SOURCE: Worldwide Manufacturing USA, Inc.

April 18, 2007 09:30 ET

Worldwide Manufacturing USA, Inc. Announces Research Report by Beacon Equity Research

SAN BRUNO, CA and SHANGHAI, CHINA -- (MARKET WIRE) -- April 18, 2007 -- Worldwide Manufacturing USA, Inc. ("Worldwide") (OTCBB: WWMU), an engineering, direct manufacturer of die casting, stamping, electronics fabrication and air-condition units for automobiles, today announced that Beacon Equity Research Firm that provides Independent Investment Analysis recently completed an updated report on Worldwide. In the report Beacon concluded that "Worldwide Manufacturing is a company with exciting growth opportunities arising from the continued secular growth of outsourcing as a means for companies to reduce costs and improve capital and operating efficiency. With strong relationships in the U.S., where companies continue to seek lower cost yet high quality production and in China which continues to be a low cost source of production, this company is well positioned to grow its business through new contracts as well as facility acquisitions. Furthermore, a developed and proven system of quality control gives Worldwide a competitive advantage that many of its peers simply do not possess. Fundamentally, the company also appears undervalued given its historical earnings record and outlook for increasing future earnings growth and have rated Worldwide a "Speculative Buy with a target price of $9.50."

Beacon Equity Research is an independent equity research firm with a focus on providing coverage to small-cap companies. To view the entire research report, written by Victor Sula, Ph.D. is a Senior Analyst with Beacon Research. Please click on the attached URL: for a copy of the report.

Jimmy Wang, CEO of Worldwide commented that, "This report provides further confirmation to our shareholders that our company is poised for explosive growth as well as being undervalued in terms of share price."

About Beacon Equity Research

Beacon Equity Research is committed to producing the highest quality investment research, and helping investors make informed decisions. Our focus is primarily on the underserved small cap market, which has traditionally been shunned by Wall Street. We have no investment banking or consulting relationships with the companies we cover, removing an inherent conflict of interest typically found in most research firms. The companies we feature have agreed to enroll in our research program for a set period and have also agreed to pay an upfront fee to defray the costs of research, publishing and distribution. Our analysis and conclusions are therefore made independently from outside pressures. We seek to explore every pertinent aspect of a company's business and make investors fully aware of the potential risks and rewards involved with the company's stock. All of our reports are co-authored and approved by a Chartered Financial Analyst (CFA), one of the most prestigious designations in the securities industry. As a CFA holder, our analysts are bound by the AIMR code of ethics.

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.

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