Whistler Investment (NASDAQ:WHIS)
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Whistler Investments (WHIS) corporate update & onsite tour
Whistler surpasses development expectations and unveils the latest development
addition to the world at scheduled facility tour in CA
LAS VEGAS, NV, July 23 /PRNewswire-FirstCall/ -- Whistler Investments Inc.
(NASDAQ:WHISNASDAQ:-NASDAQ:www.whistlerinvestments.com) and its subsidiaries
R-Electric Car Co., Global Electric Corp., and Solium Power Corp. - leaders in
the development and marketing of Lithium-powered product worldwide, would like
to take this opportunity to provide the public with the following corporate
update. The Board of WHIS has approved the release of the following details on
the major advancements within the corporate structure, newly acquired
contracts, a manufacturing facility addition, and the significant technical
developments to their Solar Home Project:
WHISTLER MARVELS TECHNOLOGY SECTORS WITH LATEST LITHIUM CREATION
- JOIN OUR FACILITY TOUR AND EXPERIENCE THE WONDERS OF
SELF-CONTAINED LIVING
FACILITY TOUR IN CA - SEPTEMBER 15, 2004 AT 9:00 A.M.
-----------------------------------------------------
As a leading technology company in the field of alternate energy solutions,
Whistler proudly opens its doors and invites the public and media alike to tour
their facility in Van Nuys, CA for a glimpse into the future of self-contained
solar home living and the advanced Lithium technology that makes it all
possible. Whistler's Solar Home Project is the home of the future - a showcase
of their advanced Lithium-powered technology applied to a usable,
self-sustaining residential home. Please e-mail to obtain your pass for the
tour and come see what we mean by "Changing the world by re-inventing power".
In addition to the Solar Home tour, the public and is invited to tour
Whistler's latest manufacturing facility. The facility illustrates Whistler's
technical advancement and achievements in the conversion of standard combustion
engines to Lithium-powered applications. The E-Cobra Urban Vehicle, the product
of Whistler's successful agreement with Geely Corporation in the Republic of
China will be one of many vehicles manufactured at the new facility
The Lithium House facilities will also be available to the public - stop by and
see the Whistler's R-Car and the PT Cruiser Conversion Project for Austin
Energy in their various development stages.
This is a summary corporate update and tour release. To view the detailed
corporate update and pictures of the fully functional Lithium-powered
refrigerator from the Solar Home Project and other pictures of our Lithium
technology in action, please visit
http://www.whistlerinvestments.com/media.php?mediaID(equal sign)040722.
GLOBAL ELECTRIC CORP. - PROJECT UPDATE
--------------------------------------
GEELY CORP OF CHINA - E-COBRA URBAN VEHCILE PRODUCTION BEGINS
-------------------------------------------------------------
Geely Corporation of China and Whistler Investments, Inc. is slated to begin
production of their radically new E-Cobra Urban Vehicle at Whistler's
manufacturing facility in Van Nuys, CA. The new facility will produce the
cutting-edge, Lithium-powered scooter for both international and US markets.
UNITED STATES NAVAL CONVERSION PROJECT - VEHICLE BEGINS NAVAL TESTING
---------------------------------------------------------------------
The highly technical conversion project for the United States Navy was
delivered to the Navy's Florida-based testing facility in June. The vehicle is
currently undergoing extensive certification and testing by naval officials.
R-ELECTRIC CAR CO. - PROJECT UPDATE
-----------------------------------
R-CAR - OUR SHINING STAR
-----------------------
The R-Car has been a featured star at major industry trade shows throughout the
US and Canada. The R-Car has been garnered attention from The Space Channel and
one of Canada's top technology shows - Homepage with David Onley. In early
August, The Toronto Star will assign one of its top automotive and technical
journalists to begin testing the R-Car for a feature in the 'Wheels' section of
the newspaper.
BRITISH EMBASSY, MEXICO CITY TO RECEIVE OFFICIAL 'EMBASSY VEHICLE'
------------------------------------------------------------------
Whistler Investments announced the execution of a formal agreement between
R-Electric Car and the British Embassy, Mexico City, Mexico. Under the
agreement terms, Whistler and R-Electric Car Co. will present Embassy officials
with the world's first Lithium-powered 'Embassy Vehicle'. Whistler executives
and Embassy officials agreed to make the Mini-Cooper (BMW AG) the official
'Embassy Vehicle'.
