Finished Production Units to be Introduced at Dubai WETEX 2008
Axial Vector Engine Corporation announced that the company's finished production units will be presented at the Water, Energy Technology and Environment Exhibition ("WETEX") 2008 in Dubai, March 11-13, 2008.
Ahmed Khalifa, Acting CEO stated, "WETEX is the perfect choice for our long awaited rollout of our finished units and beginning of our order taking for our 200 KW units. This ability to 'join' up to five units, creating one megawatt of on demand low cost power, deliverable anywhere using the first true multi-fuel system, will definitely be a big hit at this year's event."
World power demand for this size portable power is thousands of megawatts short each year. Coupled with world oil process hovering at such high levels. Our research and analysis indicates that AVEC is able to net several cents per kilowatt-hour produced. This potential new stream of cash flow will further strengthen the AVEC balance sheet.
WETEX 2008 is an important regional resourcing platform for national and international companies to access wide range of latest technology and management solutions. This event also provides avenue for industry leaders to keep abreast of the latest developments in the Gulf region in the field of Water, Energy and Environment, as well to network and tie up with strategic partners to pursue innovative solutions.
WETEX 2008 will hold the convergence of Decision-makers, representatives from Government Organizations, Policy markers, Trade associations and Chamber of Commerce around the world.
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