March 10, 2011 /PRNewswire/ --
MWW Automotive (OTC Bulletin Board: MWWC), a global design, engineering, and manufacturing company serving the world's leading automotive manufacturers, has signed a Strategic Alliance Agreement with Harmony Systems and Services, Inc., an ISO certified leader in injection molding, extrusion and value added assembly of plastic products. The agreement with Harmony provides for an expanded production of automotive injection and extruded products accommodating increased product offerings to MWW's automotive and industrial customers. The cooperation combining the resources of both companies in design, manufacturing and distribution to increase market share and competitiveness in the automotive industry
"Both companies are extremely excited about this alliance," stated
Edward Adams, President of Harmony Systems and Services Inc. "This partnership will allow both companies to focus on their specific strength and capabilities and share responsibilities in the relationship with our large customers and the overall design and production process. It will produce greater depth of production flexibility, while further improving product quality, expanding our mutual customer bases and increasing overall efficiencies for both companies."
"The alliance with Harmony will create immediate benefits for both sides," says
Chuck Pinkerton, CEO of MWW Automotive. "The combination of the specialized injection molding production techniques and capabilities of Harmony and the application of these technologies to MWW products enhance our best-in-class offerings to leading automotive manufacturers in
North America. This strategic alliance aims to create a more cost-effective design, manufacturing and distribution platform that improves our companies' market share and capitalizes on new revenue-generating opportunities."
Harmony Systems supports the automotive, consumer, industrial and medical industries with world-class products for both exterior and interior automotive components. Harmony's major automotive customers
are Ford, GM, Honda, Toyota, Daimler, Fiat and Chrysler
From its 81,000 square foot injection molding facility equipped with 30 Molding Machines from 88 to 1,500 tons and the 20,000 square foot extrusion facility with 12 Extruders, based in
, Harmony provides complete services and assembly for injection and extrusion molded products for the automotive industry, but also for industrial goods, medical systems and consumer goods manufacturers. The mission of Harmony is to provide unequaled injection molded and extruded products and value added assembly that meet and exceed customer needs in core markets across
. Harmony thrives to exceed customer expectations by providing consistent world-class products by working with their customers and strategic partners at the start of their project so that the perfect manufacturing technique can be applied. For more information please visit
About MWW Automotive Group
, with a "Class A" painting facilities in
, MWW Automotive Group (OTC Bulletin Board: MWWC) delivers its products, design and Class A painting services directly to select global automobile manufacturers' vehicle processing centers (VPC), distribution centers and/or assembly lines in
the United States
. The VPC's technical teams install the MWW designed and manufactured products in a variety of vehicle types that are channeled through them by the manufacturer for distribution, and deliver the accessorized automobiles into the dealer channels in their respective countries. The company's mission is to manifest its position as a truly global automotive company and to fully utilize its combined design and manufacturing resources to consistently provide the most innovative, leading edge and high quality automotive accessories for an increasingly demanding global market. Noted for its adherence to the highest quality requirements, MWW products are designed and manufactured to meet and exceed customers' expectations and requirements. MWW provides substantial added value to the sale of vehicles for leading international automobile manufacturers such as Toyota, BMW, Hyundai, Kia Motors, GM and Ford. For more information please visit
, or e-mail
Safe Harbor Statement
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
under "Search for Company Filings."
SOURCE MWW Automotive Group