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August 9, 2012
SelectCore featured in industry-leading publication
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For Immediate Release: August 9, 2012

Toronto, ON, August 9, 2012 – SelectCore Ltd. (“SelectCore” or the “Company”) (TSX-V: SCG) a leader in prepaid payment solutions for underserved markets is pleased to announce that it has been featured in Paybefore, the industry resource for prepaid and stored value.

The following news feature was written by Adam Perorotta, Assistant Editor of Paybefore:

SelectCore Ltd.’s recent partnership with the City of Toronto to deliver prepaid benefits cards for the Ontario Works social assistance program is a major step in modernizing the delivery of social programs in Canada, and could be the start of a trend there, observers say.

Under terms of SelectCore’s multiyear deal—announced in March and launched in mid-July—the locally based prepaid program manager will debut a MasterCard branded City Services Benefits Card through Toronto Employment and Social Services—the first instant-issue EMV prepaid benefits card in North America and one of the first government benefits cards in Canada.

Social aid recipients will receive their disbursements through the prepaid card, which can be used anywhere MasterCard is accepted and for ATM withdrawals (cardholders benefit from four surcharge-free withdrawals per month). The card also offers card-to-card money share, mobile apps, text message balance and transaction inquiries, and online account access.
SelectCore expects the deal to be worth between $15 million and $18 million for the initial 42-month term of the agreement, with revenue earned from fees SelectCore charges the city and interchange. The deal includes two one-year extensions. Under the initial rollout, an estimated 35,000 recipients received the card, with 4,000 new cards expected to be released every month, according to the city.

For Toronto, the program is a step toward more streamlined, check-less delivery of benefits—a shift that is expected to continue at all levels of Canadian government, according to Jacqueline Shinfield, a Toronto-based partner with law firm Blake, Cassels & Graydon LLC.  “We’ll be seeing a lot more prepaid cards used to administer benefits,” Shinfield tells Paybefore. “[Federal, provincial and local] governments view them as a cost-effective way of delivering payments to recipients and consistent with the recommendations of the Task Force for the Payments System Review in Canada to reduce the use of checks by 80 percent.”

Government benefits card programs in the United States have seen dramatic growth in the past few years, with the Social Security program reaching more than 3 million cardholders and achieving high satisfaction rates. Some programs, particularly state programs for unemployment benefits, on the other hand, have drawn criticism for charging fees to benefit recipients. SelectCore President Ryan Deslippe says negotiating a workable fee arrangement with the city was a key aspect of the deal.

“We were able to successfully build a profitable model with the City of Toronto that provides a virtually fee-free card to recipients,” Deslippe tells Paybefore. The movement away from paper checks provides significant savings to both the government and recipients, who won’t have to pay for check cashing, he adds. The card also enables recipients to avoid the social stigma of receiving benefits, since there is nothing on the card to indicate it’s a benefit card. “The fact that there is a benefit being received is invisible to users and recipients,” notes Shinfield, “so [the cards] save face for those receiving benefits.”

With the new program in Toronto underway, SelectCore has identified other public sector opportunities and markets moving toward a similar modernization of benefits delivery. Deslippe cited the Caribbean and Central America as two areas the firm is considering for disbursement and other types of prepaid programs.

“It’s inevitable that these underserved regions are going to experience a shift toward cashless forms of payment,” he observes, noting that more than 90 percent of mobile subscribers in those regions are prepaid, and wireless providers are looking to integrate stored value cards within their mobile offerings. Deslippe says SelectCore is well-positioned to take advantage of this shift. “SelectCore has strong distribution alliances and relationships in these regions that will allow us to target this market of nearly 50 million underbanked consumers.”

About SelectCore

SelectCore Ltd. (TSX-V: SCG) is a pioneer and leader in prepaid payment solutions for underserved markets. Founded in 1999, the Company offers a range of prepaid products and services from stored-value cards to mobile top-up that provide financial empowerment to a market of millions of under-banked consumers. SelectCore has been ranked among Canada's fastest growing companies by Profit Magazine four times in the past six years and was included in the 2011 Deloitte Technology Fast 500 list of North America's fastest-growing technology companies. For more information visit www.selectcore.com.

