Axial Vector(TM) Engine Corporation (OTC Bulletin Board: AXVC) announced today that its presentation at the RedChip Conference will be webcast this afternoon, February 12, 2007, 4:15 PM MDT at the following link:


RedChip Webcast: http://www.modavox.com/events/redchip/0207/room2/


This presentation will be viewable in real-time providing shareholders and other interested persons not able to attend with an update on AVEC's new developments and progress toward commercialization of its family of engines, generators, GENSETS and small electric motors for refrigerators and air conditioning systems.


For more information, please contact info@axialvectorengine.com.


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 engine generators.


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.


For Further Information Please Contact:


DR. RAYMOND BROUZES, PRESIDENT & CEO


One World Trade Center


121 SW Salmon Street, Ste 1100


Portland, OR 97204


503-471-1348


http://www.AXIALVECTORENGINE.COM


info@AXIALVECTORENGINE.COM


REDWOOD CONSULTANTS, LLC


+1-415-884-0348


INVESTORINFO@REDWOODCONSULTANTS.COM