SOURCE: Cable & Co. Worldwide, Inc.

November 27, 2007 09:15 ET

Cable & Co. Worldwide Indicates Its Intention to Spin-Off LifeHealthCare Inc.

WESTPORT, CT--(Marketwire - November 27, 2007) - Cable & Co. Worldwide, Inc. ("Cable")(PINKSHEETS: CCWW) President Gary Stein announced today that Cable's Board of Directors has voted to proceed to implement the steps to spin-off to the stockholders of Cable, the common stock of its wholly owned subsidiary, LifeHealthCare Inc. ("LHC").

Mr. Stein added, "It is anticipated that LHC be a fully reporting public entity during the end of the first quarter into the second quarter of 2008."

This release does not constitute an offer of any securities of LHC for sale or other distribution.

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.

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