Axial Vector Energy Corporation Announces Extension of Agreement with Redwood Consultants, LLC and Constellation Capital Management, LLC. Partnership to Assist in Shareholder Relations, Strategic Planning, and Joint Ventures DUBAI, UNITED ARAB EMIRATES, May 19, 2010 (Marketwire) - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) a developer of state-of-the-art green technologies, is pleased to announce today that the Company has renewed its contract with California-based firm, Redwood Consultants, LLC to continue assisting in shareholder relations and investor communications. Furthermore, the company is pleased to announce it will also continue its ongoing efforts with Redwood’s affiliate Constellation Capital Management, LLC to continue the development of AVEC’s joint ventures. AVEC Chairman Sam Higgins said, "Axial Vector has set the stage for significant growth. We believe that we are entering a strong period for new development and shareholder updates. We are very pleased to continue and announce our evolving relationship with Redwood Consultants and are committed to continue in providing timely and consistent updates to the investment community. We will be working closely with senior management of Redwood to keep the global investment community apprised of our progress at all levels." About Redwood Consultants, LLC Redwood Consultants, LLC is a full-service investor relations firm that works closely with emerging, publicly traded companies to communicate their value to the investment community and build and sustain greater investor sponsorship. Committed to their clients' success, Redwood's mission is to deliver highly credible information and comprehensive research on the corporate potential of the emerging companies they represent to the Wall Street community of analysts, institutional investors and retail stockbrokers. Redwood Consultants recognizes that small, innovative companies must align themselves with a trusted investor relations partner to successfully compete in today's new-market environment. Redwood is known throughout the financial community for their loyalty, integrity and credibility. For more information, see www.redwoodconsultants.com About Constellation Capital Management, LLC Constellation Capital Management, LLC (CCM) is a Novato, California based Merchant Banking firm. CCM's provides traditional Merchant Banking services to clients in the energy, specialty chemicals, high technology and health care industries. CCM is a minority partner in U.S. Windworks, LLC (USWW), AVEC's United States wind energy retrofit business. Principals of CCM were responsible for completing the leveraged purchase and initial public offerings of Chemdesign Corporation (NASDAQ), Calgon Carbon Corporation (NYSE), and Rexene Corporation (NYSE). CCM presently has investments in, and is assisting clients in the health care, defense technology, energy, and oil refining and processing industries. For more information, see www.constellationcapital.us About Axial Vector Energy Corporation Axial Vector Energy Corporation (AVEC) is a global solutions provider that owns, develops and licenses revolutionary internal combustion engine and electric power generator technologies that have unlimited potential in military, industrial and commercial applications. AVEC and its partners are positioned to become unrivalled leaders in international engine and energy markets with technologies that produce more efficient, cost effective, environmentally sensitive and versatile solutions for use in a wide variety of important applications around the world. The company also owns 40% of Petro Avec. For Further Information Please Contact: Axial Vector Energy Corporation
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