Carbon-X Fuel Cell To Be Featured At Alternative Fuels Conference In Stuttgart, Germany.Business Editors SACRAMENTO, Calif.--(BUSINESS WIRE)--Feb. 12, 2002 Whistler Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: WSLR WSLR Weapon System Logistics Review ) today announced that the principal developer of the Carbon-X proton exchange membrane A proton exchange membrane (PEM) is a semipermeable membrane generally made from ionomers and designed to conduct protons while being impermeable to gases such as oxygen or hydrogen. (PEM (Privacy Enhanced Mail) A standard for secure e-mail on the Internet. It supports encryption, digital signatures and digital certificates as well as both private and public key methods. Not widely used, work on PEM later evolved into S/MIME. See MIME. ) fuel cell, Mr. Rex Hodge, is scheduled to deliver a presentation at the 2002 Global Alternative Fuels Forum in Stuttgart, Germany, on Tuesday February 12th. In his presentation, Mr. Hodge will provide insight into the fuel cell sector, with respect to transportation. In particular, Mr. Hodge will discuss the impact of the changing automotive market, and the specific criteria required for successful implementation of fuel cell technology in vehicles. "This conference is an important opportunity for industry participants to share our visions and debate differing perspectives," said Mr. Hodge. "It is critical for vehicle and fuel cell manufacturers to develop effective strategies to maintain market share and prepare for mass-production. In developing our own PEM fuel cell, the Carbon-X, we specifically designed it to with competitive, high-volume manufacturing techniques in mind. I am honored to have been invited to speak at this event, and I look forward to sharing my thoughts." Mr. Hodge will deliver his presentation in conjunction with Anuvu Incorporated - a leading developer of fuel cell vehicle systems that is spinning off to Voltairis Fuel Cell the intellectual property relating to the Carbon-X technology. In turn, Whistler Inc. has entered into an agreement with Anuvu to acquire 100 percent of the shares of Voltairis. The zero emission Carbon-X fuel cell has completed its second generation of development, and is now ready for commercialization. Global Alternative Fuels Forum 2002 The Global Alternative Fuels Forum is sponsored by The Energy Exchange Limited, and addresses the potential economic and fuel security benefits which can be gained from the use of alternative fuels. The conference aims to increase awareness of the fuel cell sector as it pertains to transportation, and discuss new innovative fuel technologies for the commercial and private sectors. Other scheduled speakers include Xcellsis GMBH (Nasdaq: BLDP BLDP Ballard Power Systems (stock symbol) ), Daimler Chrysler AG (NYSE NYSE See: New York Stock Exchange : DCX DCX DaimlerChrysler Ag (stock symbol) DCX Dixie Chicks (American country rock band) DCX Multipage PCX (file extension/format) DCX Double Convex DCX Double Charge Exchange ), Ford Think (NYSE: F), Renault SA (Frankfurt: RENA.F), PSA (Professional Services Automation) An information system designed to organize, track and manage all opportunities, work, resources, costs, revenues and invoices to improve the productivity and efficiency of the workforce. Peugeot-Citroen (Frankfurt: PEUP.F), Fiat Research Centre (NYSE: FIA FIA feline infectious anemia. ), Shell International Petroleum Company (NYSE: SC) and the World Fuel Cell Council. About Voltairis Fuel Cell Voltairis Fuel Cell is being established to become a leading manufacturer, value-added supplier, and integrator of advanced proton exchange membrane, or PEM, fuel cell technology. The zero-emission Carbon-X fuel cell is designed to provide environmentally friendly, clean energy solutions across a broad range of stationary, portable and mobile applications. The focus is to bring this technology to commercial production and establishing strategic relationships and development contracts with strong, reputable Original Equipment Manufacturers (OEMs) to pioneer the advancement of fuel cell-powered products. The Carbon-X fuel cell is ready for mass-production and-unlike other competing technologies-can be made at a high rate of production, using standard manufacturing processes and equipment. SAFE HARBOR Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. STATEMENT Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, commodity prices of precious metals and actual results differing materially from projections because of operation factors, government regulations or factors relied upon from independent sources, may either negatively or positively impact operations. Forward-looking statements involve known and unknown risks and uncertainties that may cause the Company's actual results in the future periods to differ materially from forecasted results. The Company assumes no obligation to update the information in this release. |
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