Worldwide Manufacturing USA, Inc. Announces Three Million Dollar Purchase Order
SAN BRUNO, Calif., March 17 -- Worldwide Manufacturing USA, Inc. ("Worldwide") (BULLETIN BOARD: WMFG) today announced that it has received a purchase order for 10,000 air-conditioning units for cars from Beijing Automobile Manufacturing Co., Ltd. The contract is worth over 3 million dollars and extends through January 18, 2006. The air-conditioning units will be manufactured at Worldwide's newly acquired factory, Chengde Science & Technology Co., Ltd., ("Chengde"). Jimmy Wang, CEO of Worldwide, stated, "We are excited to receive this order since Beijing Automotive is one of the largest car manufacturers in China."
Worldwide is headquartered in San Bruno, California, and its two wholly owned subsidiaries, Shanghai Intech Electro Mechanical Products, and Chengde Science & Technology Co., Ltd., are located in Shanghai, China and Changchun City, China, respectively. Worldwide is an 8 year old engineering firm specializing in international contract manufacturing and is a direct manufacturer of air-conditioning units for cars. Its customers include the industries of wireless telecommunications, aerospace, automotive, machinery, tools, home electrical, electronics toys and etc.
The above news release contains forward-looking statements. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances, and are subject to a wide range of business risks, external factors and uncertainties. Actual results may differ materially from those indicated by such forward-looking statements. The Company assumes no obligation to update the information contained in this press release, whether as a result of new information, future events, or otherwise.