Axial Vector Retains Redwood Consultants, LLC to Assist in Shareholder
  Relations and Strategic Planning

Business Wire

DUBAI, United Arab Emirates -- October 27, 2008

Axial Vector Energy Corporation ("AVEC") (Pink Sheets: AXVC) (Frankfurt: BAE1)
is pleased to announce it has retained California-based Redwood Consultants,
LLC to assist in shareholder relations and investor communications. In
addition, Redwood will be working closely with the company in the strategic
planning and implementation of its upcoming wind power generation business.

Jens Dalsgaard, Managing Director of Redwood Consultants, stated, “Redwood is
extremely pleased to resume its longstanding relationship with Axial Vector.
Redwood’s recent addition of Bill Gilliam as Senior Advisor will enable Axial
Vector to benefit from Bill’s 15 years of extensive merchant banking
experience especially in the U.S. Independent Power Industry. Bill has already
made several key introductions to major players in the California wind markets
on behalf of Axial Vector. Lastly, we believe that Axial is committed to
providing timely and consistent updates to the investment community. We will
be working closely with senior management of Axial in Dubai to keep the global
investment community apprised of progress at all levels.”

Redwood Consultants Senior Advisor William Jeffrey Gilliam stated, “Axial
Vector management’s continuing development of the company’s unique and
proprietary linear power transmission design technology is well positioned to
achieve near term success in several of the company’s enormous target markets.
In particular, Axial Vector’s proprietary coreless axial flux permanent magnet
generators are a significant innovation for the worldwide wind power industry.
We believe the Axial Vector prototype 100 KW generator’s efficiency advantages
over traditional generator technology will allow wind generation facilities to
operate and generate electricity in low wind conditions. This increased
efficiency will be of particular interest to existing wind projects by
allowing the existing operator to sell more power to its host utility. Redwood
is honored to be selected to assist Axial Vector management in its market
communications and strategic planning efforts.”

About Axial Vector Energy Corporation

Axial Vector Energy Corporation (AVEC) 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. For more information, see
www.axialvectorenergy.com.

For investor information on Axial Vector Energy, visit:
http://AXVC.QualityStocks.net.

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About Redwood Consultants, LLC

Redwood Consultants, LLC is a full-service investor relations firm that works
closely with emerging, publicly traded companies to communicate their value to
the investment community and build and sustain greater investor sponsorship.
We are committed to our clients’ success. Our mission is to deliver highly
credible information and comprehensive research on the corporate potential of
the emerging companies we represent to the Wall Street community of analysts,
institutional investors and retail stockbrokers. Redwood Consultants
recognizes that small, innovative companies must align themselves with a
trusted investor relations partner to successfully compete in today’s
new-market environment. We are known throughout the financial community for
our loyalty, integrity and credibility. For more information, see
www.redwoodconsultants.com.

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.

Contact:

Investor Contact:
Redwood Consultants, LLC
Jens Dalsgaard, Managing Director, 415-884-0348
or
QualityStocks.net
Michael McCarthy, 480-308-0703
editor@QualityStocks.net
http://www.QualityStocks.net
or
Axial Vector Energy Corporation
inquiry@axialvectorenergy.com
Building 21
Jebel Ali Free Zone
Dubai
United Arab Emirates

Last Updated: October 27, 2008 10:34 EDT