SOURCE: MWW Automotive Group

MWW Automotive Group

June 22, 2009 08:00 ET

MWW Automotive Group Enters Into Distribution Contract With "ABT Sportsline GmbH" for Worldwide Distribution of Modelworxx's VW and Audi Products

HOWELL, MI--(Marketwire - June 22, 2009) - MWW Automotive Group (OTCBB: MWWC) (MWW), a leading supplier of customized OE accessories for the global automotive industry, announced today that its wholly owned subsidiary, Modelworxx GmbH, in Munich, Germany has entered into an agreement with ABT Sportsline GmbH for worldwide distribution of its leading edge products.

Modelworxx has developed and is manufacturing a line of innovative high-tech running boards for a variety of automobiles such as Toyota, Volkswagen, Audi, KIA, Opel, Mitsubishi and Mercedes, in addition to providing design services to BMW in Munich.

Under the agreement, ABT will carry the entire Modelworxx product line and also select U.S. designed and manufactured products for worldwide distribution. First orders of running boards for the VW Tiguan and VW Tuareg have been placed. ABT will also distribute the Modelworxx-designed running boards for the Audi Q5 and Audi Q7, as soon as they will be made available for sale by Modelworxx.

"We are happy to have formed this agreement for the worldwide distribution of our products through such an established and credible company as ABT," says Gerold Haas, CEO of Modelworxx. "In addition to the first products we are currently making available to ABT, we have already developed running boards for the AUDI Q7, Hyundai Tucson, KIA Sorento, Opel Antara, Nissan Qashqai, Toyota Rav4 and VW Tuareg and Tiguan, with additional boards for the Audi Q5 and Mercedes GL to follow soon. All products will be made available through ABT for worldwide distribution. We are looking forward to a mutually beneficial and long-lasting business relationship."

ABT Sportsline GmbH, currently in the fourth generation of its existence, is one of the world's largest distributors of VW accessories and performance tuning of VW vehicles. The company is managed by Hans-Jürgen Abt and his brother Christian Abt, a former pilot. ABT has been consistently growing since inception, even in this exceptional year of crisis for the automobile industry. In 2009 ABT has founded ABT ASIA Ltd., a subsidiary which manages distribution for the entire South-East Asian region. Newly opened showrooms in Dubai, Hungary and Poland, among others, are testament to the successful product and expansion policy the largest tuner of Volkswagen vehicles in the world is pursuing.

Modelworxx activities include design services for BMW, participating in the design of most new BMW and Mini models, including the design and building of complete show cars. Its design team operates from within the BMW design headquarters in Munich, Germany. From its outside assembly facility, MWX also provides rapid proto-typing and logistics services to BMW. At the same facility MWX designs and manufactures innovative and high quality accessories for a range of different car models for the global automotive industry with a focus on the European market. MWX also handles all logistics for the sales of its own and MWW's U.S. designed and manufactured products into Europe and Russia.

MWW Automotive Group is a full-service global design, engineering and manufacturing firm providing customized accessories for leading international vehicle manufacturers. MWW's products customize cars, sport utility vehicles (SUVs) and light trucks to meet consumer demand for vehicles reflecting their individual lifestyles and personalized needs. Noted for its innovative designs and adherence to the highest quality, MWW and its global subsidiaries provide substantial added value to the sale of vehicles for leading international automobile manufacturers such as Toyota, VW, Audi, Kia Motors, Ford, BMW, Mini and Rolls Royce in the U.S. and Europe. Headquartered in Howell and Baroda, Michigan and Munich, Germany, the MWW Group companies deliver their products and services directly to these select global automobile manufacturers' vehicle processing centers, distribution centers and/or assembly lines in the United States, Canada and Europe. The vehicle processing centers' technical teams install the MWW designed and manufactured products in a variety of vehicle types and deliver the accessorized automobiles into the dealer channels in their respective countries. The company's mission is to manifest its position as a global automotive company and to optimally utilize its combined U.S. and European design and manufacturing resources and strategic alliances to consistently provide the most innovative and leading edge automotive accessories for an increasingly demanding global market. Through Modelworxx, the Company also provides proprietary design services directly to BMW from within the BMW design facility in Munich, Germany. For more information please visit www.mwwautomotive.com, www.modelworxx.com and www.conner24.de or e-mail investorrelations@mwwautomotive.com.

Consulting For Strategic Growth1, Ltd. ("CFSG1") provides Marketing Worldwide Corporation with consulting, business advisory, investor relations, public relations and corporate development services. Independent of CFSG1's receipt of cash compensation from MWW, CFSG1 may choose to purchase the Company's common stock and thereafter liquidate those securities at any time it deems appropriate to do so.

Safe Harbor Statement

Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements, involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors discussed in the Company's periodic filings with the Securities and Exchange Commission, which are available for review at www.sec.gov under "Search for Company Filings."

Contact Information