SOURCE: Worldwide Manufacturing USA, Inc.

March 22, 2007 07:30 ET

Worldwide Manufacturing USA, Inc. Announces New Credit Facility of $2.25 Million With Greater Bay Bank

SAN BRUNO, CA and SHANGHAI, CHINA -- (MARKET WIRE) -- March 22, 2007 -- Worldwide Manufacturing USA, Inc. ("Worldwide") (OTCBB: WWMU) (, an engineering contract manufacturing firm and a direct manufacturer of die-casting, electronics products and air-conditioning units for automobiles, announced today that it has established a new credit facility with Greater Bay Bank for $2.25 million. These funds will be used to further expand Worldwide's factories in China along with additional working capital. Jimmy Wang, CEO of Worldwide, commented, "We are excited about our new banking relationship and look forward to having a partner to assist us in our rapid growth."

About Greater Bay Bank, N.A.

Greater Bay Bank, N.A. is a diversified financial organization committed to business excellence and relationship-based client service delivered through eight Bay Area community banking franchises. Best of all, we provide the expertise of a financial institution with more than $7 billion in assets, while retaining the personalized attention and local decision making of a community bank.

For further information please contact Richard Gil at 415-782-8646, email or mail at 225 Bush St, Suite 100, San Francisco, CA 94104.

The Greater Bay Bank, N.A. Family: Golden Gate Bank, Bank of Petaluma, Coast Commercial Bank, Greater Bay Bank, Mid-Peninsula Bank, Mt. Diablo National Bank, Peninsula Bank of Commerce, Santa Clara Valley National Bank.

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 and automobiles and medical equipment. Worldwide also manufactures components for industries of instrumentation, machinery, tools, home electrical solutions and electronic parts such as electronic toys.

For further information on Worldwide Manufacturing USA, Inc., please visit 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 or Jim Painter of Emerging Markets Consulting, LLC.

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.

Contact Information