Worldwide Energy and Manufacturing Announces New 3.8 MW Spanish Solar Contract Valued at $8.8M

SOUTH SAN FRANCISCO, CA and SHANGHAI, CHINA--(Marketwire - July 27, 2009) - Worldwide Energy and Manufacturing USA, Inc. (OTCBB: WEMU), a U.S.-based China manufacturing company specializing in products for customers in the industries of solar energy, aerospace, wireless telecommunications, medical equipment and automotive, today announced that its solar division, AmeriSolar, has received a new 3.8 MW solar module contract for a customer in Spain. The contract is valued at approximately US$8.8 million and has been scheduled for delivery over a six-month period: August, September, November, December 2009; and January, February 2010.

Jimmy Wang, chief executive officer of Worldwide Energy, stated: "This contract further validates are unique business model and our superior solar technology. We have simply built a better solar module with more structural integrity and better long-term efficiency. Further, our unique combination of in-house manufacturing and outsourced solar panel manufacturing gives us the ability to deliver high-quality solar panels quickly and efficiently while maintaining competetive gross margins."

Worldwide now sells it solar panels in ten countries including Germany, Italy, Switzerland, Portugal, France, Spain, Australia, South Korea, Japan, and the United States.

Wang added: "With our competitive edge, better quality control technology and strong sales contacts we continue to win new customers while continuing to grow our revenues and earnings quarter-over-quarter and year-over-year."