Worldwide Manufacturing USA, Inc. Announces Jeff Watson as New President
Market Wire, January, 2008
Worldwide Manufacturing USA, Inc. (OTCBB: WWMU), a U.S.-based China manufacturing engineering firm and direct manufacturer of die-casting, machining, electronics products and air condition units for automobiles, today announced that Jeff Watson has been named President.
Mr. Watson brings over 23 years of manufacturing experience to the Worldwide Manufacturing team, and his expertise reinforces the company's focus on rapid expansion of its manufacturing business. Prior to joining Worldwide Manufacturing, Mr. Watson was President of Joslyn Sunbank Company, a division of the Danaher Corporation, a fortune 500 company with revenues of approximately $10.7 billion in 2007. Mr. Watson also worked for the Fasco Motors Group as General Manager of Von Weise Gear Company, a designer and manufacturer of gear motors, linear actuators and support electronic assemblies. While leading these companies, Mr. Watson leveraged the existing customer base into rapid, organic revenue growth with significantly increased profitability.
Mr. Watson will be responsible for creating marketing strategies to not only increase Worldwide's existing contract manufacturing business but also to explore large volume and high technology oriented manufacturing business opportunities. Additionally, Mr. Watson will be responsible for the manufacturing operations of Worldwide.
Jimmy Wang, CEO of Worldwide, stated, "We are excited to have Mr. Watson join our team and to share in management responsibility, so that I, as the CEO and Board Chairman, can focus my attention on acquisitions, new project development and capital markets. His experience and knowledge will contribute greatly to the rapid business growth of Worldwide in the next few years."
About Worldwide Manufacturing USA, Inc.
Worldwide Manufacturing USA, Inc. ("Worldwide") is headquartered in San Bruno, California. Subsidiaries include Shanghai Intech Electro Mechanical Products Co. Ltd, Chengde Science & Technology Co. Ltd., Shanghai Intech Electronics Manufacturing Co. Ltd. and Shanghai Intech Precision Mechanical Products Manufacturing Co. Ltd., located in Shanghai and Changchun City, China. Worldwide is a 14-year-old engineering-oriented firm specializing in international contract manufacturing and is also a direct manufacturer of automobile air-conditioning units, die-casting and electronics components. Its customers include the industries of wireless telecommunications, aerospace, automobiles and medical equipment. Worldwide also manufactures components for industries of instrumentation, machinery, tools, home electrical solutions and electronic parts such as electronic toys. The company has filed for a name change to "Worldwide Energy and Manufacturing USA" to reflect its expansion into the alternative energy space for the manufacture of photovoltaic cells and solar modules.
For further information on Worldwide Manufacturing USA, Inc., please visit www.wwmusa.com . You may register to receive Worldwide Manufacturing USA, Inc.'s future press releases and to be added to the Company's distribution list by contacting John Ballard.
Forward-Looking Statements
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.
Company Contact: Worldwide Manufacturing USA John Ballard 303-885-5501 johnballard@revealsystems.net
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