October 7, 2009
Axial Vector Announces Penetration Into China
Axial Vector Energy Corporation ("AVEC") (PINKSHEETS: AXVC) (FRANKFURT: BAE1) announced today its plan to expand aggressively into China. Evotech Management Corporation ("EMC"), a global strategic management consulting and merchant banking firm, has been engaged by AVEC to develop a comprehensive plan and assist AVEC to enter China.
AVEC's advanced next generation energy technologies that have unlimited potential in industrial and commercial energy-related applications are best suited to address China's need for energy efficient technology. "The fact that AVEC's products and technologies provide a green foot print is ideal for China's new trend toward greentech," says Basilio Chen, Chairman and Managing Partner of EMC. China greentech markets are predicted to reach 15% of its GDP by 2013 according to the China Greentech Initiative. Read more
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