Axial Vector Energy Retains U.S.-Based Investor Relations Firm.
May 08, 2008
DUBAI, United Arab Emirates and Los Angeles - May 08, 2008 - Axial Vector Energy Corporation ("AVEC") (AXVC.PK) (Frankfurt: BAE1) today announced that it has retained Los Angeles-based Financial Profiles, Inc. for investor relations counsel.
Mr. Behzad Khakouei, AVEC's Director of Strategic Planning, said, "We have made considerable progress at AVEC. In March, we received the first order for our proprietary multi-fuel, power generator system (GENSET), the world's first true multi-fuel system and the world's only non-fossil fuel portable power generator. Our technology provides significant advantages such as less pollution, less noise, less fuel, less cost, more power and more durability. As we implement and achieve our business objectives including our near-term goal of initiating the manufacturing process, we look forward to increasing our visibility and expanding our relationships within the U.S. investment community. With a practice group dedicated to clean energy awareness, we believe Financial Profiles is best suited to guide this investor relations process."
Jonathan Destler, Principal of Financial Profiles, said, "Financial Profiles is partnering with established and early-stage clean energy companies to broaden awareness of the merits of clean energy and the important environmental impact that innovative companies like Axial Vector can offer. With decades of expertise across industries including energy and clean technology, our practitioners help clients anticipate the market's reaction to company developments and prepare them for the best outcome from investor communications and outreach. We welcome Axial Vector into our growing clean energy practice."
About Financial Profiles, Inc.
Financial Profiles, Inc. is an independent investor relations and financial communications agency. We help companies achieve business objectives through effective communication and address important issues that affect valuation and corporate reputation. www.finprofiles.com
Media and Investor inquiries:
Financial Profiles, Inc.
Kristen McNally / Casey Molda
310-277-4711
AVEC@finprofiles.com
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