Vector Energy Corporation announced today 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. This particular award displays Dubai’s leadership in supporting sustainable transport to make the world a better place.

According to the press release, 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. This fleet is comprised of approximately 3,500 vehicles that 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 working with other innovators in the Gulf

Axial Vector Energy Corporation (AVEC) announced this morning that it has been invited 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, plans and executes all public transportation systems in the emirate of Dubai. RTA is committed to providing the most technologically advanced transportation techniques while simultaneously being environmentally conscious.

The MOU forms a close relationship between AVEC and the RTA ensuring the government of Dubai will have superior technology for improving the air and further establishing Dubai’s world leadership of vision and innovation.

This new agreement will allow AVEC to deploy its technology into the public transport arena ensuring high volume penetration in a relatively short period of time into the commercial market. Additionally, the use of AVEC technologies in a public transport sector

Axial Vector Energy Corporation was pleased to announce today that Automotive Industries Magazine will feature its unique engine technology as its cover story in the January issue. Devoted to providing global coverage on all aspects of the automobile, Automotive Industries emphasizes on people, products and processes that shape the industry.

According to the press release, the in-depth cover feature will focus on the engineering breakthroughs of the AVEC engines and what their rapid commercialization will do for reduced energy consumption and a much lower impact on the air and environment. Automotive Industries currently provides more than 40,000 manufacturers and suppliers with in-depth news, information, insight and analysis on the global events that affect the auto industry.

Sanjai Chhaunker, President and CEO of AVEC, stated, “Automotive Industries has over 40,000 subscribers who average 24 years auto industry exp and over 90% say AI is

Axial Vector Energy Corporation announced this morning that it has launched a Global Awareness Program as well as a new website. The Global Awareness Program will air on WBIX The Business Station and Business Talk Radio Network, which cover financial and marketing groups and institutional investor markets. Chief AVEC Engineer, Mr. Douglas Hahn, will explain the many benefits of the company’s unique multi fuel engines and generators.

Mr. Sanjai Chhaunker, President & CEO of AVEC, stated, “This comprehensive upgrading, along with the detailed road map letter, clearly outlines the success strategy of the new AVEC.” Mr. Chhaunker added, “Douglas Hahn’s radio interview on September 9th and 10th is the beginning of a Global Investor Awareness Program, which includes TV, print media, Green Energy Conference presentations and exposure of our company’s products to institutional investors.”

Let us hear your thoughts: Axial

Axial Vector Energy Corporation announced this morning that Mr. Samuel Higgins has been appointed to the position of Chairman of the Board of Directors, filling a vacancy resultant from the departure of Mr. Ahmed Khalifa. As previously stated in AVEC’s SEC Form 8K on June 23, 2009, Mr. Khalifa resigned when Global Operations purchased all of the shares held by Mr. Khalifa’s firm, Emirates International Capital Advisory. However, the press release noted that Mr. Khalifa remains a private shareholder of AVEC.

Regarding the appointment, AVEC President and CEO Sanjai Chhaunker commented, “We are extraordinarily pleased to have persuaded Mr. Higgins to return from retirement. Sam is the firm’s founder, one of the largest shareholders and former CEO. No one else knows AVEC, its history, governance, the product line, the client market and the path forward as well as Mr. Higgins.”

Mr. Higgins stated,

Axial Vector Energy Corporation announced earlier this morning that its President and CEO, Sanjai Chhaunker, has posted an update letter to the global investment community on the company’s website.

Mr. Chhaunker stated, “The Palm Oil shipped from Kuala Lumpur, Malaysia to our facility in Virginia from our first licensee Premier Group has arrived and is ‘good to go’. We expect to be able to make major announcements at the presentation and look forward to presenting our family of technologies to new customers and investors from around the world.”

Axial Vector Energy Corp., a global solutions provider, is focused on owning, developing, investing in and licensing revolutionary technologies. The company’s cutting-edge technologies are designed to fulfill global engine and energy needs by delivering greater fuel-efficiency, cost effectiveness, versatility, and environmental sensitivity than ever before in venues from the commercial to the industrial.

Let us

Axial Vector Energy Corporation recently announced the sale of its first license to produce its multi fuel “work horse engines” in Malaysia. Premier Group, with headquarters in Kuala Lumpur, Malaysia signed the exclusive license agreement covering Malaysia, Indonesia and parts of Southeast Asia. The company agreed to produce a minimum of 5,000 workhorse engines to be configured for palm oil use only. The agreement calls for a non-refundable fee of $500,000 dollars as well as a durability pilot site for 5,000 hours. On completion of the durability testing, Premier will provide contract production in SE Asia for the engines, or may choose to open its own production facility.

Payment of $1,000,000 will be received both at the start up of the production facility and when the first engine is completed. The company will receive further milestone payments of $500,000 at completion of

Axial Vector Energy Corporation announced today that Emirates International Capital Advisory (EICA) will be financing the recently announced Joint Venture between Petrosonics LLC and AVEC called PETRO AVEC. The $7 million dollars of debt financing provided by Emirates Capital will be secured against AVEC’s ownership interest in the JV. EICA will be entitled to full repayment of its contribution from license fees received by the JV and will also have a five percent overriding royalty of per barrel income to the JV.

AVEC also announced in the press release that it is restructuring its credit agreement with EICA, which was suspended due to lack of delivery of its engines and generator technologies which are now being delivered and presented to customers.

Mr. Ahmed Khalifa, Chairman of AVEC, commented, “We are grateful to Emirates Capital for our new credit agreement and the financing of

Axial Vector™ Energy Corporation owns, develops and licenses internal combustion engine technologies. The company is applying these technologies to develop a new, smaller and lighter internal combustion engine that produces substantially more horsepower and three times more torque on less fuel than conventional engines of similar size. Although the internal combustion engine as we know it today may never meet the strong demand for cleaner and far greater fuel-efficiency, the Axial Vector engine is designed to easily meet these challenges.

The Axial Vector™ engine will target a number of specific military and industrial applications. The company is also developing a family of electric power generators incorporating its unique Axial Vector™ technology. These generators will consume less fuel per unit of electrical power output and are significantly smaller than any known internal combustion engine generator.

Adaptive Propulsion Systems has partnered with Axial Vector to

Axial Vector Energy Corporation (AXVC.PK), a global solutions provider who owns, develops and licenses advanced internal combustion engine and power generator technologies that have unlimited potential in military, industrial, and commercial applications around the world, has trademark applications pending with the United States Patent and Trademark Office and the Canadian Intellectual Property Office for protection of the mark “AV” and “AVE.”

Axial Vector Energy Corporation offers significant growth potential with its revolutionary engine and generator technologies. The company’s Piezoelectric Liquid Injector is a fuel or liquid injector, which includes a needle valve and a piezoelectric actuator that bears a hydraulic acceleration piston on its distal end. The actuator expands moving the piston toward the needle valve. Expansion of the piezoelectric actuator mechanically actuates the piston, and then increases the hydraulic pressure, which closes the fuel check valve, and accelerates the forward movement of