Whistler Investments, Inc (WHIS) set to go to market with newly acquired Lithium Portable Power Paks
March 24 2004 - 10:25AM
PR Newswire (US)
Whistler Investments, Inc (WHIS) set to go to market with newly
acquired Lithium Portable Power Paks LAS VEGAS, NV, March 24
/PRNewswire-FirstCall/ -- Whistler Investments, Inc., (OTCBB:WHIS)
http://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 http://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
DVDplayers 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 states
"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.(http://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
http://www.globalelectric.com/ SOURCE: Whistler Investments, Inc.
Holly Roseberry President Investor Relations for Whistler
Investments, Inc. (888) 669-1808 (604) 646-5624 Fax: (702) 940-6516
http://www.globalelectric.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 coulddiffer materially
from those anticipated or implied in the forward-looking
statements. DATASOURCE: Whistler Investments, Inc. CONTACT:
Investor Relations for Whistler Investments, Inc., (888) 669-1808,
(604) 646-5624, Fax: (702) 940-6516, ,
http://www.globalelectric.com/
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