For more information please contact:
Alex Mangiola
Pilot PMR
416-462-0199 Ext. 21
alex@pilotpmr.com

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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August 8, 2012
SelectCore reports successful launch of City of Toronto City Services Benefits Card
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For Immediate Release: August 8, 2012

Toronto, ON, August 8, 2012 – SelectCore Ltd. (“SelectCore” or the “Company”) (TSX-V: SCG) a leader in prepaid payment solutions for underserved markets is pleased to report on the successful launch of the City of Toronto’s City Services Benefits Card program.

On July 18th, SelectCore announced that it was awarded a long-term contract from the City of Toronto to supply prepaid card programs. The first phase of the contract has been launched with Toronto Employment and Social Services (TESS) for the delivery of Social Assistance Financial Benefits to Ontario Works clients.
 
Just three weeks into implementation at five of its sites, Toronto is already experiencing an increased demand for the City Services Benefit Card.  As more clients are issued the card and become familiar with its use, and caseworkers have the opportunity to discuss its benefits, more clients are eager to move away from cheques and onto the card.

Both Toronto clients and staff are transitioning smoothly to the new payment method referring to it as "modern" and "user-friendly".  Toronto staff have easily adapted to the new technology and are already seeing the benefits of this streamlined payment method.

With a successful first stage of implementation, Toronto is now expediting the rollout of the City Services Benefit Card to include all of its 15 Toronto Employment and Social Services locations by mid August.

The City Services Benefit Card is the first prepaid card program of its kind to be launched in North America.  SelectCore's payment solution enables Toronto residents to instantly receive their Ontario Works benefits through an EMV chip and PIN prepaid MasterCard® card that offers ATM access and can be used anywhere MasterCard® is accepted at over 29.4 million locations worldwide.

 “We are very pleased with the successful launch of the City Services Benefit Card,” said Keith McKenzie, CEO of SelectCore. “The roll-out to a full implementation across all of the TESS offices will prove the validity of the program for other government agencies looking to replace cheques with prepaid cards”.

For more information, please read Toronto's news release regarding the launch of the City Services Benefit Card.

About SelectCore
SelectCore Ltd. (TSX-V: SCG) is a pioneer and leader in prepaid payment solutions for underserved markets. Founded in 1999, the Company offers a range of prepaid products and services from stored-value cards to mobile top-up that provide financial empowerment to a market of millions of under-banked consumers. SelectCore has been ranked among Canada's fastest growing companies by Profit Magazine four times in the past six years and was included in the 2011 Deloitte Technology Fast 500 list of North America's fastest-growing technology companies. For more information visit www.selectcore.com.

About MasterCard Worldwide
MasterCard (NYSE: MA), www.mastercard.com, is a global payments and technology company. It operates the world's fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard's products and solutions make everyday commerce activities - such as shopping, traveling, running a business and managing finances - easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardNews, join the discussion on the Cashless Conversations Blog and subscribe for the latest news.

For more information please contact:
Alex Mangiola
Pilot PMR
416-462-0199 Ext. 21
alex@pilotpmr.com

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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July 31, 2012
SelectCore appoints new Interim Chief Financial Officer
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NOT FOR RELEASE OR DISTRIBTUTION IN THE UNITED STATES OR DISSEMINATION TO U.S. NEWS WIRE SERVICES.

Toronto, ON, July 31, 2012 – SelectCore Ltd. (“SelectCore” or the “Company”) (TSX-V: SCG) is pleased to announce that Alan Doody the Company’s Senior Controller has been appointed Interim Chief Financial Officer of the Company.

Mr. Doody has over 15 years experience in all facets of financial and business management and most recently was the corporate controller of an investment management firm specializing in wealth and fund management services.  Mr. Doody previously served as controller of a logistics and supply chain company.  Mr. Doody received his MBA, Finance in 2003 and is a Registered Public Accountant (Alberta), a Certified Professional Accountant (Ontario) and a Certified Professional Accountant with the Canadian Institute of Professional Accountants.

