Scottsdale, Arizona 4/4/2009 12:58:25 AM
News / Finance

Axial Vector Energy Corp. (AXVC.PK) Appoints Miguel A. Gonzales as the Director of the Company and Head of the Audit Committee

QualityStocks would like to highlight Axial Vector Energy Corp. (PINKSHEETS: AXVC). The company 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.

 

In the company’s news yesterday,

 

Axial Vector Energy Corporation announced that it has appointed Miguel A. Gonzales as the Director of the Company and Head of the Audit Committee. Mr. Gonzales has more than two decades of financial and legal experience. As Managing Director of the Latin American office, he provides valuable expertise in International Licensing and Commerce.

 

Mr. Gonzales will be responsible for coordinating the legal and accounting aspects of the business throughout the company to prepare and move the corporation’s publicly traded stock to the American Stock Exchange (NYSE AMEX). He will also be coordinating on the legal and accounting aspects in the new Las Vegas, Nevada office, which will be announced shortly.

 

Mr. Ahmed Khalifa, Chairman of the Board stated, “We are honored to have Mr. Gonzales on board, as a previous director of bank and the legal advisor for an international pharmaceutical company, we are confident that Axial Vector will quickly move up to its desired listings. His experience with licensing at the international level will be valuable as AVEC embarks on its licensing negotiations worldwide.”

 

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.