In the company’s news yesterday,
Axial Vector Energy Corp. announced that it has retained Redwood Consultants, LLC, a full-service investor relations firm based in California, to assist in shareholder relations and investor communications. Redwood will also play a crucial role in the company’s strategic planning and implementation of its upcoming wind power generation business.
Managing Director of Redwood Consultants, Jens Dalsgaard, stated, “Redwood is extremely pleased to resume its longstanding relationship with Axial Vector. Redwood’s recent addition of Bill Gilliam as Senior Advisor will enable Axial Vector to benefit from Bill’s 15 years of extensive merchant banking experience especially in the U.S. Independent Power Industry. Bill has already made several key introductions to major players in the California wind markets on behalf of Axial Vector. Lastly, we believe that Axial is committed to providing timely and consistent updates to the investment community. We will be working closely with senior management of Axial in Dubai to keep the global investment community apprised of progress at all levels.”
Redwood Consultants Senior Advisor William Jeffrey Gilliam added, “Axial Vector management’s continuing development of the company’s unique and proprietary linear power transmission design technology is well positioned to achieve near term success in several of the company’s enormous target markets. In particular, Axial Vector’s proprietary coreless axial flux permanent magnet generators are a significant innovation for the worldwide wind power industry.”
“We believe the Axial Vector prototype 100 KW generator’s efficiency advantages over traditional generator technology will allow wind generation facilities to operate and generate electricity in low wind conditions. This increased efficiency will be of particular interest to existing wind projects by allowing the existing operator to sell more power to its host utility. Redwood is honored to be selected to assist Axial Vector management in its market communications and strategic planning efforts,” Gilliam continued.
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