NEW YORK, May 17, 2005 (PRIMEZONE) -- Corporate Mortgage Solutions, Inc (Pink Sheets:CMSI) announced today that its wholly owned subsidiary Big Apple Wallcoverings will be unveiling its 21st Century Revolution to the Hospitality Design Community at the Hotel Show 2005 in Dubai, May 22-24, 2005.
Big Apple will be participating with the U.S. Department of Commerce who expects more than 5600 targeted trade visitors, including hotel and resort owners and managers, international managing companies, purchasing and procurement managers, architects and designers. Over 42% of the visitors come from outside the UAE, which opens up additional trade possibilities.
"In Dubai alone, plans are in place for 150 new hotels over the next five years, which will raise the hotel rooms to over 55,000 by 2010," according to the Dept. of Commerce. Big Apple Wallcovering will be a featured supplier in the American Pavilion.
"This is a great opportunity to bring both our vision and our unique wallcovering and fabric products to the growing Middle East market," stated Bill Byron, Vice President of Big Apple Wallcovering. "We intend to continually reach out to the global market, advancing our sales opportunities and broadening our sphere of influence in the industry.
"By increasing our exposure to the world's export markets, we will be creating new growth for our company and additional profits for all our shareholders," stated Neal Jablon, CEO Corporate Mortgage Solutions, Inc.
The 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.