WHISTLER INC. - VOLTAIRIS ANNOUNCES DEVELOPMENT OF SECOND GENERATION CARBON-X FUEL CELL

Voltairis Fuel Cell, a division of Whistler Inc. (OTC BB: WSLR), announces the completion of its second generation Carbon-X fuel cell. The new encasement, which reduces stack volume by over 50%, significantly reduces the size and weight of the fuel cell, while offering added protection from the environment. The enhanced design and reduced size of this new generation makes the Carbon-X competitive with traditional technologies, such as batteries and internal combustion engines for stationary, mobile and portable devices.

~~ New casing achieves over 50% reduction in fuel cell stack volume ~~

Sacramento, California - February 6, 2002. Voltairis Fuel Cell, a division of Whistler Inc. (OTC BB: WSLR), today announced that the Company has completed development of its second generation Carbon-X fuel cell.

The new encasement, which reduces stack volume by over 50%, significantly reduces the size and weight of the fuel cell, while offering added protection from the environment. The enhanced design and reduced size of this new generation makes the Carbon-X competitive with traditional technologies, such as batteries and internal combustion engines for stationary, mobile and portable devices.

The new fuel cell stack represents a major milestone towards a commercial fuel cell product line. Voltairis is currently preparing a comprehensive set of performance tests designed to provide fuel cell integrators with the data required to begin major commercial development programs.

"We are extremely pleased with the rapid progress towards commercialization that Voltairis is making," said President of Voltairis Fuel Cell, Mr. Rex Hodge. "To date, very few fuel cell projects have been completed in key market areas due to the limited supply of fuel cell stacks, and the extreme costs associated with developing and integrating a complete fuel cell system. As we have previously stated, Voltairis is focused on developing a fuel cell that can be mass-produced at a commercially viable price. Pending the completion of our pilot manufacturing plant we will be one step closer, and more importantly, on track to meet the objective of fuel cell sales for OEM commercial testing in the fourth quarter of 2002. In the interim, our preparations remain focused on establishing a strong and diverse roster of strategic OEM partners.

Upon completion of the Company's pilot manufacturing plant, scheduled for Q3 of this year, Voltairis will begin volume production of Carbon-X fuel cell systems for 12-volt to 96-volt mobile and portable equipment applications. These alpha and beta units will be available to Original Equipment Manufacturers (OEMs) seeking to develop fuel cell-powered product lines. To support low-cost production and to meet volume demands for commercial test markets, Voltairis anticipates increasing annual production capacity to 650,000 kWs by 2004. With the successful integration of Carbon-X fuel cells into diverse market areas, Voltairis projects annual production volumes to exceed 5.0 million kWs by 2008.

ABOUT VOLTAIRIS FUEL CELL
Voltairis Fuel Cell, a division of Whistler Inc., is a leading manufacturer, value-added supplier, and integrator of advanced proton exchange membrane, or PEM, fuel cell technology. The Company's zero-emission Carbon-X fuel cell is designed to provide environmentally friendly, clean energy solutions for a broad range of stationary, portable and mobile applications. The Company is bringing its 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 off-the-shelf manufacturing equipment. Voltairis is headquartered in Sacramento, California, and currently trades on the OTC Bulletin Board under the symbol WSLR. Whistler has decided not to proceed with the acquisition of American Energy announced on Oct.3, 2001.

SAFE HARBOR STATEMENT
Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act 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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