LAS VEGAS, Dec. 10, 2003 (PRIMEZONE) -- Whistler Investments, Inc. (OTCBB:WHSL) (name change pending to Global Electric) announced today that the Editorial Board of Standard and Poor's ("S&P") has approved Whistler for a complete corporate listing and description in Standard and Poor's Corporation Records. Additionally, Whistler will have its corporate description published in Standard and Poor's Daily News Section. S&P also will initiate financial coverage of Whistler as part of the S&P Market Access Program, including coverage of Whistler on S&P's Internet website, www.advisorinsight.com as well as S&P Marketscope and the electronic version of S&P Stock Guide database. Additionally, the S&P coverage will appear on the highly trafficked OTC Bulletin Board web site www.otcbb.com.
Standard Corporation Records is a recognized securities manual for the "Blue Sky" Standard Manual Exemption for secondary trading in more than 35 states. Whistler's listing in Standard Corporation Records should assist the brokerage and investment communities in making a market for Whistler's stock. It is recommended that brokers check with their compliance officers or legal counsel for applicable "Blue Sky" laws and regulations pertaining to them.
Whistler Investments, Inc. (Global Electric) www.globalelectric.com is an emerging leader in the development and marketing of electric vehicles and electric powered products worldwide.
Whistler believes that this superior technology, coupled with an aggressive marketing plan, will establish the Company as a player on the world stage. With the global focus moving rapidly towards addressing pollution, the need for sustainable zero emission energy is current. With pending legislation worldwide dictating a move towards sustainable energy, the Company foresees its industry as one of the fastest growing segments within the global economy.
This press release may contain forward-looking statements that involve a number of risks and uncertainties. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, but are not limited to, conditions affecting the entertainment, cruise and gaming environments in South Florida; the region's economy in general; the Company's ability to finance its planned expansion efforts; and changes in regulations affecting the Company's core business.