ACE

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Advanced Engine Components Limited (AEC) is an Australia-based company that is principally engaged in the commercialization of the AEC Natural Gas Vehicle System (NGVS). The Company operates in Australia, China and France. In Australia, AEC provides technical support and spare parts for AEC NGVS powered buses in Perth, Adelaide and Canberra. AEC has entered into alliances with original equipment manufacturers of engines, through which natural gas engines are developed for sale. During the fiscal year ended June 30, 2006, the Company signed a memorandum of understanding with Automotive Corporation of Pakistan (ACP). ACP imports and distributes international vehicles, including FAW vehicles, into Pakistan, together with the manufacture, fabrication and after sales services for specialized vehicles.


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