Axial Vector Announces Ahmed Khalifa as New Chairman of the Board of Directors.
Company to hold Investor Conference Call Feb 27th.
Febuary 20, 2008
Dubai, United Arab Emirates – February 20, 2008, Axial Vector Engine Corporation (Symbol: AXVC.PK - Frankfurt Symbol: BAE1) today announced the appointment of Mr. Ahmed Khalifa as Chairman of the Board of Directors.
On February 27th, 2008 at 4:15 pm Eastern Standard time Mr. Khalifa will host an investor conference call to update the investment community on the global launch of its ultra efficient GENSETs and other important breakthroughs.
Completed 200kw GENSET is confirmed for air shipment on March 3, 2008 to Dubai.
Ahmed Khalifa stated, “With the launch of our first products now imminent and our pending project finance agreement with Emirates Capital we can now fully execute our business plan of bringing lower cost electricity, engines and many other important products to the worlds markets.”
Mr. Khalifa further stated “our global conference call will include members of our staff and senior officials of Emirates International Capital Advisory (www.emiratescapital.net) who will preview our unique financing system to allow rapid deployment of our products to be produced and sold in large quantities”.
Conference Participant:
1. At the specified time, dial the Access Number 1.800.704.9804.
2. When prompted, enter your Participant Code followed by #.
3. Your Participant Code is 986729#.
For International Access Call 1 404 920 6604
For Further Information Please Contact:
Axial Vector Engine Corporation
503-471-1348
avec@emiratescapital.net
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