After serving as the Company’s Interim Chief Financial Officer since February, 2010, Jannet Wang has resigned from the Company to pursue other opportunities.  The board of directors of SelectCore thanks Ms. Wang for her contributions to the Company.  

About SelectCore
SelectCore Ltd. (TSX-V: SCG) is a pioneer and leader in prepaid payment solutions for underserved markets. Founded in 1999, the Company offers a range of prepaid products and services from stored-value cards to mobile top-up that provide financial empowerment to a market of millions of under-banked consumers. SelectCore has been ranked among Canada's fastest growing companies by Profit Magazine four times in the past six years and was included in the 2011 Deloitte Technology Fast 500 list of North America's fastest-growing technology companies. For more information visit www.selectcore.com.

FOR FURTHER INFORMATION PLEASE CONTACT:

SelectCore Investor Relations
(800) 584-8819 ext. 105
investor@selectcore.com
www.selectcore.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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July 30, 2012
iSIGN Media Provides Up-date on SelectCore Installation of United States Produced Smart Antennas
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Toronto, Ontario – July 30, 2012 - iSIGN Media Solutions Inc. ("iSIGN" or "Company") (TSX-V: ISD) (OTCQX: ISDSF), a leading provider of interactive mobile advertising solutions that serves advertisers, manufacturers, retailers and advertising agencies throughout North America and SelectCore Ltd., ("SelectCore") (TSX-V: SCG), a leading provider of prepaid payment solutions for retail point-of-sale and under-banked consumers, have agreed to expand their testing of iSIGN's Interactive Marketing Solutions with our newly produced and available Smart Antenna to up to 100 stores within the Greater Toronto Area and surrounding area, as well as in the United States.
"We are expanding and extending the test in order to increase the quantity of metrics that we have been gathering," stated Alex Romanov, iSIGN's Chief Executive Officer. "We feel that increasing the number of stores involved in the test will provide a more representative result of what the prospective audience would be in SelectCore's network." "The initial testing at the start of the year was valuable in that it did accomplish the major objective of the test, which was to ensure compatibility with SelectCore's existing equipment," added Mr. Romanov. "We expect that this test will run for one month or until a sufficient variety of data is accumulated and reviewed for advertisers and brands."

About iSIGN Media
iSIGN Media is a North American leader in multiplatform advertising solutions that utilize Bluetooth, Mobile, WiFi and Location-Aware technologies to deliver rich media, permission-based messages to engage consumers more deeply and cost-effectively. The resulting business intelligence and real time metrics, gathered through iSIGN's patent-pending advertising platform, deliver insights into emerging consumer behaviors that help advertisers measure their efforts and make better business decisions to increase ROI and customer loyalty. Headquartered in Richmond Hill, Ontario, with R&D and customer support operations in Vancouver, BC and Tampa, FL, the Company has also grown to become the largest owner/operator of in-store digital media in Canada with 5,600 digital signs in 1,400 locations. Partners include: AOpen America Inc. and IBM, with solution distribution by BlueStar Inc. Additional information can be found at www.isignmedia.com.

About SelectCore Ltd.
SelectCore Ltd. (TSX-V: SCG) is a pioneer and leader in prepaid payment solutions for underserved markets. Founded in 1999, the Company offers a range of prepaid products and services from stored-value cards to mobile top-up that provide financial empowerment to a market of millions of under-banked consumers. SelectCore has been ranked among Canada's fastest growing companies by Profit Magazine four times in the past six years and was included in the 2011 Deloitte Technology Fast 500 list of North America's fastest-growing technology companies. For more information visit www.selectcore.com.

Forward-Looking Statements
This news release includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with iSIGN Media's business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend", and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect iSIGN Media's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. iSIGN Media assumes no obligation to update the forward-looking statements except as required by law.
© 2012 iSIGN Media Solutions Inc. All Rights Reserved. All other trademarks and trade names are the property of their respective owners.

