LAS VEGAS and NEW YORK, Feb. 17, 2004 (PRIMEZONE) -- Whistler Investments, Inc. (OTCBB:WHSL) - www.globalelectric.com (name change pending to Global Electric Corp), an emerging leader in the development and marketing of lithium-ion vehicles and lithium-ion powered products worldwide, announced today that world famous underwater specialist, Louis Prezelin, has been retained to provide key technical support and development of a lithium-ion conversion project with the United States Navy. The newly expanded project will serve as a trial with the United States Navy, and the development and implementation of this project will take place within the Global Electric facilities in Van Nuys, California, under the direction of lithium-ion guru Chaz Haba
Chaz Haba stated " As we have already implemented our lithium-ion technology into a massive project for a military application, we foresee our naval applications as an ever increasing and highly important arena for our technology. The introduction of Louis Prezelin of Pacific Visions to our team provides Global Electric with a world leader in advanced underwater technology.
Mr. Prezelin (see: www.pacificvisionsinc.com), born and raised in France, joined the Cousteau Expeditions in 1968, first as a diver on camera in the early shows of the series "The Undersea World of Jacques Cousteau" and as assistant cameraman on the legendary "Calypso." After studying at the Brooks institute in Santa Barbara, Louis worked as a DP/Cameraman underwater specialist and rejoined the Cousteau Expeditions starting with an award-winning series in the jungle of the Amazon. Over the years, Louis Prezelin has build up an exceptional expertise in underwater technology. He was commissioned to direct several complex technical projects such as the construction of highly sophisticated camera and lighting systems for the Cousteau Society as well as Ocean Futures Society.
Holly Roseberry, president of Global Electric stated " To have both lithium guru Chaz Haba, and a leading expert of the caliber of Louis Prezelin collaborating on a project of this magnitude certainly gives Global Electric a formidable technical edge in the field of water based lithium-ion projects. This incredible team is also leading the development of the Powerski (www.powerski.com) project," Holly also stated. "With high profile projects like the newly expanded conversion project for the US NAVY, we clearly have the ability to showcase the future of sustainable zero emission vehicles. We anticipate a long relationship with the military, and at this point we are dedicating some of our top engineers and development personnel to these projects."
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 widespread global use, such as scooters, bicycles, mopeds, motorcycles, small vehicles, watercraft, military applications 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.
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.