Abstract: A spraying and dispensing apparatus that provides both spraying and dispensing from a single compact apparatus. The present invention includes a valve assembly attached to a pneumatic slide assembly. Included in the valve assembly are a valve main body, comprising an air body and a fluid control body, and an air atomizing body. The air body includes a system for controlling a fluid control needle to regulate the flow of material provided to a fluid dispenser needle. The pneumatic slide assembly includes a pneumatic slide to selectively position an outlet of the fluid dispenser needle within the atomizing air body for spraying, or outside of the atomizing air body for dispensing.