Press contact:
Vanessa Harwell
ThinkInk Communications LLP
305 749 5342, extension 232
vanessa@thinkinkpr.com

Belinda Rooney
SSPR
609 750 9110
brooney@sspr.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility or accuracy of this release.

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July 24, 2012
Q&A with TSX Technology Stock: SelectCore (TSX-V: SCG) Discusses Recent Contract with City of Toronto
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New York, NY- July 24, 2012 (Investorideas.com Newswire) Investor Ideas, www.InvestorIdeas.com, a global investor research portal for independent investors, issues a tech stock Q&A interview with Mr. Bryan Kenyon, Executive Vice President Financial Services, SelectCore Ltd. (TSX-V: SCG).

Mr. Kenyon discusses the Company’s recent contract with the City of Toronto and what’s next for one of Canada’s fastest-growing companies. 

Q: Investorideas.com staff

Mr. Kenyon, your Company just announced the details of a multi-year contract with the City of Toronto for the issuance of prepaid payment cards, with the first phase of the roll out for Toronto Employment and Social Services (TESS) for the delivery of Social Assistance disbursements. Can you give investors the significance of this contract in context of the services it provides?

A:  Mr. Bryan Kenyon, Executive Vice President
This contract is a big step forward for social assistance recipients and the City of Toronto. The City Services Benefit Card is the first of its kind EMV (chip and PIN), instant-issue prepaid card program to be launched in North America. The introduction of the card replaces the need to produce paper cheques, resulting in significant cost savings for the City as well as for recipients who will no longer have to incur expensive cheque-cashing fees.  This contract is very significant for SelectCore in the fact that having completed this highly complex implementation, we now have the technology, infrastructure, capabilities and expertise to deliver turn-key or completely customized check-replacement programs to any government agency in Canada. 

Q: Investorideas.com staff
What is the potential revenue stream from this contract and over what period?
 
A:  Mr. Bryan Kenyon, Executive Vice President
The potential high-margin revenue for the initial three-year period of the contract is estimated to be in the $15 million to $18 million dollar range.

Q: Investorideas.com staff
Do you see Federal Governments as potential clients and if so, what is the process for procuring contracts at that level?

A:  Mr. Bryan Kenyon, Executive Vice President
We clearly see Federal Governments and the entire public sector as an emerging market for our prepaid payment solutions. Similar to the City of Toronto contract, we expect to competitively bid in various RFP processes initiated by not only federal, but also provincial and local government agencies.  We intend to showcase our  expertise and differentiated capabilities for delivering robust, cost effective and cardholder-friendly programs.

Q: Investorideas.com staff
Who is your competition in the marketplace and what are your competitive advantages?

A:  Mr. Bryan Kenyon, Executive Vice President
Although the Canadian market for prepaid card programs is still in early growth stages, we do have a small number of companies that compete in our space. SelectCore however is well-positioned to compete in this market as we have a host of competitive advantages including first to market solutions and the experience necessary to help corporate clients and government agencies alike adopt prepaid card programs. Our platform is highly secure, reliable and has the flexibility to meet the demands of virtually any prepaid scenario. As a nimble organization, we are optimally suited to compete on price, service and product features and functionality.

 

About SelectCore
SelectCore Ltd. (TSX-V: SCG) is a pioneer and leader in prepaid payment solutions for underserved markets.  Founded in 1999, the Company offers a range of prepaid products and services from stored-value cards to mobile top-up that provide financial empowerment to a market of millions of under-banked consumers.  SelectCore has been ranked among Canada’s fastest growing companies by Profit Magazine four times in the past six years and was included in the 2011 Deloitte Technology Fast 500 list of North America’s fastest-growing technology companies.  For more information visit www.selectcore.com.

