ICC Worldwide Announces Financial Results for Fiscal Year Ended September 30, 2007

CORONA DEL MAR, Calif.--(Business Wire)--
ICC Worldwide, Inc. (Pink Sheets:ICCW) today announced financial
results for the fiscal year ended September 30, 2007. Due to a change
in the company's fiscal year, FY-2007 results represent the nine month
period ended September 30, 2007. During the 2007 fiscal year, the
company also disposed of its previous computer mouse business. In this
regard, the results of all mouse-related activities have been
presented as discontinued operations in the firm's financial
statements and are not reflected in the company's revenue.

Revenue for the nine month fiscal year period was $21,540. The
company's cash balance was $1,029,949 at September 30, 2007. Due to
the change in the company's fiscal year and the discontinued mouse
operations, comparisons between the fiscal year ended September 30,
2007 and the prior fiscal year ended December 31, 2006 are not
meaningful.

George Stevens, ICC's Chairman stated, "At the end of June, 2007,
we began the implementation of a completely new strategic direction
for our company. This included a new Board of Directors and Management
team, a name change, nearly $1.8 million of new financing, divestiture
of the old mouse business, and the establishment of a European
business unit focused initially on serving the needs of immigrant
workers in Italy. The early steps in this transition have now been
accomplished and we are very excited about the opportunity for
significant growth in the coming months."

ICC's President & CEO, Richard Lauer further elaborated, "We were
able to successfully complete the acquisition and startup of several
initial retail locations during the challenging European July/August
holiday period. These sites were operational for only a few weeks in
September and therefore revenue for the quarter ended September 30,
2007 was modest. However, we are confident that our strategy and
market focus will begin to produce significant revenue growth in the
coming months."

Lauer went on to say, "Our recent inability to file the September
30, 2007 10-QSB and 10-KSB documents within the required timeframes
was obviously a major disappointment for everyone involved with ICC.
We have made substantial progress in streamlining our internal systems
to reduce financial reporting time and fully expect to be filing
comfortably within the deadline for the quarter ending March 31, 2008.
With regard to the quarter ended December 31, 2007, this deadline is
rapidly approaching. However, at this point we are cautiously
optimistic about meeting this deadline as well. Going forward, I am
pleased to note that our target market is quite large, underserved,
can readily be expanded into other Western European countries, and is
generally ripe with opportunity. We therefore believe that this
business will begin to yield significant financial performance in the
coming months."

About ICC Worldwide

ICC Worldwide, Inc. (Pink Sheets:ICCW.PK) provides a specialized
range of communications, entertainment, food, and financial services
products to the diverse immigrant worker communities in Western
Europe. With principal operations in Italy, ICC has established a
rapidly growing enterprise which addresses the needs of nearly 4
million Italian resident foreign workers through a network of over
3,000 independently-owned retail locations dedicated to serving this
community. The firm's principal operating units are subsidiaries
located in Italy and the Republic of San Marino. ICC's U.S.
headquarters is located in the Southern California community of Corona
del Mar.

Forward-Looking Statements

This press release contains statements, which may constitute
"forward-looking statements" within the meaning of the Securities Act
of 1933 and the Securities Exchange Act of 1934, as amended by the
Private Securities Litigation Reform Act of 1995. Those statements
include statements regarding the intent, belief or current
expectations of Torbay Holdings, Inc. and members of its management as
well as the assumptions on which such statements are based.
Prospective investors are cautioned that any such forward-looking
statements are not guarantees of future performance and involve risks
and uncertainties, and that actual results may differ materially from
those contemplated by such forward-looking statements. The Company
undertakes no obligation to update or revise forward-looking
statements to reflect changed assumptions, the occurrence of
unanticipated events or changes to future operating results.

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FOR INVESTOR INQUIRIES:
Please visit the Company's website: www.iccww.com, or email:
info@iccww.com
Trading Symbol: (Pink Sheets ICCW.PK)
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ICC Worldwide is a Trademark of ICC Worldwide, Inc.

All other trademarks and registered trademarks are properties of
their respective owners.

For ICC Worldwide, Inc.
Lori Anderson, 949-200-7569
www.iccww.com

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