For the quarter ended September 30, 2001, the management of Worldwide Technologies Inc. has reviewed its status as a "foreign private issuer" and has determined that our company no longer meets the requirements of the definition of a "foreign private issuer" as more than fifty (50%) percent of our outstanding common shares are held by residents of the United States and our business is administered principally in the United States. Accordingly, our company will be treating itself as a "domestic issuer" for the purposes of its filings under the Securities Exchange Act of 1934.

This annual report contains forward-looking statements as that term is defined in the...