SOURCE: Worldwide Manufacturing USA, Inc.

May 02, 2007 08:00 ET

Worldwide Manufacturing USA, Inc. Announces Dividend of .01 Cent per Share

SAN BRUNO, CA and SHANGHAI, CHINA -- (MARKET WIRE) -- May 2, 2007 -- Worldwide Manufacturing USA, Inc. ("Worldwide") (OTCBB: WWMU), an engineering firm and a direct manufacturer of die casting components, electronics products and air-condition units for automobiles, today announced that the Board of Directors of Worldwide approved a cash dividend of .01 cent per share. The shareholders of record on May 30, 2007 will receive the dividend which will be paid on June 30, 2007. Jimmy Wang, CEO of Worldwide, stated that "due to the company's excellent financial performance in 2006 with net profit increasing 67% to .48 cents per share and revenues increasing 31% to $11.4 million, we wanted to share the company's success by issuing a dividend."

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 13-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.

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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.

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