AUSTIN ENERGY - PT CRUISER CONVERSION PROJECT
---------------------------------------------
The PT Cruiser Conversation Project for Austin Energy and the City of Austin,
TX is now underway. The PT Cruiser is currently undergoing conversion and a
delivery date is anticipated for Q4. The PT Cruiser Conversion will demonstrate
our advanced Lithium technology and its application functionality within the
municipal setting.
ATV (ALL TERRAIN VEHICLE) - THE ALL PURPOSE VEHICLE OF THE FUTURE
-----------------------------------------------------------------
Our engineers and developers have completed the latest vehicle addition to
Whistler's Lithium lineup. The ATV, powered by an adapted Lithium propulsion
system, is set for market and gaining the attention of international government
and public sector agencies. The zero-emission propulsion system coupled with
powerful Lithium batteries has created an unprecedented multi-purpose vehicle.
SOLIUM POWER CORP. - PROJECT UPDATE
-----------------------------------
SOLAR HOUSE PROJECT
-------------------
The construction of a 100% off-the-grid home is well underway in Southern
California. The unique details of the solar home include the latest technology
advancements within a livable residential home. Imagine...a home powered by
batteries! The Solar Home Project is undergoing a complete power
conversion...from an on-the-grid energy source to a 100% off-the-grid Lithium
and solar-powered home.
MEDIA REVIEW
------------
Mr. Chaz Haba and the R-Car became Canada's media darlings during Q3. With the
recent unveiling of the R-Car, E-Cobra Urban Vehicle and the ATV, Mr. Haba and
executives from WHIS granted interviews to some of Canada's top media including
The Space Channel, CP24, The Canadian Learning Channel, City TV- .Outbound
Magazine and an exclusive interview with David Onley, Technology Specialist and
host of Canada's Homepage. To view the video interview with David Onley, please
visit: http://www.whistlerinvestments.com/video.php?vidID(equal sign)7.
Preparations for Whistler's US media campaign are well underway. August will
begin a series of public presentations, press conferences, and news coverage
across the US to highlight their latest products and accomplishments.
Holly Roseberry, President of Whistler, addressed the Board of Directors on
July 17, 2004 and had this to say, "Summer 2004 completely surpassed our goals
and expectations in product development and media attention. The market- ready
conditions of the E-Cobra Urban Vehicle and our flagship product, the R- Car,
has placed Whistler in the top tier of alternative energy corporations. The US
Navy Conversion Project coupled with the near-complete PT Cruiser Conversion
Project for Austin Energy, has provided the Company with a tremendous boost and
we are now aggressively pursuing other lucrative military and governmental
fleet conversion contracts. Ending this quarter, we will deliver the world's
first Lithium-powered vehicle to the British Embassy. The Embassy Project is of
particular importance for us as we anticipate massive media and government
recognition. In closing, I would like to recognize the shareholders of Whistler
Investments, Inc. that have given the Company such incredible support. We look
forward to next quarter and the many exciting developments it will bring".
About Whistler Investments, Inc.
--------------------------------
http://www.whistlerinvestments.com/
---------------------------
Whistler Investments Inc. (NASDAQ:WHIS) is an emerging leader in the
development and marketing of Lithium-powered products worldwide. We believe our
superior technology, coupled with an aggressive marketing plan will establish
our company on the word stage. With the global focus moving rapidly towards
addressing pollution, the need for sustainable, zero emission energy is
current. As current 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. Whistler and its subsidiaries are applying this technology
to products that are currently in wide spread global use. Everything from
scooters, bicycles, mopeds, motorcycles, small vehicles, watercraft, military
applications and many other essential products have successfully been converted
to Lithium-powered applications. The combination of our exciting technology and
mass-marketed products creates a unique market opportunity for our Company. By
utilizing technology that can be applied immediately, Whistler can begin the
sales cycle immediately.
For additional information, please contact:
-------------------------------------------
Telephone: (888) 669-1808
Facsimile: (702) 688-1817
E-mail:
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.
DATASOURCE: Whistler Investments, Inc.
CONTACT: Telephone: (888) 669-1808, Facsimile: (604) 688-1817, E-mail: