AXIAL VECTOR ENGINE FEATURED COVER STORY IN AUTOMOTIVE INDUSTRIES MAGAZINE
Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1) announced today the VOL 188 current issue of Automotive Industries Magazine has been published featuring the Axial Vector Engine. The magazine and story can be viewed at http://www.ai-online.com and is also on the Axial Vector web site at www.axialvectorenergy.com.
Today's carmakers GM, Ford, Daimler, Chrysler, Renault/Nissan, BMW, Honda, Toyota, Hyundai and the major systems suppliers are building 50M+ vehicles per year and are constantly looking for new suppliers, new innovations and cost savings opportunities in today's difficult market for car makers, new fuel efficient technologies and new suppliers in low labor cost emerging markets. The auto industry is often considered to be one of the most global of all industries, (see report*) AI offers global media coverage for the industry and can position itself as the "Newsweek" magazine for the industry. By 2020 there are expected to be 1 billion cars on the planet. Reuters, CNN, Forrester Research.
Automotive Industries (AI) is the world's oldest continually published trade publication covering the automaking business. It was founded in November 1895 as "The Horseless Age," the first magazine created to cover the world's transition from horse-drawn conveyances to those powered by the new internal combustion engine. The magazine changed its name to "The Automobile" in July 1909, an era when gasoline, steam and electricity all vied for preeminence in motive power. The magazine's present name was established in November 1917. The title was briefly amended to "Automotive and Aviation Industries" during the World War II years, as the magazine expanded its coverage of technologies and production methods to include the aircraft industry, in which many automakers participated.
Samuel Higgins, Chairman of Axial Vector stated, "This Cover story has generated tremendous interest in our products from Global Auto Makers and many other specialized applications. We look forward to updating the investment community on our January 13 conference call as previously announced. It is rewarding for all involved to see products now ready for mass commercialization and working so well."
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.