 

About Investorideas.com
InvestorIdeas.com is a leader in investor stock research with a focus on energy and water. Sectors we cover include; water and renewable energy stocks, biotech stocks, mining and gold stocks, energy stocks, natural gas stocks, tech (includes cloud and social networking), defense stocks, nanotech, China stocks and agriculture.
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp

800-665-0411 - Source – www.Investorideas.com

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July 18, 2012
SelectCore awarded multi-year government contract with the City of Toronto
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For Immediate Release: July 18, 2012

SelectCore awarded multi-year government contract with the City of Toronto

TORONTO, July 18, 2012 - SelectCore Ltd (TSX-V: SCG), a pioneer and leader in prepaid payment solutions for underserved markets, has released the details of a multi-year contract with the City of Toronto for the issuance of prepaid payment cards. The contract award was first announced by the Company on March 14, 2012.
The term of the agreement is for 42 months plus two additional one-year extensions. SelectCore expects this high-margin business to be worth between $15 million and $18 million for the initial period. Revenue from the contract will be earned primarily from fees charged to the City as well as interchange through the MasterCard network. SelectCore won the contract through a competitive RFP bidding process.

The long-term contract encompasses multiple phases with the first phase launching today with Toronto Employment and Social Services (TESS) for the delivery of Social Assistance disbursements.

The City Services Benefit Card is the first of its kind prepaid card program to be launched in North America. SelectCore's proprietary card solution will enable residents on Ontario Works to instantly receive their benefits through an EMV chip and PIN prepaid MasterCard card that offers ATM access and can be used anywhere MasterCard is accepted at over 29.4 million locations worldwide. The program offers card-to-card money share, mobile apps, text messaging for balance and transaction inquires, online account access and 24/7 multilingual customer care.

The introduction of the card will replace the need to produce paper cheques, resulting in significant cost savings for the City as well as for residents who will no longer have to incur expensive cheque-cashing fees.

"Governments are looking to modernize service delivery and do more with less - and Toronto is no exception," said Keith McKenzie, CEO of SelectCore. "What we have introduced is the most practical, secure and cost-effective means for the delivery of government disbursements."

"Under this contract, we have completed one of the most complex and sophisticated implementations of its kind," said Ryan Deslippe, President of SelectCore. "We successfully tailored our technology to meet the specific needs of Canada's largest city. We now have the unique capabilities to provide turn-key cheque replacement card programs to other municipal, provincial and federal government agencies across Canada."

"More and more, governments, businesses and consumers are moving to a world beyond cash and cheques," said David E. Orzel, SVP, Market Development, MasterCard Canada. "As a leader in payments innovation, we are proud to partner with SelectCore to help bring safe, simple and smart solutions like the City Services Benefit Card to clients of Ontario Works."

About SelectCore
SelectCore Ltd. (TSX-V: SCG) is a pioneer and leader in prepaid payment solutions for underserved markets. Founded in 1999, the Company offers a range of prepaid products and services from stored-value cards to mobile top-up that provide financial empowerment to a market of millions of under-banked consumers. SelectCore has been ranked among Canada's fastest growing companies by Profit Magazine four times in the past six years and was included in the 2011 Deloitte Technology Fast 500 list of North America's fastest-growing technology companies. For more information visit www.selectcore.com.

About the City of Toronto
Toronto is Canada's largest city and sixth largest government, and home to a diverse population of about 2.7 million people. Toronto's government is dedicated to delivering customer service excellence, creating a transparent and accountable government, reducing the size and cost of government and building a transportation city. For information on non-emergency City services and programs, Toronto residents, businesses and visitors can dial 311, 24 hours a day, 7 days a week.

About MasterCard Worldwide
MasterCard (NYSE: MA), www.mastercard.com, is a global payments and technology company. It operates the world's fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard's products and solutions make everyday commerce activities - such as shopping, traveling, running a business and managing finances - easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardNews, join the discussion on the Cashless Conversations Blog and subscribe for the latest news.

For more information please contact:
Alex Mangiola
Pilot PMR
416-462-0199 Ext. 21
alex@pilotpmr.com

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July 10, 2012
SelectCore files preliminary short form prospectus
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For Immediate Release: July 10, 2012

NOT FOR RELEASE OR DISTRIBTUION IN THE UNITED STATES OR DISSEMINATION TO U.S. NEWS WIRE SERVICES.

