Tuesday, November 25, 2008

Axial Vector Engine Corp. (AXVC.PK) Takes Action to Combat Rising Energy Demand

The world population continues to rise and more devices are requiring greater amounts of power to operate at full capacity. This dilemma further escalates when one considers the rising middle class around the work, increasing the demand for power. This trend can continue, but only if there are renewable sources of energy to replace the energy drawn from quickly depleting oil fields.

The United Arab Emirates (UAE) is a prime example of the soaring power demand. Vipin Sharma, Tripp Lite vice president for EEMEA and India sales, stated, “The swelling demand for power in the UAE is being fuelled by the rapid increase in population and unprecedented growth in the nation’s economy, all of which requires tremendous amounts of electricity.”

Axial Vector Engine is seeking to relieve this power stress by developing highly efficient engines that can run on multiple types of fuel as well as marketing the next generation of generators for the wind power industry. The company also has their GENSETS that reach 98.5% efficiency in converting mechanical energy to electric energy.

There is little question about Axial’s lock on technologically superior products. With automotive, military, power production, and even appliance applications, every market is available to them with huge revenue potential.

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