Axial Vector to Present at The Friedland Equities Global Investment Forum in Dubai United Arab Emirates Oct 27th
Axial Vector Energy Corporation ("AVEC") (Pink Sheets:AXVC) (FWB:BAE1) today announced it has been invited to present its breakthrough technologies at the prestigious Friedland Global Equities forum at the Burj Al Arab Hotel on Monday, October 27, 2008.
Sanjai Chhaunker, President and CEO, will present attendees with an overview of the growth strategies for its energy saving engines, generators and electric motors.
He will also address the company’s recent acquisition activity and how the company will expand its business segments through internal development and acquisitions.
Many $4 million energy and green development companies are stranded without an exit strategy and burdened by their own development and cost structure. AVEC will focus on acquiring these synergistic companies for low multiples while stripping out redundant costs and consolidate prototyping and development teams.
He said the company expects to become profitable in calendar 2008.
At the Global Equities Forum conference, both public and privately-held companies will have the opportunity to present and network with hundreds of Gulf investors, investment bankers, fund managers, analysts and other members of the financial community. The conference brings together Alternative Energy, Life Sciences, Technology, Oil & Gas, Mining and a host of other growth companies and investors in a stimulating, intellectual and social environment.
*Source: ME NewsWire on behalf of Business Wire
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. For the company website, please visit: www.axialvectorenergy.com.
For investor information on Axial Vector Energy, visit: http://AXVC.QualityStocks.net.
To be added to the Company's email distribution for future news releases, please send your request to AVEC@emiratescapital.net.
Al Bawaba