AXIAL VECTOR ENERGY CORPORATION ANNOUNCES APPOINTMENT OF WASHINGTON D.C. BASED LIEBMAN AND ASSOCIATES, INC TO HELP SECURE FEDERAL CLEAN ENERGY FUNDING Virginia Beach, Virginia (Marketwire) – May 24, 2010 - Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) announced today the appointment of Washington D.C.- based Liebman & Associates (L&A), http://www.liebman-associates.com/index.php, to help the firm secure federal and state clean energy funding. L&A is a leading clean energy and environmental technology consulting firm. L&A facilitates partnerships with the federal and state governments, through the National Laboratories, which provide world-class technical assistance, unbiased due diligence, and financial support in order to:
Over the last year alone, L&A secured approximately $800 million from federal and state governments supporting clean energy projects. Those projects include some of the nation's largest and most provocative clean energy and environmental infrastructure projects across the utility, industrial, residential/commercial building, telecommunications and transportation sectors. L&A's participation also helped its clients win national awards and recognition. Stated AVEC Chairman Sam Higgins, "Were extremely fortunate to have Liebman and Associates (L&A) representing AVEC and all of the AVEC joint venture partners in Washington D.C. L&A is very selective in accepting new clients but those who succeed in becoming clients typically do very well. They’re fast and effective and we very much look forward to working with them." 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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