September 28, 2007 08:30 ET

Big Apple Worldwide Announces Dividend to Shareholders

NEW YORK, NY--(Marketwire - September 28, 2007) - Big Apple Worldwide, Inc. (PINKSHEETS: BPWI) is pleased to announce that its Board of Directors has approved a one for one dividend of BPWI stock for shareholders of record as of Oct. 31, 2007. Shareholders of record will receive one share of Big Apple Worldwide restricted stock for every one share of stock held. The Board believes that the dividend will continue to promote interest in the stock, as well as the Company.

"With the recent agreements for our 'No More Books™' kiosks with major retailers, Big Apple Wallcovering is positioned to be a major player in the wallcovering and home decorating marketplace. We are pleased to have developed this company to the point that we can reward our loyal shareholders who have participated in our growth," stated Neal Jablon, CEO and President of Big Apple Worldwide, Inc.

Big Apple Worldwide, Inc. recently announced that its wholly owned subsidiary, Big Apple Wallcovering, Inc., has entered into an agreement with multiple major retailers to place its "No More Books™" kiosks in stores throughout the United States. The agreement will make Big Apple Wallcovering the exclusive seller of wallcoverings for the retailers, potentially leading to similar agreements at additional retail outlets nationwide.

About Big Apple Worldwide, Inc.:

Big Apple Worldwide, Inc. (www.bigappleworldwide.com) is a holding company focused on serving the hospitality and leisure market. Big Apple Wallcovering, Inc. (www.bigapplewallcovering.com) is a wholly owned subsidiary of Big Apple Worldwide and has inspired the Architecture and Design community with cutting-edge design and the manufacturing of architectural wallcovering and fabrics for hospitality, private offices and commercial interiors. Big Apple Worldwide, Inc. also recently purchased Elabrient Surfaces (www.elabrient.com), which is a commercial interior design development and manufacturing company specializing in commercial wallcovering. Big Apple Travel, Inc. (www.bigappletravel.com), a wholly owned subsidiary of Big Apple Worldwide, Inc., is a full-service travel agency and features a next generation travel salon in Orlando, Florida.

Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

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