Benacquista Announces 2006 Earnings Guidance and Share Buyback Program
Tuesday February 21, 12:01 pm ET

San Diego -February 21, 2006-(PRNEWSWIRE) Benacquista Galleries, Inc. (OTC Bulletin Board: BAQG - News) announced today guidance for earnings for the remainder of fiscal 2006 and the launch of a share buyback program.

�With the exciting launch of the Farmacist's Desk Reference (FDR), our innovative new artist program and the opening of our first retail gallery just over the horizon, we have every expectation that 2006 will be an outstanding year for Benacquista and its shareholders. Based on our outlook for growth in 2006, we are estimating that earnings per share for the full fiscal year will be $0.20 per share. Given that our current stock price is $1.10 per share, this would give us a price to earnings ratio of 10.1, making Benacquista stock attractive based on this important financial measure.� announced Benacquista President, Jim Price.

�In light of the value based on today's current stock price, we are initiating a share buyback program. We plan to repurchase at least 200,000 shares of Benacquista stock over the next 9-12 months. At current stock prices, we believe that an investment in Benacquista shares is attractive and want to capture this opportunity to increase ownership in the company for our shareholders.� Continued Price.

�With the launch of the Pre-Magined Academic Currliculum and The Country Day School programs in the US, Australia, New Zealand and Canada and with worldwide sales of the FDR, Benacquista is poised to enjoy exceptional international revenue growth. We have worked, planned and prepared for more than three years to reach this moment and I am very excited for the growth opportunities of the next year and beyond.� Concluded Price.

About Benacquista Galleries, Inc.

Benacquista Galleries, Inc. Seeks acquisitions and invests in early stage companies with a focus in the Art, Education and Publishing Industries. Benacquista was founded in 2002 and went public in 2005. The Benacquista Gallery of Companies consists of Benacquista Fine Art, Benacquista Publishing, YNOT Eduk8 and Physiognomy Interface Technologies. For further information on Benacquista visit www.benacquistagalleries.com.

Forward looking statement

This press release contains certain forward-looking statements. Investors are cautioned that certain statements in this release are "forward-looking statements" and involve both known and unknown risks, uncertainties and other factors. Such uncertainties include, among others, certain risks associated with the operation of the company described above. The company's actual results could differ materially from expected results.

Contact: jprice@benacquistagalleries.com