"WMFG is in a very rapid stage of growth. Our revenues last year climbed by 12% and our gross profit climbed by 31%. We want to insure that the investment community becomes aware of our growth and the opportunity that exists by our manufacturing of products in China for export to the United States," said WMFG Chief Executive Officer Jimmy Wang.
"Stomar Partners has demonstrated the ability to disseminate information to the small-cap segment of the investment community that is interested in companies such as WMFG. Since we are fairly new as a publicly traded company, few in the investment community are aware of our company and its operations. We have retained Stomar Partners to increase our visibility as we anticipate our growth to continue," said Wang.
WMFG 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 also a direct manufacturer of air-conditioning units for cars. Its customers include the industries of wireless telecommunications, aerospace, automotive, machinery, tools, home electrical, and general electronics. Worldwide provides its services to more than 100 companies in the United States, including 5 Fortune 500 companies: General Electric (NYSE:GE), Tyco International (NYSE:TYC), A. O. Smith Corporation (NYSE:AOS), Andrew Corp. (NASDAQ:ANDW), Danaher Corp (NYSE:DHR)
WMFG's clear competitive advantage is its ability to timely deliver high quality components at manufacturing costs that are at least fifty percent (50%) less than what WMFG's customers pay for similar products in the United States.
Stomar Partners LLC provides Financial Public Relations and Investor Relations services to small-cap and micro-cap companies traded on various exchanges, including the American Stock Exchange, NASDAQ, OTC Bulletin Board and the Pink Sheets. Stomar Partners maintains offices in Los Angeles, Chicago and Zurich.
For further information about Worldwide Manufacturing USA visit their web site at http://www.wwmusa.com
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.