Trading Begins on Frankfurt Stock Exchange Emirates International Capital Advisory Files 13 D on Axial Investment
November 29, 2007
Dubai, United Arab Emirates — November 29, 2007 — Axial Vector Engine Corporation (Pink Sheets: AXVC-NEWS; Frankfurt Symbol: BAE1) today announced that trading has commenced on the Frankfurt Stock Exchange. Ahmed Khalifa Director stated" this approval is in line with our intentions to provide European and Gulf Cooperation Council Investors with better access and information regarding our company."
The company also confirms that Emirates International Capital Advisory has filed form 13 D concerning its investment and intentions regarding Axial Vector.
Arash Masom, EICA Managing Director said "Our continued investment in Axial shows our commitment to vastly increase our shareholder base while simultaneously adding value by deploying our hybrid engines and gensets to an electricity needing world.
We are prepared to invest in or acquire any businesses that will assist us in a rapid global rollout of the Axial Vector Engine and gensets."
About Emirates International Capital Advisory
Emirates International Capital Advisory (EICA) www.emiratescapital.net is a Dubai based advisory firm chaired by His Royal Highness Sheikh Marwan bin Mohammed bin Rashid Al Maktoum. The firm provides advisory services on investments in the United Arab Emirates and abroad on behalf of its clients in various aspects of commerce.
The firm actively seeks out opportunities to invest its capital by taking positions in ventures that have promising returns. EICA continuously seeks out niche markets that have been overlooked and targets best in class solutions and groundbreaking technologies to bring to market.
EICA's highly professional staff, coupled with its vast network of resources, provides it with agility to quickly mobilize resources to secure strategic positions. Drawing upon 25 years of financial and advisory expertise, EICA is able to methodically and successfully execute, establishing a position as one of the leading 'home bred' advisory firms in the region.
Axial Vector™ Engine Corporation is a publicly traded company (OTC Pink Sheets: AXVC) that owns, develops and licenses proprietary intellectual property regarding unique internal combustion engine technologies. AVEC is applying these technologies to develop an exciting, new, smaller and lighter internal combustion engine that produces significantly greater horsepower and three times more torque on less fuel than conventional engines of similar size.
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, completion, and other economic factors. Additional risks and uncertainties are described in the Company's public filings with the Securities and Exchange Commission.
For Further Information Please Contact:
One World Trade Center
121 SW Salmon Street, Suite 1100
Portland, Oregon USA
(503) 471 1348
www.axialvectorengine.com
Axial Vector Engine Corporation
503-471-1348
avec@emiratescapital.net
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