Toronto, ON, July 10, 2012 – SelectCore Ltd. (“SCG” or the “Company”) (TSX-V: SCG) announced today that it has filed a preliminary short form prospectus with the securities regulatory authorities in the provinces of British Columbia, Alberta and Ontario in connection with a “best efforts” public offering of units (“Units”) of the Company (the “Offering”). Each Unit will be comprised of one common share of the Company (a “Common Share”) and one Common Share purchase warrant (a “Warrant”). Each Warrant will be exercisable to acquire one Common Share for a period of three years following the closing of the Offering.
MGI Securities Inc. (the “Agent”) will act as agent under the Offering.  The Company has granted the Agent an over-allotment option exercisable in whole or in part at any time up to the 30th day following the closing of the Offering to arrange for the sale of up to an additional 15% of the Units (or up to 15% of the underlying Common Shares and/or Warrants) sold pursuant to the Offering.
The size of the Offering, price per Unit and exercise price of the Warrants will be determined in the context of the market prior to the filing of the (final) short form prospectus in respect of the Offering.
The Company intends to use net proceeds of the Offering for capital expenditures relating to additional network and infrastructure requirements, new hires, reduction of trade payables and working capital purposes.
The Offering is subject to regulatory approval including the approval of the TSX Venture Exchange and applicable securities regulatory authorities.
This press release is not an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under the securities laws of such jurisdiction. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from U.S. registration requirements. ..hide


May 24, 2012
SelectCore to offer third-party gift cards through retail network
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For Immediate Release: May 24, 2012

TORONTO, ON: SelectCore Ltd. ("SelectCore") (TSX-V: SCG), a leading prepaid financial services provider and transaction processor for under-banked and underserved markets, announced today that is has entered into a three-year distribution agreement with Gift Card Stop LLC. Under the terms of the agreement, major gift card brands will be made available through SelectCore's point-of-sale platform at retail partner locations across Canada and the United States. In lieu of having cards on a rack, virtual cards will be delivered electronically, in real-time at the point-of-sale.

"Our electronic delivery system enables retailers to carry gift cards without the hassle of managing inventory, while giving consumers access to hundreds of cards", says Jeff Ehney, Gift Card Stop's principal. Gift Card Stop offers more than 70 third-party gift cards in Canada and 200 in the United States, including such popular brands as Sears, Macy's, AMC, Gap, Starbucks, and iTunes.

"SelectCore is eager to add gift cards to our lineup of prepaid products and services", said Keith McKenzie, CEO of SelectCore. "Our point-of sale platform facilitates a new method of virtual product distribution."

"Gift Cards are the number one gift giving item" explained David Rambaran, Gift Card Stop's Director of Business Development. "Customers receive a voucher redemption code at the point-of-sale and we are now working with SelectCore to deliver the gift cards directly to a consumer's mobile device". ..hide


April 30, 2012
SelectCore named one of Canada's leading technology companies
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For Immediate Release: April 30, 2012

TORONTO, ON: SelectCore Ltd. ("SelectCore") (TSX-V: SCG), a leading prepaid financial services provider and transaction processor for the under-banked and underserved markets, is pleased to announce that it has been recognized on the 2012 Branham300 ranking of Canadian information and communication technology companies.

SelectCore ranked 54th in the Top 250 Canadian ICT Companies and 21st in the Top 25 Canadian ICT Hardware and Infrastructure Companies.

The Branham300 is the most comprehensive listing of the top publicly traded and privately held organizations operating in the Canadian Information and Communication Technology (ICT) industry.

"It's a tremendous achievement and we are proud to be included on the Branham300" said Keith McKenzie, CEO of SelectCore. "To be recognized alongside companies such as BCE, Rogers and Telus is a real honor."

