WHIS Whistler Investment (MM)

Whistler Investments (WHIS) corporate update & onsite tour Whistler surpasses development expectations and unveils the latest development addition to the world at scheduled facility tour in CA LAS VEGAS, NV, July 23 /PRNewswire-FirstCall/ -- Whistler Investments Inc. (NASDAQ:WHISNASDAQ:-NASDAQ:www.whistlerinvestments.com) and its subsidiaries R-Electric Car Co., Global Electric Corp., and Solium Power Corp. - leaders in the development and marketing of Lithium-powered product worldwide, would like to take this opportunity to provide the public with the following corporate update. The Board of WHIS has approved the release of the following details on the major advancements within the corporate structure, newly acquired contracts, a manufacturing facility addition, and the significant technical developments to their Solar Home Project: WHISTLER MARVELS TECHNOLOGY SECTORS WITH LATEST LITHIUM CREATION - JOIN OUR FACILITY TOUR AND EXPERIENCE THE WONDERS OF SELF-CONTAINED LIVING FACILITY TOUR IN CA - SEPTEMBER 15, 2004 AT 9:00 A.M. ----------------------------------------------------- As a leading technology company in the field of alternate energy solutions, Whistler proudly opens its doors and invites the public and media alike to tour their facility in Van Nuys, CA for a glimpse into the future of self-contained solar home living and the advanced Lithium technology that makes it all possible. Whistler's Solar Home Project is the home of the future - a showcase of their advanced Lithium-powered technology applied to a usable, self-sustaining residential home. Please e-mail to obtain your pass for the tour and come see what we mean by "Changing the world by re-inventing power". In addition to the Solar Home tour, the public and is invited to tour Whistler's latest manufacturing facility. The facility illustrates Whistler's technical advancement and achievements in the conversion of standard combustion engines to Lithium-powered applications. The E-Cobra Urban Vehicle, the product of Whistler's successful agreement with Geely Corporation in the Republic of China will be one of many vehicles manufactured at the new facility The Lithium House facilities will also be available to the public - stop by and see the Whistler's R-Car and the PT Cruiser Conversion Project for Austin Energy in their various development stages. This is a summary corporate update and tour release. To view the detailed corporate update and pictures of the fully functional Lithium-powered refrigerator from the Solar Home Project and other pictures of our Lithium technology in action, please visit http://www.whistlerinvestments.com/media.php?mediaID(equal sign)040722. GLOBAL ELECTRIC CORP. - PROJECT UPDATE -------------------------------------- GEELY CORP OF CHINA - E-COBRA URBAN VEHCILE PRODUCTION BEGINS ------------------------------------------------------------- Geely Corporation of China and Whistler Investments, Inc. is slated to begin production of their radically new E-Cobra Urban Vehicle at Whistler's manufacturing facility in Van Nuys, CA. The new facility will produce the cutting-edge, Lithium-powered scooter for both international and US markets. UNITED STATES NAVAL CONVERSION PROJECT - VEHICLE BEGINS NAVAL TESTING --------------------------------------------------------------------- The highly technical conversion project for the United States Navy was delivered to the Navy's Florida-based testing facility in June. The vehicle is currently undergoing extensive certification and testing by naval officials. R-ELECTRIC CAR CO. - PROJECT UPDATE ----------------------------------- R-CAR - OUR SHINING STAR ----------------------- The R-Car has been a featured star at major industry trade shows throughout the US and Canada. The R-Car has been garnered attention from The Space Channel and one of Canada's top technology shows - Homepage with David Onley. In early August, The Toronto Star will assign one of its top automotive and technical journalists to begin testing the R-Car for a feature in the 'Wheels' section of the newspaper. BRITISH EMBASSY, MEXICO CITY TO RECEIVE OFFICIAL 'EMBASSY VEHICLE' ------------------------------------------------------------------ Whistler Investments announced the execution of a formal agreement between R-Electric Car and the British Embassy, Mexico City, Mexico. Under the agreement terms, Whistler and R-Electric Car Co. will present Embassy officials with the world's first Lithium-powered 'Embassy Vehicle'. Whistler executives and Embassy officials agreed to make the Mini-Cooper (BMW AG) the official 'Embassy Vehicle'. AUSTIN ENERGY - PT CRUISER