May 30, 2007 - Cartridge World, one of the UK’s fastest growing franchised retailers, has appointed Mark Spreckley as its new Franchise Sales Manager. The company has now appointed five senior managers within the last year as it pursues a more aggressive business strategy.

Mark Spreckley, aged 47, joins the company in May 2007 from Venture Portraits, where he was an Area Sales Manager for seven years. In his new role at Cartridge World, Mark will have responsibility for developing new franchise opportunities and managing existing business resales.

In addition to recruiting Mark, Jon Cullen, the company’s UK Managing Director (who was appointed in May, 2006) has now recruited Mark Holland as European Operations Director (joined July, 2006), and Gary Watson as Purchasing Manager (joined October, 2006). Former UK General Manager Duncan Berry has also been appointed Director of European Franchising within the last twelve months.

Commenting on the new management team, Jon said, “These appointments give us strength and depth in the most critical areas of our business; sales, finance and operations. With this management team in place we can accelerate our growth rate. We believe that we now have all the ingredients in place to offer franchisees a first class business opportunity”.

Cartridge World is the fastest growing ink refilling retailer in the world and has opened over fifteen hundred stores in forty seven countries since its inception in 1988.

It has opened 290 stores in the UK since 2001, an average of forty eight new store openings per year.

Cartridge World is benefiting from the consumers’ growing awareness about the environmental and financial benefits of refilling and recycling ink cartridges. Recent independent tests have also disproved manufacturers’ claims regarding the supposed inferiority of non-branded cartridges, thereby further fuelling demand for Cartridge World products.

Ends

Date: 30th May 2007

Press contact:

Simon Quarendon Lucie Ward

PR Director Marketing Executive

MICE TMM Cartridge World UK

Tel: 020 7512 3456 Tel: 01943 878 520

Simon.Quarendon@micetmm.com l ucie@cartridgeworld.co.uk

About Cartridge World

Cartridge World specialises in refilling and remanufacturing computer printer cartridges. It stocks over 200 high performance inks that offer computer users the same levels of performance as provided by branded printer cartridges or those supplied by OEMS, but at prices up to 60% lower.

First established in Australia in 1988 and now headquartered in the USA, Cartridge World is a global franchising business that has nearly 1500 franchise outlets operating in over 47 countries. In addition to the 290 stores in the UK, Cartridge World has over 580 stores in Europe. Master Franchisees have been established in ten European countries. These Master Franchisees are supported by a European Support Team based in Harrogate, England.

It is currently the fastest growing franchise business in the UK and recently won the top award for the 'Best International Franchise Expansion Programme' in the 2007 Franchise Marketing Awards scheme, organised by the British Franchise Association.

View Company Website: http://www.cartridgeworld.co.uk