Whistler Investments (WHIS) is set to begin production of the first North American version of the new E-Cobra at Newly Acquired
June 01 2004 - 8:48AM
PR Newswire (US)
Whistler Investments (WHIS) is set to begin production of the first
North American version of the new E-Cobra at Newly Acquired
Manufacturing Facility. LAS VEGAS, LOS ANGELES, SHANGHAI, June 1
/PRNewswire-FirstCall/ -- 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, in response to a recent
bilateral production deal with China's Geely Corporation
(http://www.geely.com/) a North American production facility is now
underway to meet market demands for their highly acclaimed
lithium-Ion vehicles and products. The inaugural unveiling of the
E-Cobra will take place on National television during a taping of
the MONEYTV (http://www.moneytv.net/) on Thursday June 3, 2004.
This vehicle will be Whistler Investments first large scale
internally produced vehicle. Holly Roseberry, President of Whistler
Investments stated, "With our new ability to manufacture vehicles
in large volume we are now truly able to start meeting the demand
for our revolutionary lithium-ion products. This year we anticipate
opening several production plants. Our products have already
garnered significant government and public sector demand. We are
proud to be an early leader in the field of zero emission products,
specifically at the time of record high oil prices and record
output of Global warming carbon emissions into our environment." To
meet early adapters and public demand for the new E-Cobra urban
vehicle, a direct marketing campaign is underway and a
consumer-direct website program is scheduled for launch within 30
days. Our website program will allow purchase, vehicle adaptation
and shipping all via the Internet. The E-Cobra Bike features a top
speed of 60 MPH and a range of 60 miles for over 1,000 charges. Its
speed and range are twice that of our nearest competitor; the
1000-charge life of the battery triples our nearest competitor. All
this for the same price! Higher, 90 and 120 mile, ranges will also
be available as additional options. About Geely
(http://www.geely.com/) Geely Group Co, Ltd Overview Geely Group
Co., Ltd (Hereafter as Geely) founded on Nov. 6, 1986, made its
debut in manufacturing parts for the refrigerator-evaporator, and
is located in Huangyan, Luqiao, Taizhou city, Zhejiang Province.
1989 Geely entered the advanced decoration material industry and
manufactured the first magnalium bent board in China April, 1994,
Geely began working in the motorcycle industry. By June, the first
motor scooter in China was manufactured by Geely. In 1995 the total
sales were 60,000 and by 1996, increased to 200,000. Geely became
the largest motorcycle manufacturing enterprise in China. May,
1996, Geely Group Co., Ltd was organized. March, 1997 Geely
branched into the Higher-education industry. Now Geely has three
colleges. Beijing Geely University has become one of the few
private-owned universities with the independent right to authorize
Higher Education Diplomas in Beijing city. 1997 Geely entered the
Automobile Industry. August 8, 1998. The first Geely Car launched
in Linhai City Zhejiang Province. November 9, 2001 and December 26,
2001. China State Economic and Trade Commission approved Geely
Automobile's JL6360, HQ6360, MR6370 and MR7130 series to be listed
on SETC automobile products public catalogue. Geely automobile
became the first approved private enterprise in terms of automobile
manufacture in China. May 25, 2003, Mr. Xugang, once a member of
Zhejiang Provincial Financial Hall Leading Party Members Group, a
chief accountant of Local Taxation Bureau of Zhejiang Province,
came to Geely group as CEO, directing Geely toward a professional
manger-operated enterprise from family-operated one. About Whistler
OTCBB-WHIS http://www.whistlerinvestments.com/ 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/. Contact: Whistler Investments
Investor Relations: (888) 669-1808 or (604) 681-2799 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: Whistler Investments, Investor
Relations: (888) 669-1808 or (604) 681-2799,
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