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Worldwide Energy

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Title: Worldwide Energy


1
Worldwide Energy Manufacturing USA, Inc.
  • (OTC BB WEMU)
  • February, 2009

2
Safe Harbor Statement
  • In making an investment decision, investors must
    rely on their own
  • examination of the person or entity creating the
    securities and the terms of the
  • offering, including the merits and risks
    involved. The securities offered hereby
  • have not been recommended by any federal or state
    securities commission or
  • regulatory authority. Furthermore, the foregoing
    authorities have not confirmed
  • the accuracy or determined the adequacy of this
    document. Any
  • representation to the contrary is a criminal
    offense. The securities offered
  • hereby are subject to restrictions on
    transferability and resale and may not be
  • transferred or resold except as permitted under
    the Securities Act of 1933, as
  • amended, and the applicable state securities
    laws, pursuant to registration or
  • exemption therefore. Investors should be aware
    that they will be required to
  • bear the financial risks of this investment for
    an indefinite period of time.

3
Company Overview
  • Founded in 1993 as a U.S. based China
    manufacturer, serving the solar energy,
    aerospace, telecommunications, automotive, and
    electronics industries
  • Contract Manufacturing Division has 7 Fortune 500
    Clients
  • Reverse Merger in June 2004
  • Owns and operates three factories in China
  • New Solar Division, AMERISOLAR, formed in
    February 2008, has already announced 82million
    in new contracts for solar modules
  • Management estimates about 45 million in sales
    and 1.5 million in net income in 2008 or 0.47
    EPS
  • 1st, 2nd and 3rd Quarter Triple Digit Growth in
    Revenue and Earnings

4
Operations Overview
Worldwide Energy and Manufacturing USA, Inc
Manufacturing Division
Research and Development
Solar Division
Intech Electro-Mechanical (China Operation)
Ningbo Solar Factory 60MW
Shanghai Intech Electronics Factory
Shanghai Intech Precision Machinery Co. (die cast
factory)
5
Stock Basics
11.7
11.4
8.7
2,360
581
6
Contract Manufacturing Products
  • Foundry (manufacturing and sales distribution)
  • Die casting components,
  • Plastic injection components
  • Investment casting components,
  • Sand casting components
  • Forged components
  • Electronics (sales distribution)
  • PC board fabrication
  • PC board assembly
  • Wire harness cable assembly
  • Coil winding assembly
  • Machining and Stamping (manufacturing and sales
    distribution)
  • Machining
  • Stamping
  • Extrusion
  • Fiber Optic Components (sales distribution)

7
Contract Manufacturing Customer base
  • Manufacturing
  • Our 100 existing U.S. customers buy 60 billion
    in products that the Company has the capability
    to produce or source to China
  • Fortune 500 Customers GE, GM Shanghai, Tyco,
    Danaher, Flextronics, Smith Industries and Andrew
  • Our two acquired factories in China have
    customers where the consumption power of durable
    consumer items increased 26 annually for the
    past three years (statistics from Commerce
    Ministry of China)

8
SOLAR DIVISION AMERISOLAR
  • Provide solar modules to Solar Power System
    Integrators for clean, reliable and affordable
    solar energy
  • Modules have earned numerous quality designations
    including IEC612215, TUV, CE, and UL
    certifications
  • Mono and Poly crystalline modules feature two-bus
    bar cell design
  • Configuration has the advantage of maximizing the
    cells light absorbing surface area
  • Each Cell Array is tested power matched to ensure
    consistent performance between modules
  • Every module is tested utilizing a calibrated
    solar simulator to ensure power, voltage and
    current ratings.
  • Glass surface of our modules have been tested to
    Solar Industry Standards
  • Modules have a weather-resistant frame
    constructed of aluminum alloy for endurance in
    rugged weather conditions and given a double
    oxidation coating for additional protection
    against the elements

9
Solar Industry Overview
  • New Solar Products
  • Global solar market totaled 30 billion in
    revenues in 2007, according to Photon Consulting
  • Solar continues to be one of the fastest growing
    sectors within the cleantech industry
  • Recent 40 annual growth rate reported
  • Expected 40 continued growth rate for the next
    few years

10
Solar Division Investment Highlights
  • Strong Market Growth Prospects
  • High fuel cost and environmental issues force
    shift to clean energy
  • PV industry sales to reach 23bn in 2010, a CAGR
    of 27 for 2007-2010
  • Experienced Management Team
  • Strong Research and Development Team
  • Strong Order Flow-82M solar contracts during the
    past 12 months
  • Steady Supply of Silicon Wafer-long term
    contracts available

