Axial Vector Energy JV, PETRO-AVEC LLC, Appoints Dubai-Based Oil Executive Dr. Mazin Samman to Licensing Negotiating Team; Adds Extensive Middle East, Asian and Russian Oil Industry Expertise

DUBAI, United Arab Emirates--(Business Wire)--
Axial Vector Energy Corporation ("AVEC") (Pink Sheets:AXVC) (Frankfurt:BAE1)
announced today that its PETRO-AVEC LLC JV appointed Dubai-based oil executive
Dr. Mazin Samman, former Managing Director of United Oil Investments/Hadramout
Refineries Company in Dubai, United Arab Emirates and Sana'a, Republic of Yemen,
to its international licensing negotiating team.

Dr. Mazin Samman, a Saudi national, educated/oil industry trained in the U.S.
and resident, from time to time in, Italy, Lebanon, Thailand, the U.S., the U.K.
and the U.A.E, is a capable Arabic, English, French and Italian linguist. He is
highly experienced in bringing diverse experts together from multiple
continents, governments, companies and organizations to authorize, design,
finance, construct and operate large scale oil projects. A recent case in point
includes the authorization, design, financing, construction and turn-key
operation of a new construction domestic/export refinery on the outskirts of the
coastal city of Mukalla, in the Republic of Yemen. The effort required
coordination with multiple governments, agreements with various oil companies,
including Luk Oil in Switzerland, engineering and construction contracts with
the consortium of Samsung and SK Engineering in Korea, and credit agreements
with the Korean Export-Import (EMIM) Bank, requiring a Korean ECA guarantee.

In Russia, Dr. Samman's projects extended as far as the remote Pacific Island of
Sakhalin, just north of Japan. Dr. Samman was responsible for Russian government
negotiations/authorizations/long term relations, financing, new refinery
design/construction, existing infrastructure upgrade, product procurement, crude
oil sales and refining operations.

In the Americas, on behalf of Nimir Petroleum in Dallas, TX, Dr. Samman
co-managed a team responsible for securing senior financing from Morgan Stanley
and Chase Manhattan Bank to complete the acquisition of HOCOL-Shell in Columbia.

In his native Saudi Arabia, Dr. Samman assisted Saudi Aramco in a number of
endeavors, including the securing of contractors like MMG (Mohammad Almojil
Group) for various large scale construction projects.

Commenting on the appointment, Dr. Samman stated, "In all of my years working
with the oil industry, the Petro-Avec Joint Venture ranks potentially as one of
the most exciting. Having experienced a relative drought of exciting new
technology in the oil industry since the 1970s, it was just a matter of time
before someone came up with something really revolutionary and I'm just excited
to be a part of it. The industry very much needs this type of innovation and the
third party assessed economics behind it are very compelling. I should think
this would be fairly easy to license internationally and I look forward to
working on that immediately."

Dr. Mark Cullen, Managing Director at Petro Avec LLC, stated, "I had the
pleasure of meeting Dr. Samman on my most recent trip through the Middle East.
He is the most impressive individual and I look forward to working closely with
him."

AVEC Chairman Mr. Ahmed Khalifa stated, "An exciting, industry-changing
technology deserves the help of exciting, industry-changing leaders. We are
extremely fortunate to secure the assistance of Dr. Samman and look forward to
much success together. We have additional candidates in mind for assisting with
rapid licensing and hope to announce those appointments shortly."

About PETRO-AVEC LLC

PETRO-AVEC LLC is a joint venture between AVEC and Petrosonics LLC to develop,
finance and market Petrosonics sulfur removal technology globally. The joint
venture is owned 60% by Petrosonics LLC and 40% by AVEC.

About Petrosonics, LLC

Petrosonics, LLC is a privately held, 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 has acquired and continues to expand its patent
portfolio for all of the significant intellectual property associated with
ultrasound assisted oxidative desulphurization of 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, invest in and licenses revolutionary technologies including, 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.

Forward-Looking Statements

This press release may be deemed to contain forward-looking information. Any
forward-looking statements are made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. Forward-looking
statements, including statements as to industry trends, future economic
performance, anticipated profitability, anticipated revenues and expenses, and
products or service line growth, may be significantly and materially impacted by
certain risks and uncertainties, including, but not limited to, failure to meet
operating objectives or to execute the operating plan, completion, and other
economic factors. Additional risks and uncertainties are described in the
Company's public filings with the Securities and Exchange Commission.

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Axial Vector Energy Corporation
Phone: 971 4 887 5351
inquiry@axialvectorenergy.com
or
Redwood Consultants, LLC
Jens Dalsgaard, Investor Contact
(415) 884-0348
www.axialvectorenergy.com
www.PetroAvec.com

Copyright Business Wire 2009