SOURCE: Cable & Co. Worldwide, Inc.

November 14, 2007 18:00 ET

CCWW Is Acquiring INmarketing Which Has Annual Revenue of $12 Million

WESTPORT, CT--(Marketwire - November 14, 2007) - Cable & Co. Worldwide, Inc. (PINKSHEETS: CCWW) ("Cable") has entered into a definitive agreement to purchase all of the capital stock of INmarketing Corp., a New Jersey corporation ("INmarketing") from its shareholders.

Headquartered in New Jersey, INmarketing Group, Inc. is a full service marketing company that provides comprehensive incentive and recognition programs. Its programs are designed to improve and enhance the behavior of individuals resulting positively to its clients by marketing expertise with technologically advanced on-line incentive and recognition applications. Results are delivered by identifying key issues, recommending effective solutions and offering the most sought after rewards in the industry. INmarketing effectively manages programs by employing communication strategies, continuing program analysis, program feedback and customer service. Its clients include such companies as Sharp Electronics, Travelers Insurance Home and Auto, Travelers Small Commercial, Hartz Pet Foods, Broadview, Bayer, A&P Stores and the like.

INmarketing's adjusted, unaudited EBITDA for the year ending December 31, 2007, will be $1,224,237 on sales of approximately $12 million.

Cable will acquire all of the outstanding equity of INmarketing for a purchase price of $6,121,185. Fifty percent of the purchase price will be paid in cash at the closing and the balance will be paid in the form of a promissory note, which, under certain circumstances, may be converted into common stock of Cable at the election of the note holders. The closing of the Acquisition remains subject to various conditions, and it is currently anticipated that the Acquisition will be consummated in or about January 2008.

Gary Stein, President of Cable, stated, "The acquisition of INmarketing will add great synergy to our previously announced understanding to acquire Quantum Research Services Inc. When these two acquisitions are completed, the combined Companies will have revenues in excess of approximately $17.0M and an adjusted EBITDA of approximately $1.6M. We are looking forward to growing both of these companies along with further acquisitions to build value for our shareholders." Mr. Stein further stated, "Additional news regarding Cable's plan to uplist to the American Stock Exchange will be released in the early part of next week, and over the course of the next several weeks additional information regarding the Cable's business plan will be forthcoming."

About Cable & Co.

Cable currently owns LifeHealth Care, Inc. LifeHealthCare, Inc. intends to develop and commercialize innovative over-the-counter, non-prescriptive dental care products.

About INmarketing

INmarketing is a leader in the incentive industry through the deployment of its exclusive, database-driven, web-enabled application to reward program strategies. INmarketing develops sales incentive programs, a safety incentive program, service award, recognition programs or customer loyalty programs for its customers.

About Quantum

Quantum currently provides consumer research services to the telecommunications, automotive, healthcare, banking and cable industries and provides a circulation and research service for Business-to-Business for these same industries.

Forward-Looking Statements: The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made on behalf of the Company and its subsidiaries. All such forward-looking statements are, by necessity, only estimates of future results and actual results achieved by the Company may differ materially from these statements due to a number of factors. Any forward-looking statements speak only as of the date made. Statements made in this document that are not purely historical are forward-looking statements, including any statements as to beliefs, plans, expectations, or intentions regarding the future. Risk factors that may cause results to differ from projections include, without limitation, loss of suppliers, loss of customers, inadequate capital, competition, loss of key executives, declining prices, and other economic factors. The Company assumes no obligations to update these forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting such statements. You should independently investigate and fully understand all risks before making investment decisions.

Contact Information