Marketing Worldwide Adopts New Trade Name and Re-Designs Web Site to Better Reflect Company's Focus and Recent Expansion
10 Dezember 2007 - 2:00PM
Marketwired
HOWELL, MI , a leading supplier of customized OE accessories for
the global automotive industry, announced today that it has adopted
the trade name of "MWW Automotive Group" ("MWW Automotive") and
re-designed its Web site to better reflect the company's focus and
its recent expansion. The Company's stock trading symbol (OTCBB:
MWWC) remains the same.
Recent acquisitions.
MWW Automotive has completed two key acquisitions since June
2006, the most recent being Modelworxx GmbH, a premier automotive
design firm located in Munich, Germany. Modelworxx has longstanding
relationships with most European domestic and foreign automobile
manufacturers, especially BMW, Mini and Rolls Royce. That
transaction, announced November 29, 2007, substantially expanded
MWW's design, engineering and marketing capabilities, broadened its
product and customer base, and widened access to the global
automotive markets.
Previously, MWW Automotive had acquired Colortek Inc., a "Class
A" Original Equipment (OE) painting facility, headquartered in
Baroda, Michigan. Colortek is one of the few mid-sized "Class A"
painting facilities in the United States qualified to provide the
industry's highest quality OE painting for a variety of automotive
accessories. Colortek's clients include Toyota, Ford, Chrysler,
Mitsubishi, Mazda, and Navistar.
These acquisitions are important steps in MWW's vertical
integration strategy, securing essential design, supply and
manufacturing resources as laid out in MWW's original business
plan. The acquisitions immediately expand MWW market share and
strengthen its position in the rapidly growing industry of
automotive accessorizing and customizing of cars and light
trucks.
Updated Web site.
Reflecting the new expanded Company, MWW this week launched a
re-designed updated Web site: www.mwwautomotive.com. The new site,
created with close cooperation between Modelworxx and
MWWAutomotive, reflects the Company's new corporate image as a
growing high-quality global company with immediate access to the
North American and European markets. The site presents the
Company's history, new group governance system, global structure,
locations and customers, and products and services. The investor
relations section includes past and current press releases, a
selection of articles and analyst reports, management biographies
and a direct link to the Company's stock quote and SEC filings.
The site in its current form represents Phase One of an advanced
technology Internet platform to be implemented in several stages.
In Phase Two, the site will function as a complete logistics
exchange platform between all companies in the Group. An additional
secure section will give MWW's global customers and suppliers
individual password-protected access to installation instructions
and eventually training videos for MWW's expanding lines of
automotive accessory components and other after-sale technical and
product support. Phase Two is expected to be launched during the
first half of 2008.
Michael Winzkowski, President and CEO of MWW Automotive Group,
said, "Our updated Web site vividly reflects the high quality and
global presence of our growing company. We are looking forward to
completing the expanded capabilities of Phase Two, providing
exclusive access for our customers and suppliers. The site's fully
scalable, fail-safe hardware and software will create a
sophisticated information and logistics exchange and training
platform for our growing international roster of customers."
About MWW Automotive Group
MWW Automotive Group (OTCBB: MWWC) is a leading designer,
manufacturer and certified Full Service Supplier of OE accessories
for the global automotive industry for the customization of cars,
sport utility vehicles and light trucks. Headquartered in Howell,
Michigan, MWW has operations in the United States, Germany and
Dubai and delivers its products directly to select global
automobile manufacturers' vehicle processing centers and/or
assembly lines in the United States, Canada and Europe. The VPC's
and assembly lines' technical teams install the MWW 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 continue expanding its position as a global
automotive company, to fully utilize its domestic and European
design and manufacturing resources and to consistently design,
manufacture and supply innovative and leading edge automotive
accessories that fulfill a demand within a global market.
More information about MWW Automotive Group is available at
www.mwwautomotive.com; please email any questions about the company
to investorrelations@mwwautomotive.com or contact Consulting for
Strategic Growth 1 at info@CFSG1.com.
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."
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.
COMPANY CONTACT: Rainer Poertner Executive Vice President Tel:
1-517-540-0045, x43 Fax: 1-517-540-0923 Email Contact
www.mwwautomotive.com INVESTOR RELATIONS: Stanley Wunderlich CEO
Consulting for Strategic Growth I Tel: 1-800-625-2236 Fax:
1-212-337-8089 Email Contact www.cfsg1.com MEDIA RELATIONS: Daniel
Stepanek CFSG I Tel: 1-212-896-1202 Fax: 1-212-337-8089 Email
Contact
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