MWW Automotive Forecasts Growth Exceeding Previous Expectations in Letter to Shareholders

November 12, 2009, 07:00 am EST

HOWELL, Mich., November 12, 2009 – MWW Automotive Group (OTC BB:MWWC.OB - News), a global automotive  firm providing design services and designing and manufacturing accessories for many of the world's leading automotive manufacturers, today presented shareholders with a strong, positive summary of the Company’s many recent achievements, including impressive sales increases for the past six months, and a forecast of growth exceeding previous company expectations, based on substantial numbers of contracts with major customers, current and new. 

The entire letter to Shareholders follows:

Dear Shareholders:

I am happy to report that, despite the downturn that the global automotive industry has experienced during the last twelve (12) months, MWW Automotive is able to report improving operational and financial results, including an increase in our Third and Fourth Quarter revenue, and an improvement of our bottom line.  In fact, the newly emerging trend of more frequent smaller “Special Vehicle” production runs of the large automotive manufacturers’ falls squarely within MWW’s competence and generates a larger market for us.  As a result, we have added several new large customers, established new distribution channels in Europe and Mexico and continue to expand our customer base and product line.   

While never resting on our improvements, we are pleased with our recent results, and as the industry begins to stabilize, we want to share with you in more detail the reasons for our positive outlook for the coming year.  MWW is not only participating in the general recovery of the industry, but is clearly surpassing average sales growth for the industry and accelerating the improvement of its financial performance with increasing revenues for the last six consecutive months.

A Look at the Industry
The overall financial markets have been gaining momentum recently, and there are clear signs of “new beginnings” in the general market and in the auto industry. Many auto stocks are performing well and the financial markets seem to be gaining new confidence in the auto industry, which has always been a leading indicator for the general health of the global economy (i.e. Ford (F), American Axel & Manufacturing Holdings Inc (AXL)).  Consumer sentiment is improving and we expect that the existing pent up demand will continue to give the automotive industry a strong boost in the months ahead.  Accordingly, some large manufacturers have begun to increase their production capacity, especially for smaller and more fuel efficient cars.  German auto sales have risen 24% in October, GM posts a 5% gain and Ford has posted a profit for nearly $1billion for the third quarter of 2009. US auto sales have risen for the first time since 2007 and are predicted to rise by fifteen (15%) in 2010.

Government incentives in Europe and the US, such as the “Cash for Clunkers” bill, have already produced very encouraging global results, and the extension of the bill in the U.S. through Labor Day continued to boost U.S. automotive sales.  While the increased demand based on these initiatives has produced an artificially increased increase in sales during the months of August and a large backlash was expected, sales have held steady and are expected to increase over the months to come. More importantly, MWW sales have now increased for six consecutive months in a row, including in September 2009. Major automobile and supplier stocks have seen a notable rise and analysts are slowly beginning to anticipate a sustainable upward trend. MWW stock is beginning to show some volume and tightening of the spread; planned investor relations activities will improve and expedite that trend.

MWW 2009 Accomplishments

This upward trend is evidenced in our own financial performance, which improved notably again in the Third and Fourth Quarter of our fiscal year 2009 (FY September 30), and we expect this improvement to accelerate during 2010.

• Revenue for the 3rd quarter rose 61%.
• The Company’s operating loss improved by 51%for the 3rd quarter over the 2nd quarter of 2009.
• August 2009 sales rose 24% over July 2009 sales.
• September Sales rose 10% over August sales
• Fourth Quarter sales increased 48% over Third Quarter Sales.
• Annual sales are expected to slightly surpass our recent projections.

By recognizing and taking advantage of the dramatically changing market conditions in the automotive industry, MWW has generated a large number of new opportunities during the last twelve months.  Many of the large manufacturers have switched to smaller “Special Vehicle” production runs that can no longer be economically executed by the large and heavily automated manufacturing facilities (Tier 1s), but fall squarely within MWW’s core competency.

All companies in the MWW Group currently have more Requests for Quotes (RFQs) and new projects in different stages of development and production than at any other time in our history and orders and forecasts from our large global customers are improving.

A wide range of newly developed products and the newly established distribution channels in Europe, the US and South America will improve the company’s performance.  We are looking forward and are ready to aggressively take advantage of these new opportunities in the months and years to come.  Following is an overview of our accomplishments during 2009 and the opportunities that still lie ahead.

Review of first half of FY 2009:

