Axial Vector™ Engine Corporation Hires Financial Executive to Manage Corporate Communications
Company Hires Former Public Relations Executive With Mechanical Engineering Background as Spokesperson and Director of Communications.
Sep 22, 2005
PORTLAND, Ore., Sept. 22 — Axial Vector™ Engine Corporation (OTC BB:AXVC), a company developing exciting and potentially revolutionary internal combustion engine technologies, announced today they have hired Brian Thomas, a former public relations executive with a degree in Mechanical Engineering from the Rochester Institute of Technology, to serve as Director of Corporate Communications.
Mr. Thomas has over 20 years of experience in public relations, mergers, acquisitions, business development and web design. In addition, he has taken his own company public in the retail auto parts industry. Mr. Thomas earned a degree in mechanical engineering as well as a two year minor in internal combustion engines. An avid automotive enthusiast, Mr. Thomas has raced in a number of amateur sanctioning bodies including the SCCA, NASCAR, NHRA, IHRA and various other regional clubs.
'I am very excited to be involved with the Axial Vector™ Engine Corporation,' commented Brian Thomas shortly after accepting the position. 'The reason I accepted this position is that I believe Axial Vector is on the verge of something revolutionary, with implications that could change how power is made in a number of applications worldwide. Additionally, I felt the timing was perfect to bring to market new engine technology that makes more power and consumes less fuel.'
'We are happy to have Brian join our team and look forward to his continued input. The fact that he has a degree in mechanical engineering and public relations experience certainly was a positive factor in hiring him,' said Dr. Raymond Brouzes, President of Axial Vector Engine Corporation. 'He is one of a select few Wall Street types that is just as comfortable rebuilding an automobile as he is drafting a news release.'
About Axial Vector™ Engine Corporation
Axial Vector Engine Corporation is a publicly traded company that owns, develops and licenses proprietary intellectual property regarding unique internal combustion engine technologies.We believe the fundamental economic conditions that ruled since the development of the internal combustion engine over 100 years ago no longer exist. In today's world of high fuel and oil costs, energy efficiency, weight, and space are the only things that count.
We are developing and commercializing an exciting and potentially revolutionary internal combustion engine that converts combustion energy into rotational energy without the use of a traditional crankshaft. The engine is lighter, smaller, and has fewer moving parts than a traditional engine. Our engine is able to run on multiple fuels, while making more power at lower RPMs than traditional engines. These innovative engines will be suitable replacements for existing engines in a number of industrial categories.
Key entry markets for the Axial Vector ™ Engine include a number of specific military and industrial applications. Additionally, we are developing a family of electric power generators (GENSETS) incorporating our unique Axial Vector™ technology. The GENSETS will consume less fuel per unit of electrical power output and are considerably smaller than any known internal combustion engine generators.
For further information; Dr. Raymond Brouzes, President Axial Vector™ Engine Corporation 503-471-1348 info@axialvectorengine.com http://www.axialvectorengine.com
Forward-Looking Statements
This press release may be deemed to contain forward-looking information. Any forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements, including statements as to industry trends, future economic performance, anticipated profitability, anticipated revenues and expenses, and products or service line growth, may be significantly and materially impacted by certain risks and uncertainties, including, but not limited to, failure to meet operating objectives or to execute the operating plan, competition, and other economic factors. Additional risks and uncertainties are described in the Company's public filings with the Securities and Exchange Commission.SOURCE Axial Vector Engine Corporation
Source: PR Newswire (September 22, 2005 - 12:53 PM EDT)
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