Axial Vector Energy Corp. announced this morning that its Joint Venture Company, PETRO AVEC, will be presenting its oxidative desulphurization and heavy oil upgrade technology at the Global Refining Strategies Conference in Houston, Texas on October 29-30, 2009.

The Global Refining Strategies Summit 2009 attracts the most knowledgeable and influential refining leaders from across the globe. It is recognized as the world’s showcase to explore dynamic strategies and benchmark the latest technologies designed to overcome the economic and environmental issues facing the world’s refiners today.

Dr. Mark Cullen inventor and Managing Partner stated, “With our global patent footprint now essentially complete, we will be introducing our sulphur removal and oil upgrade technology and results to the world. Third party data of our accomplishments as well as mass commercial deployment will also be presented.”

AVEC Chairman Ahmed Khalifa added, “This invitation underlines the importance

Axial Vector Engine Corp.’s family of high-power “Axial Flux” coreless electric generators is capable of reaching 98.5% efficiency in converting mechanical to electric energy. The company’s Axial Vector Engine is designed to be seamlessly integrated with two 100 kW Axial Flux generators to create a 200 kW generator set (GENSET) that is expected to become AVEC’s first commercially marketed product.

Currently, the global market for under one megawatt of power is estimated to be at $14 billion. According to the company, their systems produce power at a much lower cost and are able to operate on multiple fuel types, reducing the dependence on foreign oil sources. The GENSETs’ ability to run on diesel, jp8, jp5, biodiesel, vegetable oils, etc. makes the technology incomparable to existing power producing technology.

Earlier last year, Axial Vector stated in a conference call that it is able to price the

Today, the very large and rapidly growing number of electric motors, many that are highly inefficient, consume nearly 50% of the world’s electricity. In the USA alone, the Department of Energy (DoE) reports that electric motors consume almost 60% of all generated electrical power. A rather surprising statistic shows refrigeration for homes and offices consumes nearly 10% of the world’s energy. Electric motors powering the HVAC (heating, ventilation and air conditioning) systems in commercial buildings account for approximately 50% of the building’s total electric costs.

Axial Vector Engine Corp (AXVC.PK) is a publicly traded global solutions company that owns, develops, and licenses revolutionary combustion engine and electric power generator technologies for use in automotive, power generation, appliance, and military application. Their patent-pending “axial flux” engine and generator set (GENSET) technologies produce highly efficient, cost-effective, and environmentally sensitive multi-fuel engines

Axial Vector Engine Corporation (OTC: AXVC.PK) owns, develops and licenses proprietary intellectual property regarding unique internal combustion engine technologies. By developing these novel technologies, Axial Vector™ has the ability 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.

The company has seen steady growth over the years, but not until now have they received substantial attention. Recently, The Green Baron Report issued a summary saying they believe Axial Vector will begin to move up literally any day now. During the entire years of 2005 and 2006 the company’s share prices were between $1 and $5 per share without any revenue generating orders and without the support of an institution with Dubai Royal Family ties. Since then, the company has

Axial Vector Engine Corporation is well known for their unique electric engine and internal combustion engine technologies. They have a reputation for their strength, durability and fuel efficiency, similarly the company’s Advisory Board has a well known reputation. The Advisory Board is comprised of distinguished senior executives who use their extensive experience and expertise in the industry to provide in-depth analysis regarding the strategic development of potential applications that utilize the company’s revolutionary new technologies.

The Chairman of the AVEC Advisory Board is Dr. Jack Walter, a long time engineer by trade with ties in the energy and manufacturing industries. Dr. Walter received his BS degree in Chemical Engineering, Summa Cum Laude, from the University of Florida, and his MS and PhD from the University of Pittsburgh. Having graduated with such an advanced education, he brings a wealth of knowledge

Axial Vector Engine Corporation is a firm based in the United States that that owns, develops and licenses proprietary intellectual property with unique electric-engine and internal-combustion-engine technologies. These engines are much different than traditional engines in that they create greater horsepower and torque while using less fuel. The engines have 50% fewer moving parts than traditional engines, which can mean lower maintenance and repair fees, as well as significant weight and size reduction. Axial Vector’s engines are easy to adapt, not just for motorized vehicles but for a plethora of applications.

The electric motors created by Axial Vector use the most efficient electric motor technology developed, derived from the most efficient generator technology to date. These powerful electric units can be placed in refrigerators, washing machines, dryers and other such units and will result in huge savings in electricity consumption