SOURCE: Big Apple Worldwide, Inc

March 07, 2006 09:03 ET

Big Apple Worldwide Streamlines Operations While Reducing Cost -- As Reported on WallSt.net

NEW YORK, NY -- (MARKET WIRE) -- March 7, 2006 -- Big Apple Worldwide, Inc. (OTC: BPWW) announced today that with their "No More Books"™ technology, the Company can distribute samples to a much greater number of consumers than their competitors and at a fraction of the cost. The Wallcovering industry currently wastes approximately $500 Million a year to produce their Wallcovering sample books.

"The pent up demand for wallcovering and fabrics, created by the recession that resulted from 9/11, is now exploding. This trend, combined with our budget, capital, and technology, puts Big Apple Worldwide in a great position to accomplish all of our goals for 2006," stated Neal Jablon, President of Big Apple Wallcovering, Inc.

Big Apple Worldwide recently announced purchase orders for the Helmsley Park Lane Hotel and Hotel 1000. The company also retired 1 Billion outstanding shares and reduced the authorized shares by 15 Billion.

About Big Apple Worldwide, Inc.

Big Apple Wallcovering Inc., wholly owned subsidiary of Big Apple Worldwide, has inspired the A & D community with cutting-edge design and the manufacturing of architectural Wallcovering and fabrics for hospitality, private offices and commercial interiors. The Company's reputation for design and craftsmanship continues to enhance interiors with an elegant and intelligent portfolio of products.

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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