First Production Order Signed for GASCAM Engines Producing Revenue for Axial Vector Engine Corporation

First Production Order Signed for GASCAM Engines Producing Revenue for Axial Vector Engine Corporation

September 25, 2007

    PORTLAND, Ore., Sept. 25 /Xinhua-PRNewswire/ -- 

    Axial Vector Engine Corporation (OTC Bulletin Board:
AXVC) today announced the signing of an MOU with Eastcom
Ltd of London, United Kingdom for the production of AVEC
195 horsepower 605 torque gasoline engines for various
civilian applications.

    The agreement calls for a first run of 200 custom built
engines priced at $25,000 USD per engine. These engines have
been pre sold by Eastcom and will be installed in private
vehicles modified by DIGI TEC of Dubai United Arab
Emirates. Saloon cars, sports cars and even four wheel
drive vehicles of all makes are among the units agreed to
be modified.

    Samuel Higgins, CEO of AVEC had the following to say,
"This deal brings together the very essence of AVEC,
our allegiance is not to any particular brand of
automobile, we pledge our allegiance to the customer. The
fact that our engine is small enough and compatible enough
to fit in between the rear two tires of any vehicle sets us
apart from anything the world has ever seen in terms of
vehicle modification. We are extremely confident that this
efficiency will soon be integrated into the watercraft
industry. 

    AVEC will receive a 20% gross sales royalty payable 50%
in advance and 50% as each engine is produced by Eastcom.
Suppliers have been identified and purchase orders
released. Final assembly will be Dubai, United Arab
Emirates providing the first "home grown"
automotive business in the Emirate.

    Phase two of the agreement calls for expansion of
production to 2,000 engines and will be marketed to high
net worth individuals looking for an extra edge in
performance of their vehicles in the Gulf Cooperative
Council Countries, which includes Saudi Arabia, Bahrain and
Qatar, Oman Kuwait and the United Arab Emirates.

    The two main uses for these engines are in the
automotive and watercraft arenas. Exclusive top of the end
performance is demanded by customers around the GCC and
Eastcom's goal is to meet this demand with the world's most
efficient engine.

    Commenting at the signing of the deal, Arash Masom,
Managing Director of Emirates International Capital
Advisory, "We are proud to be involved in the final
step of the commercialization process of the AVEC engines.
Our client, Eastcom Ltd was shown the technology upon its
arrival to Dubai and it has now inked the first deal with
AVEC. This deal finally brings the superior power and
efficient fuel consumption technologies of AVEC engine into
everyday use, with oil prices at current levels, this
product has arrived in a very timely manner."

    About Axial Vector(TM) Engine Corporation, Axial
Vector(TM) Engine Corporation is a publicly traded company
(OTC Bulletin Board: AXVC) that owns, develops and licenses
proprietary intellectual property regarding unique internal
combustion engine technologies. We are applying these
technologies to develop an exciting, new, smaller and
lighter internal combustion engine that produces
significantly greater horsepower and three times more
torque on less fuel than conventional engines of similar
size.

    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.


    For more information, please contact:

     Samuel Higgins
     Axial Vector Engine Corporation
     One World Trade Center
     121 SW Salmon Street, Suite 1100
     Portland, OR 97204 USA
     Phone:   [phone]
     Email:   [e-mail]
     Website: http://www.axialvectorengine.com