Whistler Investment (NASDAQ:WHIS)
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Whistler Investments, Inc (WHIS) Receives Three Million Dollar
Financing
LAS VEGAS, April 22 /PRNewswire-FirstCall/ -- Whistler Investments Inc.
(OTCBB: WHIS) (http://www.whistlerinvestments.com/) subsidiaries, R-Electric
Car Company (http://www.r-electriccar.com/), Global Electric Corporation,
(http://www.globalelectric.com/) and Solium Power Corp
(http://www.soliumpower.com/), emerging leaders in the development and
marketing of lithium ion vehicles and lithium ion powered products worldwide,
announced today that, further to the news release dated February 24, 2004,
Whistler Investments has now received the $3 million dollars from the
non-recourse loan to be collateralized by stock.
Holly Roseberry, President of Whistler stated that "coupled with having highly
desirable technology, this $3 million dollar financing places Whistler
Investments in a solid position to dramatically accelerate its development,
manufacturing and marketing of all its products."
On April 16, 2004 the "R-Car" was featured in the Vancouver Province Newspaper
written by Laura Balance.
"The new technology is centered on exceptionally powerful, lightweight
batteries with a very fast charging ability combined with a much longer energy
storage capacity. These lightweight devices and low-friction electric power
drive system allow the electric vehicle to accelerate at an amazing pace.
The specs on the R-Car are impressive: The five-speed gearbox allows top speeds
in excess of 150 km/h and a range of over 160 kilometers. Along with the
prototype, R-Electric also brought a retrofitted ATV as well as a
Harley-Davidson motorcycle, both converted to electric."
For more on this article please visit:
http://www.canada.com/vancouver/theprovince/news/archives/story.html?id(equal
sign)554d4246-3b68-4053-b1d5-d5cee37dbb8c
About Whistler
Whistler Investments, Inc. (WHIS) is emerging as a leader in the development
and marketing of Lithium Ion vehicles and Lithium Ion powered products
worldwide. Whistler believes our superior technology coupled with an aggressive
marketing plan will establish our company on the world stage. With the global
focus moving rapidly towards addressing pollution, the need for sustainable,
zero emission energy is current. As legislation is dictating a move towards
this type of energy, we foresee this industry as one of the fastest growing
segments within the global economy.
For more information about Whistler Investments, please visit our website at
http://www.whistlerinvestments.com/.
Forward Looking Statement
This press release may include forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. These statements are based on the Company's current
expectations as to future events. However, the forward-looking events and
circumstances discussed in this press release might not occur, and actual
results could differ materially from those anticipated or implied in the
forward-looking statements.
Contact:
Whistler Investments
Investor Relations:
(888) 669-1808 or (604) 646-5624
DATASOURCE: Whistler Investments, Inc.
CONTACT: Whistler Investments, Investor Relations: (888) 669-1808 or
(604) 646-5624,