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Axial Vector to present at The Friedland Equities Global Investment Forum in Dubai

  • United Arab Emirates: Wednesday, September 17 - 2008 at 11:43
  • PRESS RELEASE

Axial Vector Energy Corporation ("AVEC") 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.

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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 $4m 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.
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