LAS VEGAS and NEW YORK, Feb. 19, 2004 (PRIMEZONE) -- Whistler Investments, Inc. (OTCBB:WHSL) (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 due to numerous joint venture and lithium ion conversion projects, a newly appointed team of specialists has been retained to meet the expectations of its joint venture partners.
Global Electric is pleased to announce the appointments of:
New York-based development consultant, Edward Hamilton: Mr. Hamilton is a former managing director of Paine Webber, a prestigious investment bank. Mr. Hamilton will be based in New York and his primary role will be to focus on the financial aspects of Global Electric, as well as to utilize his extensive business contacts in India to bring Global Electric's technology to the lucrative Indian Market.
Tokyo-based Asian fuel cell and environmental consultant, Angela Nakamura Belcourt: Ms. Nakamura Belcourt brings to Global many years of international experience within the alternate fuels industry. Angela's role with Global Electric will be focused on seeking Asian joint venture partners and manufacturing alliances, utilizing her extensive networks in the Japanese Market.
Los Angeles-based underwater technical specialist, Lou Prezelin: Mr. Prezelin (see: http://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." Over the years, Louis Prezelin has built 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. Mr. Prezlin will be working with Chaz Haba on several of the company's high-profile projects such as the United States Naval project, as well as the highly anticipated Powerski project (www.powerski.com)
Holly Roseberry, President of Global Electric, stated: "As our expansion rate is superlative, we are honored to have attracted such high-profile talent to our team. This quarter has brought about many changes for Global Electric, and this new team will certainly be instrumental in the success of our company and technology as we proceed with our mandate to provide a viable alternate energy source. With our upcoming R car release, Naval projects and the incredibly exciting Powerski conversion project, I anticipate that this team will bring to us a wealth of international experience."
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.
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 the company. Technology that can be applied immediately allows Global to begin the sales cycle immediately.
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.