HOWELL, Mich., Feb. 6, 2013 /PRNewswire/ -- MWW Automotive
Group (OTCQB: MWWC), a global design, engineering, and
manufacturing firm, serving the world's leading automotive and
industrial manufacturers, announced today that Five Axis has
significantly expanded its relationship with the firm for their
entire Scion Five:AD accessory line of products.
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After Five Axis has successfully concluded its intense due
diligence, has validated MWW's pre-production process and
experienced the high quality of the first MWW production deliveries
of Five: AD products, Troy Sumitomo,
CEO of Five Axis has awarded the production painting and
fulfillment logistics of the Five:AD Scion FR-S, Scion TC and Scion
IQ programs to MWW Automotive. Production for the FR-S and TC has
already begun and first shipments have been successfully delivered.
The Scion IQ will follow shortly. The programs consist of Front Air
Dams, Rear Spoilers, Side Skirts and Rear Spats for the Scion FR-S,
The Scion IQ and the Scion TC.
These are mid-size production volume programs and MWW has also
been charged to manage all inventory and delivery logistics for
Five Axis. This ranges from raw material inventory to on-demand and
drop shipments to the large Five Axis distributing network,
including the large Toyota Vehicle Processing Centers and Five Axis
Toyota retailers all across the US.
"We are extremely pleased that Troy
Sumitomo has decided to award these programs to MWW," states
Chuck Pinkerton, CEO of MWW
Automotive. This will allow us to assign dedicated re-finishing
production lines and teams to the Scion products and produce even
more effectively for Five Axis, in order to satisfy their extremely
high quality and logistics requirements. Chuck Pinkerton continues:"This kind of highly
specialized production capability that is required for these
extremely high-end and custom designed Five:AD accessory products
is our core competency and reflects our commitment to provide the
highest production quality in the industry to our customers in this
market segment."
About Five Axis
Founded in 1995 by Troy Sumitomo,
Five Axis is a high-end design and prototype studio located in
Southern California. For
well over a decade, the Five Axis team of designers and fabricators
has developed, engineered and fabricated some of the world's most
amazing concept show cars. Five Axis' team of world-class designers
has also turned its attention to the automotive aftermarket with
its FIVE:AD line of aftermarket styling products. Designed and
crafted with the same meticulous attention to detail as its
world-renowned Five Axis concept cars, FIVE:AD (which stands for
"Five Axis Design") products make it possible for the
discriminating enthusiasts to own a growing line of aero kits,
spoilers, wheels and other styling accessory parts with the highest
quality fitment and finish available. For more information on the
FIVE:AD product line visit http://www.fivead.net.
About MWW Automotive Group (MWW)
The MWW Automotive Group's (OTCQB: MWWC) administrative offices
are located in Howell, Michigan,
with a 40,000 square foot Class A manufacturing and logistics
facility in Baroda, Michigan for
the production of high quality OE automotive and industrial
products. MWW delivers its products and Class A painting, assembly
and logistics services directly to major US and Foreign automobile
manufacturers' Vehicle Processing Centres (VPC), leading edge show
car and performance accessory design firms, and/or assembly lines
in North America. MWW's industrial
products are delivered directly to the industrial manufacturers for
installation in their facilities. MWW provides substantial added
value to the sale of vehicles and industrial products for leading
international automobile and industrial manufacturers such as
Toyota, Chevrolet, Hyundai, Kia Motors, MAZDA, GM, Ford, FIVE AXIS
and their strategic partners ROUSH Performance and Polytec/FOHA.
For more information visit www.mwwautomotive.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."
SOURCE MWW Automotive Group