HOLLYWOOD, Calif. and LAS VEGAS, Nov. 05, 2003 (PRIMEZONE) -- Whistler Investments, Inc. (OTCBB:WHSL) (Name change pending to Global Electric) announced today that the highly anticipated NEV (Neighborhood Electric Vehicle) Prototype is complete and ready for unveiling at the Microcap Investor Conference to be held on November 10th, 2003 in Newport Beach, California
Chaz Haba, who serves as technical consultant for Global Electric, developed the revolutionary NEV. The electric propulsion system, adapted for use in the NEV, is a combination of millions of dollars of research and development, and countless man-hours by Chaz Haba and his team of engineers at Lithium house, Mr. Haba's development company
Legendary Hollywood vehicle designers, Cinema Vehicles, performed the production and build of the vehicle (www.cinemavehicles.com).
The new NEV is a key product of Global Electric, as it is the embodiment of a usable, cost-efficient zero-emission vehicle. The NEV is scheduled for mass production in Q2 of 2004
Holly Roseberry, President of Whistler stated, "We have already received many inquiries from the international media and automobile industry, as this vehicle is not only a major technical achievement, it is also a design achievement. The focus of our company was to create usable technology for the Global market. I anticipate an overwhelming response to this vehicle at the unveiling next week."
The newly designed NEV will be on hand for investors, national and international media and attendees to view and drive. A parking lot has been secured for vehicle demonstrations.
Global Electric believes that not only is it our mandate to change the way the world moves, it is also to change the way the world looks at electric powered vehicles as a viable source of daily transportation. The correct media exposure, coupled with a dynamic product line, will allow Global Electric and it's technology partner, RV Systems, under the guidance of Mr. Chaz Haba, to make this a reality in the very near future.
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 electric vehicles and electric 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 without delay.
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 Cinema Vehicles (www.cinemavehicles.com)
Cinema Vehicle Services ("We put the motion in your pictures") is the world's largest supplier of vehicles to the movies, and its North Hollywood lot is a one-stop destination for used taxis, soon-to-be-destroyed police cars, vintage milk trucks, buses used to transport prisoners, clear-glass windshields, light bars, quickie paint jobs, tires, props and signage. Clients have included Austin Powers, Goldmember, Terminator 3 and xxx to name a few.
About the Cinapsys Microcap Conference
The Cinapsys Microcap Conference event will be held November 10, 2003 in Newport Beach, California. The event was developed to bring retail and institutional investors interested in microcap investments together with representatives from publicly traded microcap companies.
For information about the conference, or to make reservations to exhibit or attend, please contact Laura Ozaniec toll-free at 1-866-327-9476, or email laura@cinapsys.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.