SOURCE: Cable & Co. Worldwide, Inc.

November 08, 2007 18:00 ET

Cable & Co Worldwide Announces Its Intention to Restructure Its Board and Apply to the American Stock Exchange for Listing

WESTPORT, CT--(Marketwire - November 8, 2007) - Cable & Co Worldwide ("Cable") (PINKSHEETS: CCWW) today announced that it is intending to submit an application for uplisting to the American Stock Exchange (the "AMEX") as an integral step in its evolving business plan. There can be no assurance that the application will be approved by the AMEX. Cable also announced today that it is restructuring its Board of Directors in order to implement an operational format which will enable it to operate 2 separate and distinct businesses. The Board of Cable shall be compromised of Gary Stein, Martin C. Licht, Alberto Salvucci, Steven Kessler and Mark Lazar; and the Board of its subsidiary, LifeHealthCare Inc., shall be comprised of Martin C. Licht, Charles Randolph D.D.S., Henry Jacabowski, Steven Kessler and Mark Lazar.

Gary Stein said, "By restructuring into 2 operating Boards, Cable will be able to proceed with its previously announced plans to acquire several companies in the market research and employee incentive business and to spin out LifeHealthCare Inc. into a separate operating company." Mr. Stein added, "That listing with AMEX will help provide the visibility to our shareholders to feel comfortable with their investment, keep them better apprised of our successes and growth and attract greater institutional interest. Additional news will be forthcoming mid-week next week and over the course of the next several weeks."

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.

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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