SOURCE: Big Apple Worldwide, Inc.

October 30, 2007 08:31 ET

Big Apple Worldwide Receives First Purchase Order From U.S. Navy

NEW YORK, NY--(Marketwire - October 30, 2007) - Big Apple Worldwide, Inc. (PINKSHEETS: BPWI) is pleased to announce that the Company's wholly-owned subsidiary, Big Apple Wallcovering, Inc., has received the first of a series of purchase orders from the United States Navy for the interior surfacing of ocean-going vessels. The company's fabric-backed, embossed vinyl wallcoverings will be used as part of an ongoing retrofitting program that the Navy has instituted for the modernization of its ships.

Big Apple Wallcovering will provide the product to be used throughout the vessels as a decorative and protective surface. The company has also produced wallcoverings for the U.S. Coast Guard and the materials have proven to stand up to the rigors of military use.

Also, all Big Apple Worldwide shareholders of record as of tomorrow, Oct. 31, 2007, will receive one share of Big Apple Worldwide restricted stock for every one share of stock held. The Company believes that the dividend will increase shareholder value and better position the Company for profitability.

"The retrofitting project provided an interesting challenge. Our product holds up very well to prolonged use and extreme conditions. Years ago, these surfaces would have been covered by a drab, flat surface, but with the advance in technology, we are able to produce an attractive, yet durable covering for the Navy," stated Neal Jablon, CEO and President of Big Apple Worldwide, Inc.

About Big Apple Worldwide, Inc.:

Big Apple Worldwide, Inc. (www.bigappleworldwide.com) is a holding company focused on serving the hospitality, leisure and retail 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 Wallcovering now enters the retail industry, placing its "No More Books™" Kiosks into Major Retailers across the country. 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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