Shipping of Production Unit Set 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.
February 14, 2008
Dubai, United Arab Emirates – February 14, 2008, Axial Vector Engine Corporation (Symbol: AXVC.PK - Frankfurt Symbol: 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 along 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 worlds 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 sub contractors have now been sourced for large unit production capability.
For Further Information Please Contact:
Axial Vector Engine Corporation
503-471-1348
avec@emiratescapital.net
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