ABOUT AVEC

Axial Vector Energy Corporation (AVEC) is a publicly traded, Portland — based company that owns, develops, and licenses revolutionary internal combustion engine and electric power generator technologies for use in automotive, power generation, appliance, and military application. AVEC employs its patent-pending "axial flux" engine and generator set (GENSET) technologies to produce highly efficient, cost-effective, and environmentally sensitive multi-fuel engines and motors that are scalable across a wide range and that can serve in both mobile and fixed-location settings. AVEC is currently finalizing the development and testing of its first axial flux engine and GENSET combination, and intends to begin deployment of these technologies in various applications in 2007.