Axial Vector Energy Corporation, Petro-AVEC announce formation of Petro-AVEC North America

Notes and media contacts

About Petrosonics, LLC:

Petrosonics, LLC is a privately held, development stage, U.S. based oil refining and production Technology Company. Petrosonics' patented products and services utilize high power ultrasound energy in order to reduce sulfur, nitrogen, and trace metals in refinery intermediates and product streams. Intermediates and product streams receiving the Petrosonics treatment show reductions in oil density and viscosity, reduced hydrogen use/loss, and increases in API specific gravity and volume. The proprietary Petrosonics technology has additional application in treating and/or pretreating sour crude oils. Petrosonics was formed in 2001 by Mark Cullen, M.D. Dr. Cullen was previously the President and CEO of SulphCo (AMEX SUF). Today, Petrosonics owns all of the significant intellectual property associated with ultrasound assisted oxidative desulphurization of all oil fractions and the upgrade and desulphurization of crude oil.

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.

About Constellation Capital Management, LLC:

Constellation Capital Management, LLC (CCM) is a Novato, California based Merchant Banking firm. CCM's provides traditional Merchant Banking services to clients in the energy, specialty chemicals, high technology and health care industries. CCM is a minority partner in U.S. Windworks, LLC (USWW), AVEC's United States wind energy retrofit business. Principals of CCM were responsible for completing the leveraged purchase and initial public offerings of Chemdesign Corporation (NASDAQ), Calgon Carbon Corporation (NYSE), and Rexene Corporation (NYSE). CCM presently has investments in, and is assisting clients in the health care, defense technology, energy, and oil refining and processing industries.

About Emirates International Capital Advisory:

Emirates International Capital Advisory (EICA) is involved in investing, trading and research in worldwide global equity and debt markets. In addition to substantial real estate investments and holdings, EICA has recently devoted considerable time and effort to investments in nano cap and micro cap equities. EICA and its affiliates have investments in Axial Vector Energy Company and PureSpectrum, Inc. In addition, EICA and its affiliates play an important role in the U.S. Windworks (a joint venture involving Axial Vector Energy Company and Constellation Capital Management, LLC) and Petro-AVEC (a joint venture between AVEC Acquisitions and Petrosonics, LLC).

Media contact:

Mitzelle Malabanan
AVEC
LOB 21-F07, Jebel Ali Free Zone
P.O. Box 262147
Dubai, United Arab Emirates
Telephone: +971 4 887 5351
Facsimile: +971 4 881 7835