- 3 November, 2006 -

Cartridge World, the world's fastest growing ink refilling retailer in the $60 billion printer cartridge industry, has announced today that Noreen Manvell has joined as Director of Real Estate. She will be responsible for coordinating the site selection and leasing activities of the company's franchisees, implementing a modeling and demographics analysis and assisting with corporate real estate acquisitions and dispositions. "We are excited to welcome Noreen to the team and look forward to utilizing her real estate experience and knowledge of franchise systems to help strengthen the Cartridge World brand," said Burt Yarkin, CEO of Cartridge World. "Noreen has a stellar reputation in the commercial real estate industry and I am confident that she will help us find great sites to grow our concept." Prior to joining Cartridge World, Manvell worked as a site selection consultant with Chase Commercial Real Estate in Huntsville, Alabama, a member firm of the NAI network, the world's largest commercial real estate organization. Prior to Chase Commercial, she was Real Estate Manager for the franchising home office of Sona MedSpas, in Franklin, Tennessee. In her position, Manvell was able to utilize her skills in site selection, marketing, acquisitions, dispositions, tenant representation, lease administration and property management. Manvell has also been licensed Realtor in Virginia and Tennessee, and is an active member of the International Council of Shopping Centers (ICSC). "I am looking forward to joining the Cartridge World team and am thrilled to use my broad commercial real estate experience to support Cartridge World's growth efforts," said Manvell. Cartridge World, which opened its first franchise location in Adelaide, Australia in 1997, is the first retail cartridge refilling concept to take on manufacturing giants such as HP, Lexmark and Canon while offering cost-saving solutions for consumers and businesses on the traditionally inflated costs of printer cartridges. The company provides consumers and small to mid-sized businesses with a retail cartridge refilling service that allows customers to refill their ink and toner printer cartridges with as much ease as they refill the gas tanks of their cars. Customers can bring their empty name-brand ink and toner cartridges into Cartridge World locations and purchase ones already refilled. The refill process is quick and offers a 100 percent money-back guarantee on quality. At the same time, it offers up to a 50 percent savings and helps the environment by keeping used cartridges out of landfills. Cartridge World estimates that it will keep over fifteen million cartridges out of landfills this year. About Cartridge World Emeryville, CA-based Cartridge World is the world's fastest growing ink refilling retailer in the $80 billion printer cartridge industry. The company refills empty ink cartridges for inkjet printers, laser printers, fax machines, and photocopiers with top quality, brand-specific ink and toners; at the same time offers consumers and businesses up to a 50 percent savings, a money-back service guarantee and helps the environment by keeping cartridges out of landfills. Voted #1 in the category of toner replacement services by Entrepreneur Magazine Franchisee 500, Cartridge World has more than 1,300 franchised retail locations in 36 countries. Cartridge World North America was founded in 2003. There are currently more than 470 locations open in the United States, with 800 locations expected by the end of 2007. For more information, call (888) 99-REFILL or visit www.cartridgeworld.com.

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