11
Solar Division Growth Strategy
  • Complete Ningbo Solar Module Factory in December
    2008
  • Targeting exponential growth in 2009 and 2010
  • Strengthen RD department to complete more
    patents both in silicon wafer and thin film
    technology
  • Secure long-term silicon wafer contract supplier
    in Q-1, 2009

12
Competitive Advantages in Solar Space
  • Better QC Technology of Amerisolar
  • Research Development Arm working on silicone
    and thin film technology
  • Strong RD Team Led by World Renown Scientists
    and Universities Shanghai Jiao Tung University
    and Beijing Solar Energy Research Institute
  • Working on EPV technology for Thin-Film and filed
    patents for silicon PV module technologies
  • Disciplined Sales Team with industry experience
    and ability to land large contracts

13
Revenue Growth
200
100
45
11.7
8.7
11.4
969
Solar Solar Division
CM Contract Manufacturing
14
Earnings Growth
13,450
5,400
1,500
581
969
575
15
Financial Highlights
Balance Sheet
Income Statement
16
Industry Comparables
Share price and market capitalization are as of
July 30, 2008 and financial results are as of
most recent reporting date.
17
Management Team
  • Jimmy Wang, Chief Executive Officer - Mr. Wang
    has over twelve years experience in a wide range
    of component manufacturing. From 1996 to the
    present, Mr. Wang has been President, CEO and
    director of Worldwide Energy and Manufacturing
    USA, Inc. (California). He became President, CEO
    and Chairman of the Colorado holding company of
    the same name on September 30, 2003. From 1990 to
    1995, Mr. Wang was the Sales Manager for MP World
    Manufacturing, Inc. From September 1993 to May
    1996 Mr. Wang and Mindy Wang operated a sole
    proprietorship under the name Worldwide
    Manufacturing USA. In 1996, Mr. Wang incorporated
    Worldwide Energy and Manufacturing USA, Inc. In
    1990, Mr. Wang earned a Masters Degree in Applied
    Economics from the University of Minnesota, and
    in 1982 received a Bachelors of Science Degree in
    Economics from the Shanghai Institute of Foreign
    Trade.
  • Jeff Watson, President Mr. Watson has over 23
    years of manufacturing experience supporting a
    variety of industries and markets. He started
    his career as an engineer in the power
    transmission industry with Fasco Gearmotors, a
    vertically integrated design and manufacturing
    company producing gear-motors, linear actuators
    and the supporting electronic controls. He held
    several engineering and managerial positions
    until leading the organization as General Manager
    from 1999 to 2001. In 2001, Mr. Watson joined
    Joslyn Sunbank and led the company as President
    until 2008. Joslyn Sunbank, a division of the
    Danaher Corporation, is as leader in the design
    and manufacture of high reliability electrical
    components and sub-systems serving Aerospace and
    Defense markets globally. Mr. Watson has grown
    the businesses that he has led through
    operational excellence and the successful
    application of Lean Manufacturing principles. He
    earned a Bachelor of Science Degree in Mechanical
    Engineering from the University of Missouri.
  • Mindy Wang, Secretary and Treasurer -Ms. Wang has
    over twelve years of accounting and financial
    management experience with Technology Power and
    Worldwide Manufacturing. From 1996 to the
    present, Ms. Wang has been Secretary and
    Treasurer of Worldwide Energy and Manufacturing
    USA, Inc. In September 1996, Ms. Wang founded,
    with her husband, of Worldwide Energy and
    Manufacturing USA, Inc. She became Secretary and
    Treasurer of the Colorado holding company of the
    same name on September 30, 2003. From 1991 to
    1993 she was an accountant with Technology Power.
    The business of Technology Power was assembling
    personal computers for retail and business
    customers. From September 1993 to May 1996 Mr.
    Wang and Mindy Wang operated a sole
    proprietorship under the name Worldwide
    Manufacturing USA. Ms. Wang earned the equivalent
    of a Bachelors Degree in International Business
    from the University of California at the Los
    Angeles Institute of Economics and Management in
    Beijing and attended the Master's program of the
    Business Education of the University of
    Minnesota. Ms. Wang is the wife of Jimmy Wang.