• MWW Colortek (CTI) signs Strategic Alliance Agreement with American Autocoat, a large Tier 1 company serving most domestic auto manufacturers.
• MWW  Colortek receives ISO 9001:2008 certification
• Modelworxx (MWX) finishes design of six new running boards for Toyota Rav4, VW Tiguan & Touareg, Chevrolet Captiva, Opel Antara, Mitsubishi, Mercedes and KIA Sportage.
• MWX in Germany begins assembling and shipping running boards from its 2nd design and production facility outside BMW.
• MWX receives approval from German TUV and ABE certification for its products.
• MWX signs distribution agreements with several of the largest distributors in Europe, including France, England, and Holland and begins shipping product throughout Europe. Several new large MWX distribution agreements for Europe are currently in negotiation.
• MWX launches online site “Conner” (www.conner24.de ) and commences with online sales for MWW products in Europe, currently attracting 6,000 unique visitors per month.
• Chess Valley in the UK establishes a company exclusively for the sale of Modelworxx’s “Conner” products in England, Ireland, Wales and Scotland.
• MWX signs distribution agreement for all MWX running boards with Borbet in Germany, one of the largest automotive accessory distributors in Europe.
• MWW is awarded side body moldings for Toyota Corolla/Matrix by SouthEast Toyota and Gulf States Toyota.
• MWW is awarded seat heater program for SouthEast Toyota and the Toyota Camry, Corolla Rav4, 4Runner, Venza, Prius, Tundra, Tacoma.
• MWW/MWX has agreed on logistics with Toyota Russia and other Russian distributors for distribution of MWW products in Russia.
• MWW/MWX receives approval from Toyota Japan for MWX designed running board.
• MWW signs exclusive distribution agreement with AVG/Bongiovi Acoustics for the distribution of its revolutionary car audio technology to MWW key customers.
• MWW signs representation agreement with GT Sales Corp for broader US representation.
• MWW launches “Concept One”, a new division focused on the aftermarket wholesale distribution.
• Colortek (CTI) enters into several Letters of Intent with large European/US Tier1 companies for the production of several new programs for major US, German and Asian manufacturers.
• CTI begins pre-production prep phase for several large domestic production runs for Suzuki, Ford and Hyundai.
• MWW concludes a cooperative agreement with a leading European development firm for revolutionary and proprietary new thin film technology for application in the transportation industry.
• Colortek begins production for Suzuki and Ford products as part of its strategic alliance agreement with Polytec.
• MWW executes first launch of RAV4 running boards through Toyota Canada.
• MWW launches the Bongiovi KDS 100 stereo system for Southeast Toyota in the special edition Yaris Hatch Back vehicle.
• MWW supplies interior trim and exterior components to Southeast Toyota for the special edition Yaris.
• MWW launches a program in conjunction with Katzkin Leather for interior trim upgrades.

In first half of FY 2010 (which began October 1, 2009), MWW expects to:

• Begin CTI production for new programs with Ford, Suzuki, Hyundai and VW, through a strategic alliance with a major European/US Tier 1 company.
• Finalize MWX distribution agreement with Toyota Russia and Toyota Europe, currently in negotiation.
• Begin selling MWW’s US designed and produced products in Europe through MWX.
• Expand MWX design capabilities to other large German automobile manufacturers.
• Finalize MWW/MWX negotiation for distribution agreements in Malaysia and Singapore.
• Begin MWX design for a range of new interior and exterior products for global distribution.
• Launch several CTI long-term projects for Asian, German and domestic manufacturers.
• Continue expanding European product roster and distribution network.
• Conclude process for release of MWX-designed running board for Toyota Canada and US.
• Receive finalized Bongiovi new “DPS” product for distribution through MWW distribution channels.
• Continue to establish new MWW aftermarket distribution relationships with large domestic distributors.
• Enter into several new strategic alliances for distribution of MWW OE products throughout the US.
• Expand MWW body side molding distribution to include Toyota Venza, Prius, Camry, Highlander, Corolla, and Matrix.
• Launch MWW seat heater systems into the Gulf States Toyota 5 state distribution region.

Already in FY 2010, MWW:

• Has been awarded seat heater systems programs for Toyota Canada through AVG Canada for Toyota Prius, Venza, Highlander, 4Runner, Tacoma.
• Installed first Bongiovi DPS sound system module for a major Asian OE manufacture.
• Expanded the iPod Digital interface to include all Toyota produced vehicles.
• Expanded its seat heater offerings to include special applications for Prius, Venza, Camry, and Rav4.
  

Concluding the letter, Michael Winzkowski, Chief Executive Officer of the MWW Group, stated, “The changing market conditions are generating excellent new opportunities for the MWW Group, and we are well positioned for continued strong growth.  All companies of the MWW Group, in both the U.S. and Europe, are currently in negotiations with a number of important new customers for new programs for mid- and long-term execution, and new distribution channels have been established.  We are looking forward to aggressively taking advantage of these opportunities in the months and years to come.”

We are grateful for the continuing support from you, our shareholders.  We intend to keep providing you with the value you expect and deserve.

Sincerely yours,

Michael Winzkowski, Chief Executive Officer

James Marvin, Chief Operating Officer                                                                    James Davis, Chief Financial Officer

MWW Automotive Group                                                                                              MWW Automotive Group

About MWW Automotive Group

Headquartered in Howell, Michigan, with Class A painting facilities in Baroda, Michigan (Colortek, Inc.) and design and assembly facilities in Munich, Germany (Modelworxx GmbH), MWW Automotive Group  (OTCBB:MWWC) delivers its products, design and Class A painting services directly to select global automobile manufacturers' vehicle processing centers, distribution centers and/or assembly lines in the United States, Canada and Europe. The customers’ technical teams install the MWW designed and manufactured 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 manifest its position as a truly global automotive company and to fully utilize its combined U.S. and European design and manufacturing resources to consistently provide the most innovative and leading edge automotive accessories for an increasingly demanding global market. Noted for its adherence to the highest quality requirements, MWW and its global subsidiaries provide substantial added value to the sale of vehicles for leading international automobile manufacturers such as Toyota, BMW, Hyundai, Kia Motors, GM and Ford in the US and Europe. The Company also provides proprietary design services directly to BMW from within the BMW design facility in Munich, Germany. For more information please visit www.mwwautomotive.com and www.modelworxx.com or e-mail investorrelations@mwwautomotive.com.

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 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.