LAS VEGAS, Jan. 6, 2004 (PRIMEZONE) -- Whistler Investments, Inc (OTCBB:WHSL) (name change pending to Global Electric)announced today they have begun work on the conversion of Powerski International's flagship product, the Powerski Jetboard, to a Lithium Ion electric motor.
Holly Roseberry, President of Global Electric stated "As we begin the year with such an exciting project, we can anticipate both a strong partnership with Powerski, as well as a sustainable revenue stream for our Lithium Ion system beginning in Q1 of 2004. Our technology, coupled with the Powerski units, will provide a zero emission product which can literally be used in any river or body of water without harm to the environment. Global Electric's mission is to be a world leader in zero emission technology; with this partnership, we more than meet that mandate."
About Whistler (Global Electric) www.globalelectric.com
Whistler Investments Inc. (OTCBB:WHSL) -- (name change pending to Global Electric Corp); is an emerging leader in the development and marketing of Lithium Ion vehicles and Lithium Ion powered products worldwide. We at Global believe 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 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.
Global is applying this technology to products that are currently in wide spread global use, such as scooters, bicycles, mopeds, motorcycles, small vehicles and many other essential products. The combination of usable cutting edge technology and mass-marketed products creates a unique market opportunity for our company. Technology that can be applied immediately allows Global to begin the sales cycle immediately.
Global technology will also focus on the creation of a 100% self-powered house. This unit will feature lithium-powered technology in addition to other leading edge energy creation technology. The house will be located in the Los Angeles area and will be a showcase of Global Electric and the power of lithium.
About Powerski www.powerski.com
Powerski International is the developer and manufacturer of the patented Powerski Jetboard'and patented SupertorqueXT'marine engine. Powerski International has distributors in 36 countries around the world and over 35 dealerships set-up in the USA.
Powerski was featured in TIME magazines' Thanksgiving issue, winning the Best Inventions of the Year award. Powerski International has also been honored with multiple design and engineering awards from such prestigious publications as, Popular Mechanics, Popular Science, InfoWorld and Design News. Powerski has also been featured on Discovery Channel, ESPN, Fox Sports, Travel Channel, E! Entertainment TV, History Channel and hundreds of TV and magazines around the globe.
Whistler Investments, Inc. Holly Roseberry, President
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.