DUBAI--28 Mar--PRNewswire-AsiaNet/InfoQuest Wiser Financial Services LLC announced today the signing of an agreement with Axial Vector Engine Corporation (OTC Bulletin Board: AXVC). Under the terms of the agreement, Wiser Financial Services will provide a two-year $5 million bond financing to AVEC. AVEC also agreed to issue a three-year warrant to Wiser Financial Services providing it with the right to purchase 500,000 restricted common shares of Axial Vector at a price of $5.00 per share. "Inspired by the great potential for AVEC technology, Wiser Group is excited to announce the signing of the investment bond agreement and is confident of the success and profitability of its new endeavors," said His Highness, Sheikh Jassim Bin Humaid Al-Qassimi, Chairman of Wiser Group. "We believe we are embarking into a revolutionary era of technology investment. The opportunity to invest in AVEC represents an ideal platform for continued and determined growth of our investment portfolios," noted Dr. Mohammad Lashteghani, Chief Executive Officer of Wiser Group. AVEC is pleased with the new bond agreement with Wiser Group. Dr. Raymond Brouzes, President of AVEC remarked, "The bond agreement is particularly significant to AVEC since it enables the company to utilize further available venues for research and development. By allowing the company to be introduced to the Middle East market with a solid and well-reputed partnership, we believe that Wiser Group is an excellent choice and are very proud and excited to be affiliated with such a prestigious group." About Wiser Group Wiser Group is a private Global Company registered and functioning under the laws of the Dubai, U.A.E. government. Incorporated with our company are Wiser Oil, Wiser Financial Services LLC, Wiser Legal Consultants and Wiser Mining. We have been involved in international trade and product distribution for over the last two decades. Our primary objective is to promote, sell, distribute, represent and supply products and service capabilities overseas. Our activities span many industries and include oil and gas, heavy oil products, advanced power saving technologies, mining, business consultancy, finance and shipping. We operate on a global basis and concentrate our efforts in the Gulf region and the MiddleEast. We have a proven history of acting as a highly efficient Supplier contact for various companies throughout the region and other overseas countries that are wishing to promote and market their services and products abroad. Our senior management team is very well connected domestically and abroad. We have the business and strategic governmental contacts to expedite most manners thatinfluence international transactions, trade and distribution. Wiser Group LLC has carefully cultivated a network of contacts that can greatly benefit any company pursuing business opportunities abroad. It also offers Legal Consulting Services. Wiser Group serves clients in the regional market, in the Middle East and other parts of the world. www.wisergroup.net About Axial Vector(TM) Engine Corporation Axial Vector(TM) Engine Corporation is a publicly traded company 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. The internal combustion engine as we know it today may never comply with mandated pollution standards and meet the strong demand for cleaner and far greater fuel-efficiency engines. We see the Axial Vector(TM) as the engine design that will comfortably meet these challenges, and more. Key entry markets for the Axial Vector(TM) engine include a number of specific military and industrial applications. Additionally, we are developing a family of electric power generators incorporating our unique Axial Vector(TM) technology. The generators will consume less fuel per unit of electrical power output and are considerably smaller than any known internal combustion enginegenerators. www.axialvectorengine.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, andproducts 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 Further Information Please Contact: REDWOOD CONSULTANTS, LLC +1 415 884-0348 [email protected] SOURCE: Axial Vector Engine Corporation CONTACT: REDWOOD CONSULTANTS, LLC, +1-415-884-0348 or [email protected] , for Axial Vector Engine Corporation Web site: http://www.axialvectorengine.com --Distributed by AsiaNet ( www.asianetnews.net )--