LAS VEGAS and NEW YORK, April 29, 2004 (PRIMEZONE) --
Whistler Investments (WHIS) collaborates with the United States
Navy on several water based military vehicles
Whistler Investments (WHIS) is near completion on leading
edge military unit lithium ion conversion project
Whistler Investments Inc. (OTCBB:WHIS) (http://www.whistlerinvestments.com) subsidiaries, R-Electric Car Company (http://www.r-electriccar.com) Global Electric Corporation, (http://www.globalelectric.com) and Solium Power Corp (http://www.soliumpower.com) emerging leaders in the development and marketing of lithium ion vehicles and lithium ion powered products worldwide, announced today that the previously announced United States Military Project is near completion and is scheduled for United States Navy certification and testing.
The newly expanded project will serve as a trial with the United States Navy and the development and implementation of this project is taking place at the Lithium House facilities in Van Nuys, California under the direction of lithium ion guru Chaz Haba and world-famous underwater technology specialist Lou Prezelin.
Holly Roseberry, president of Whistler Investments (WHIS) stated, "As this project reaches the testing phase with the United States Navy we anticipate that this highly advanced project will showcase our military application to the United States government. This collaboration allows our technology to be implemented in some of the most advanced underwater units on the planet. Upon receiving naval certification we anticipate that our military applications will be a massive revenue stream for our corporation."
Testing and certification of the unit will include submerged testing as well as comprehensive internal naval testing at an undisclosed facility.
About Whistler
Whistler Investments, Inc. (WHIS) is emerging as a leader in the development and marketing of Lithium Ion vehicles and Lithium Ion powered products worldwide. Whistler believes 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 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 about Whistler Investments, please visit our website at http://www.whistlerinvestments.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.