Benacquista (fka BAQG)

[ypsiCPA]

SAN DIEGO, Oct. 27 /PRNewswire-FirstCall/ -- Benacquista Galleries, Inc. (OTC Bulletin Board: BAQG) announced today an update on its previously announced share buyback program.

'On February 21, 2006 we announced that we would be buying back up to 200,000 shares of Benacquista's stock over the next 9-12 months. To date, we would like to report that the company has purchased 15,000 shares of its stock and CEO James Price has purchased 130,900 shares. I have full intention to continue buying back Benacquista's stock personally and will complete its corporate buyback over the next few months,' stated Price.

'On other news, Director Don Tolman has returned to Australia for a 3-week book tour. On this trip, Mr. Tolman will be speaking on health and wellness while promoting The Farmacist Desk Reference (FDR). This tour will include seminars and media events throughout the Pacific Rim including, Singapore, Australia, New Zealand, and Fiji. As Mr. Tolman continues to promote the FDR and express its message, the audience that is being created in that part of the World is truly amazing. We are receiving hundreds of emails each week from customers giving Don and the FDR great accolades,' 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. For further information on Benacquista visit http://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.

SOURCE Benacquista Galleries, Inc.

Source: PR Newswire (October 27, 2006 - 8:15 AM EST)