CONVERSION PROJECT --------------------------------------------- The PT Cruiser Conversation Project for Austin Energy and the City of Austin, TX is now underway. The PT Cruiser is currently undergoing conversion and a delivery date is anticipated for Q4. The PT Cruiser Conversion will demonstrate our advanced Lithium technology and its application functionality within the municipal setting. ATV (ALL TERRAIN VEHICLE) - THE ALL PURPOSE VEHICLE OF THE FUTURE ----------------------------------------------------------------- Our engineers and developers have completed the latest vehicle addition to Whistler's Lithium lineup. The ATV, powered by an adapted Lithium propulsion system, is set for market and gaining the attention of international government and public sector agencies. The zero-emission propulsion system coupled with powerful Lithium batteries has created an unprecedented multi-purpose vehicle. SOLIUM POWER CORP. - PROJECT UPDATE ----------------------------------- SOLAR HOUSE PROJECT ------------------- The construction of a 100% off-the-grid home is well underway in Southern California. The unique details of the solar home include the latest technology advancements within a livable residential home. Imagine...a home powered by batteries! The Solar Home Project is undergoing a complete power conversion...from an on-the-grid energy source to a 100% off-the-grid Lithium and solar-powered home. MEDIA REVIEW ------------ Mr. Chaz Haba and the R-Car became Canada's media darlings during Q3. With the recent unveiling of the R-Car, E-Cobra Urban Vehicle and the ATV, Mr. Haba and executives from WHIS granted interviews to some of Canada's top media including The Space Channel, CP24, The Canadian Learning Channel, City TV- .Outbound Magazine and an exclusive interview with David Onley, Technology Specialist and host of Canada's Homepage. To view the video interview with David Onley, please visit: http://www.whistlerinvestments.com/video.php?vidID(equal sign)7. Preparations for Whistler's US media campaign are well underway. August will begin a series of public presentations, press conferences, and news coverage across the US to highlight their latest products and accomplishments. Holly Roseberry, President of Whistler, addressed the Board of Directors on July 17, 2004 and had this to say, "Summer 2004 completely surpassed our goals and expectations in product development and media attention. The market- ready conditions of the E-Cobra Urban Vehicle and our flagship product, the R- Car, has placed Whistler in the top tier of alternative energy corporations. The US Navy Conversion Project coupled with the near-complete PT Cruiser Conversion Project for Austin Energy, has provided the Company with a tremendous boost and we are now aggressively pursuing other lucrative military and governmental fleet conversion contracts. Ending this quarter, we will deliver the world's first Lithium-powered vehicle to the British Embassy. The Embassy Project is of particular importance for us as we anticipate massive media and government recognition. In closing, I would like to recognize the shareholders of Whistler Investments, Inc. that have given the Company such incredible support. We look forward to next quarter and the many exciting developments it will bring". About Whistler Investments, Inc. -------------------------------- http://www.whistlerinvestments.com/ --------------------------- Whistler Investments Inc. (NASDAQ:WHIS) is an emerging leader in the development and marketing of Lithium-powered products worldwide. We believe our superior technology, coupled with an aggressive marketing plan will establish our company on the word 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. Whistler and its subsidiaries are applying this technology to products that are currently in wide spread global use. Everything from scooters, bicycles, mopeds, motorcycles, small vehicles, watercraft, military applications and many other essential products have successfully been converted to Lithium-powered applications. The combination of our exciting technology and mass-marketed products creates a unique market opportunity for our Company. By utilizing technology that can be applied immediately, Whistler can begin the sales cycle immediately. For additional information, please contact: ------------------------------------------- Telephone: (888) 669-1808 Facsimile: (702) 688-1817 E-mail: 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. DATASOURCE: Whistler Investments, Inc. CONTACT: Telephone: (888) 669-1808, Facsimile: (604) 688-1817, E-mail:

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