Global Electric Initiates Latin American Vehicle Conversion Project

MEXICO CITY/LAS VEGAS--Nov. 2, 20030, 2003--Whistler Investments Inc. (OTCBB:WHSL) (Name change pending to Global Electric) announced today that it has initiated an intensive project aimed at converting pre-existing vehicles in Latin America to electric propulsion units, thus creating a feasible zero-emission vehicle.

Holly Roseberry, President of Global Electric stated, "As we take aim at the global market, we feel the initiation of this project allows us to truly place our vehicles in areas that are in dire need of zero-emission vehicles."

Roseberry added, "We expect to work with several government agencies and test vehicles to gain valuable information on electric propulsion units in Central and South America."

A senior consultant with Global Electric has already established a presence in Mexico and has begun negotiations for the conversion of several high-profile vehicles.

Mexico City has the world's worst air pollution, according to the United Nations. The city's pollution is primarily due to vehicle emissions. The zero-emission vehicle projects are aimed at reducing harmful contaminants in the city's air, while providing usable cost-efficient alternate energy sources in public transit vehicles.

About Whistler Investments

Whistler Investments Inc. -- name change pending to Global Electric Corp. -- is an emerging leader in the development and marketing of electric vehicles and electric-powered products worldwide.

We at Global believe our superior technology, coupled with an aggressive marketing plan, will establish our company on the world stage. With the global focus moving rapidly toward addressing pollution, the need for sustainable zero-emission energy is current. As current legislation is dictating a move toward this type of energy, we foresee this industry as one of the fastest growing segments within the global economy.

Global is applying this technology to products that are currently in wide-spread global use, such as scooters, bicycles, mopeds, motorcycles, small vehicles and many other essential products. The combination of usable cutting edge technology and mass-marketed products creates a unique market opportunity for our company. Technology that can be applied immediately allows Global to begin the sales cycle immediately.

Global technology will also focus on the creation of a 100% self-powered house. This unit will feature lithium-powered technology in addition to other leading edge energy creation technology. The house will be located in the Los Angeles area and will be a showcase of Global Electric and the power of lithium.

The most important air pollutants of Mexico City are ozone (O3), sulfur dioxide (SO2), precursors like nitrogen oxides (NOX), hydrocarbons (HC) and carbon monoxide (CO), that originate from the incomplete combustion of fossil fuels. At these altitudes, the partial pressure of oxygen (pO2) is far lower than at sea level, thus combustion is far from ideal. Most of the energy used in this city is related to urban transportation. A very important source of air pollution is gas exhaust from private vehicles.

Health Risk to a Third of City Residents

Almost a third of Mexico City's population is at risk for health problems caused by the air pollution crisis. The Mexican Health Ministry has documented 7.2 million visits to doctors and hospitals this year for respiratory ailments -- 1.2 million more than in the same period in 1997.

The United Nations Environment Programme (a)

Key Facts on Atmospheric Issues

-- The level of carbon in the atmosphere is increasing. Global average temperatures are increasing. Carbon dioxide (CO2), the predominant "greenhouse gas," is responsible for approximately 60 percent of the global warming.

-- Six countries, two of which are in the developing world (Brazil and India), are responsible for 55.8 percent of the total atmospheric impact of current global emissions. The United States is the largest emitter.

-- The stratospheric ozone layer filters dangerous radiation and keeps it below tolerable levels to enable life to exist on Earth. This protective stratospheric ozone layer is diminishing due to chemicals created by humankind.

-- Air pollution does not respect boundaries; it affects agriculture and ecosystems far from its source.

-- More than 600 million people live in urban areas where sulfur dioxide (SO2) levels exceed World Health Organization guidelines. More than 125 million live in cities with unacceptable levels of suspended particulate matter (SPM).

-- For megacities in general, SPM is the single most threatening air pollutant. Particularly high levels of SO2 and SPM occur in five cities: Beijing, Mexico City, Rio de Janeiro, Seoul and Shanghai.

-- Of the cities for which there is sufficient data to compare, Mexico City has the worst overall air pollution.

-- When pollutants are released into the sky from industries, they often fall back to Earth as "acid rain." According to the World Resources Institute, Europe has already lost at least 22 percent of its total forest cover to acid rain, or a total of 214,016,000 hectares. The United Kingdom alone has damage caused to more than 2 million hectares, or about 57 percent of its forest. As unsustainable industrialization spreads around the world, so too could this phenomenon.