LAS VEGAS, March 24, 2004 (PRIMEZONE) -- Whistler Investments, Inc., (OTCBB:WHIS) www.globalelectric.com -- an emerging leader in the development and marketing of Lithium Ion vehicles and Lithium Ion powered products worldwide, is proud to announce that they have entered into an agreement with RV Systems, Inc., affiliated with Lithium House, a developer of advanced lithium battery technology. Under the agreement, Whistler acquired the worldwide development, manufacturing and marketing rights for Lithium Portable Power Paks.
Global Electric presents Lithium Ion and Lithium Polymer battery paks and systems. Global Electric is dedicated to applying the best Lithium battery technology to improve performance and reliability for everyday power needs. We can provide the exact battery and charger configurations for virtually any application. We have thousands of cells in stock, and with a worldwide network of manufacturing facilities and distribution centers we can economically meet the demands of today's design, manufacturing and distribution schedules. The advantage of lithium batteries -- they can be smaller, lighter, have a higher voltage, and hold a charge much longer than other types of batteries.
Our products include Power Paks, Fast Chargers and Combination Power Systems
To access complete information, check out portable power in the technology section of our web site at www.globalelectric.com
The Lithium Power Pak is small enough to fit in your jacket pocket or easily in any briefcase. It is only 5.5in.x 3.0in x1.75in. and weighs under 1.5 lbs. With the Global Electric Fast Charger, the Lithium Power Pak will recharge 80% of its capacity in under 1 hour.
Now you can get 110-120 VAC from what we believe is the worlds smallest portable generator This tiny (3x4x5inches) pack slips into a purse or backpack, can be carried on a belt or shoulder strap, weighs less than two pounds. Plug in anything up to 75 watts and take it with you! It could be a small fan, a desk lamp, laptop computer, television, power drill, motorized rigging -- you name it! Great for special effects or charging up cellphones and walkie talkies.
A typical lithium power pak can add up to an additional 8 to 12 hours of use time to lap top computers and can be used for a variety of electronic consumer products such as digital cameras, mobile phones, Bluetooth headsets, portable DVD players and high-end toys, as well as any other portable devices currently in widespread use. With these power paks, it also provides the consumer the capability to charge cell phones through USB ports while using their computers in any wireless setting. As demand for portability increases, Global Electric's Lithium Portable Power Pak will fill the need of today's consumer to have access to maximum duration of use from all their portable electronic products.
Holly Roseberry, President of Whistler stated, "As the need for portability increases, along with the increased access to wireless technology venues such as Starbucks, McDonalds, hotel chains, airports, etc, the demand for affordably priced portable power is growing rapidly. Whistler plans to immediately and aggressively market these products via direct marketing infomercials, distribution networks worldwide, and on our website. This will rapidly generate significant revenues to the company."
According to a soon-to-be-released updated report from Business Communications Company, Inc.(www.bccresearch.com)RGB-184N, Portable Battery Powered Products: U.S. Markets and Opportunities, over $50 billion worth of portable products were sold in the U.S. in 2002, nearly twice as much as was sold in 1995. This market is estimated to reach nearly $58 billion by 2007, growing at an average annual growth rate (AAGR) of 2.8%. Units shipped will grow from over 978 million units in 2002 to over 1 billion units in 2007. The products include high-volume, low-price items like flashlights, wristwatches, and calculators, as well as relatively low-volume items like implantable medical products, cordless lawnmowers, and cordless analytical equipment. The lithium storage battery market exceeded the 4.5 billion Euro mark in 2000, (CEA), and the US demand for primary and secondary batteries is forecast to climb 5.5% annually through 2007 to $14 billion. Secondary battery demand is expected to outpace primary battery market gains through 2007, benefiting from strong growth in the use of high-drain portable electronic devices. (Fredonia Group)
About Whistler Investments, Inc. (Global Electric)
Whistler Investments Inc. (OTCBB: WHIS) -- an emerging leader in the development and marketing of Lithium Ion vehicles and Lithium Ion powered products worldwide. We at Global Electric 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. For more information, please visit our website at www.globalelectric.com
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.