Axial Vector(TM) Engine Corporation To Receive Standard & Poor's Listing

Standard and Poor's Listing Opens Up Additional States that Require Listing to Enable State Residents to Buy and Sell Shares Under Blue Sky Laws

PORTLAND, Ore., June 8 -- Axial Vector(TM) Engine Corporation (BULLETIN BOARD: AOME.OB) announced today that its company information will be made available via Standard & Poor's Market Access Program, an information distribution service that enables subscribing publicly traded companies to have their company financial information disseminated to users of Standard & Poor's Advisor Insight. Standard & Poor's Advisor Insight is an Internet-based research engine used by more than 100,000 investment advisors. A public version of the site is available at www.advisorinsight.com.

In addition, information about companies in Standard & Poor's Market Access Program will be available via S&P's Stock Guide database, which is distributed electronically to virtually all major quote vendors. As part of the program, a full description of Axial Vector(TM) Engine Corporation will also be published in the Daily News section of Standard Corporation Records, a recognized securities manual for secondary trading in approximately 37 states under the Blue Sky Laws.

"This is part of our plan to further develop our institutional investor relations and overall investor awareness in order to broaden our shareholder base and create more value.

Having an S & P listing of this nature, we believe will assist us in the increase of our shareholder base," said Dr. Raymond Brouzes, Axial Vector's President.

About Axial Vector(TM) Engine Corporation

Axial Vector(TM) Engine Corporation is a publicly traded company that owns proprietary intellectual property regarding unique internal combustion engine technologies. We are using these technologies to develop a new and exciting type of engine capable of producing significantly higher horsepower and torque on less fuel than conventional engines of similar size. Our first prototype engine is called the "Axial Vector(TM) Engine" and we initially expect it will have a number of 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. As with all our Axial(TM) Vector engines, the generator engine is multi-fuel and can adjust to diesel, fuel oil and kerosene on the fly. Special injectors can be easily added for use of gasoline or natural gas. Small generators can be used for home applications while larger units are transportable to remote sites for power-on-demand up to one mega watt or more. Installations can be in series to create scalable electricity on demand. Features will include wireless communication for remote diagnostics, servicing and management. Installation allows generators to automatically disconnect or reconnect to the power grid and automatically sense and adjust the engine to demand loads.

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, competition, and other economic factors. Additional risks and uncertainties are described in the Company's public filings with the Securities and Exchange Commission.