18
Management Team
  • John Ballard, Chief Financial Officer - Mr.
    Ballard became Chief Financial Officer of
    Worldwide and its California operating subsidiary
    in September 30, 2003. Mr. Ballard has more than
    fifteen years of business management, project
    management, and accounting experience. From
    January 2002 to the present, Mr. Ballard has been
    a financial consultant and director of Reveal
    Systems, Inc., a software development company and
    internet provider based in Longmont, Colorado.
    Mr. Ballard recently helped to complete the
    acquisition of Reveal Systems by Stewart Title in
    January of 2007. Mr. Ballard was the Chief
    Financial Officer of Call Solutions, Inc., a
    publicly traded company, from October 1999 to
    November 2002. Call Solutions was in the business
    of opening call centers. From 1997-1999, Mr.
    Ballard owned and operated various food
    operations, Cookies N Kreme and Lincoln Street
    Café in the Denver Metropolitan Area. From 1988
    to 1993, Mr. Ballard was Chief Financial Officer
    for Apple Sundries, Inc., a Denver retail chain.
    Since 1999, Mr. Ballard has been a major
    shareholder, owning 10 or more, and a consultant
    in five blank check companies, Tabatha I, Inc.
    Tabatha II, Inc., Tabatha III, Inc. (Worldwides
    predecessor), Tabatha IV, Inc., and Tabatha V,
    Inc. Mr. Ballard holds a Bachelor of Science
    Degree in Management and Marketing from the
    University of Colorado where he graduated Magna
    Cum Laude. Mr. Ballard also holds Masters of
    Business in Administration from Regis University.
  • Philip Zhang, Vice President Operation - Mr.
    Zhang concurrently functions as the VP of
    Operations for Worldwide U.S. headquarter, and
    the General Manager for all China operations
    since April of 2001. He is responsible for
    directing the companys manufacturing and
    supplier chain management in China. Mr. Zhang has
    many years of experience in engineering
    modification, quality and delivery control and
    production line management. From 1998-2001, he
    was founder/owner and employee of his trading
    company in San Francisco. He worked as an
    Engineer and the Supervisor in US Postal
    Service-Main facility in San Francisco,
    California from Mar 1989 to Feb.1998. He was a
    Software Engineer in Computer and Cash Register
    Co. in San Francisco, California from Jun, 1988
    to Feb, 1989. From Oct. 1982 to Mar. 1986, Mr.
    Zhang was the Assistant General Manager and
    Director at 12th Weaving Factory in Shanghai,
    China. He was responsible for manufacturing
    operations, quality assurance, RD development,
    capital expenditures and staffing responsibility.
    He attended the China Textile University in
    Shanghai and graduated with a Bachelors in
    Mechanical Engineering in 1982. He completed a
    Masters Degree in Computer Science at the San
    Francisco State University in 1988.
  • George Wang, Vice President and CEO of Solar
    DivisionMr. Wang has more than 10 years of
    manufacturing experiences in electronics and
    solar industries, and he joined in Worldwide
    Energy and Manufacturing USA, Inc in June, 2008.
    He started his career as an English teacher in a
    senior middle school in 1994, and four years
    later he worked as General Manager Assistant in
    Shanghai Benda Electronics. In 2006, he joined in
    Solarfun Power Holdings, one of the major players
    in the Chinese solar energy industry. He held the
    positions as Special Assistant to Chairman of the
    Board and Director of Sales and Strategic
    Accounts. He played a very active and important
    role in the process of Solarfuns IPO on NASDAQ
    and in the brand promotion of Solarfuns solar
    modules all over the world. Mr. Wang earned a
    Bachelor of English Education from Nanjing Normal
    University and a Master Degree of Law from Law
    School of Jilin University. In 2004, he finished
    his post-graduate program Comparative Legal
    Research between Chinese law and American law
    from Johns-Hopkins University in the United
    States.

19
Contact Us
Corporate Headquarters
Worldwide Energy and Manufacturing USA, Inc. (OTC
BB WEMU) Jimmy Wang, CEO Phone 650-794-9888
408 N. Canal St., Units AB E-mail
jimmyw_at_wwmusa.com South San Francisco, CA 94080
Website www.wwmusa.com
Investor Relations Contact
Investment Bank
RedChip Capital LLC/RedChip Securities Inc. David
Coherd Phone 770-410-1040
RedChip Companies Inc. Dave Gentry 1-800-REDCHIP
(733-2447) ext 104
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