"SelectCore has undergone a significant transformation over the past two years that has helped strengthen and position the company to become a prominent player in the high-margin prepaid financial services and payments space," said Ryan Deslippe, President of SelectCore. "The Branham300 ranking is an important metric that validates our ongoing efforts." ..hide


April 26, 2012
SelectCore retains Pilot PMR
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For Immediate Release: April 26, 2012

TORONTO, ON: SelectCore Ltd. ("SelectCore") (TSX-V: SCG), a leading prepaid financial services provider and transaction processor for under-banked and underserved markets, has retained Toronto-based Pilot PMR as its public relations agency of record. The agency's corporate communications practice will lead the engagement with a focus on stakeholder and investor relations, strategic business development opportunities, and growing SelectCore's brands.

Pilot PMR is an award-winning integrated communications agency providing public relations, brand, digital and documentary media services to clients across Canada and internationally. The agency works with leading brands in many sectors including financial services, legal, healthcare, energy, sports and entertainment, food and beverage, and consumer goods.

"We have achieved a number of important milestones in our development in the past 12 months," said Keith McKenzie, CEO of SelectCore. "The SelectCore story is evolving at an accelerated rate and it is important that we clearly communicate our progress to all of our stakeholders, including the capital markets."

In the past year, SelectCore has announced several key business and product development initiatives related to the Company's financial services business. Recent announcements included the acquisition of Conquest Payment Processing, the appointment of industry veteran Bryan Kenyon to the post of EVP Financial Services, the agreement with 360 Incentives, and most notably the signing of a significant, long-term Government contract. "The vision, focus and energy of the SelectCore management team is impressive," said David Doze, president & CEO, Pilot PMR. "We are thrilled to be supporting their efforts at this important time in the Company's development." ..hide


March 30, 2012
SelectCore appoints Kevin Taylor to Board of Directors
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For Immediate Release: March 30, 2012

TORONTO, ON: SelectCore Ltd. ("SelectCore") (TSX-V: SCG), a prepaid telecom and financial services transaction processor for the under-banked consumer market, is pleased to announce that it has appointed Kevin Taylor to the board of directors.

From June 2007 to November 2011, Mr. Taylor was a director of AP Acquisition Corp. (formerly Rapid Brands Inc. and previously RDS Acquisition Corp.) and from February 2007 served as a Director of Rapid Refill Ink International Corp. (the predecessor of RAP Acquisition Corp.). Mr. Taylor is the President and CEO of Prism Equity Group, a newly funded venture focused on new opportunities in the Telecom and Alternative Energy space in the Caribbean and Central and South America. From January 2009 to current, Mr. Taylor has been the President of Facey Telecom, a distribution company with a unique focus around telecommunications. From July 2006 to June 2008, Mr. Taylor was the Vice President and General Manager of the carrier business of Nortel Networks Corporation ("Nortel") in the Caribbean and Latin American (CALA) region. From October 2002 to July 2006, Mr. Taylor served as the Vice President of Nortel's wireless business in the Caribbean and Latin American region. From December 2000 to October 2002, Mr. Taylor served as Nortel's Director of Marketing for the Americas. Mr. Taylor completed The General Managers Program at the Harvard Business School in 2001 and received a Bachelor of Engineering - Science degree from the University of Western Ontario in 1994.

"We are very excited to have Kevin join our Board of Directors. His wealth of knowledge and contacts in the Caribbean and Latin American markets will be a tremendous asset to the Company as we continue to capitalize on new opportunities in these areas specifically in the prepaid financial service space. "said Keith McKenzie, CEO of SelectCore Ltd.

"I look forward to assisting the Company with introductions and providing guidance and direction on executing and delivering financial services in these untapped markets. I believe SelectCore is uniquely positioned to leverage its infrastructure and world class processes to bring financials solutions to the unbanked and under-banked in the CALA region" commented, Kevin Taylor. ..hide


March 26, 2012
SelectCore signs agreement with 360incentives.com
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For Immediate Release: March 26, 2012

TORONTO, ON: SelectCore Ltd. ("SelectCore") (TSX-V: SCG), a prepaid telecom and financial services provider and transaction processor for the under-banked consumer market, announced today that it has executed an agreement with 360incentives.com, the world's most innovative on-demand incentives platform.

360incentives.com has now launched SelectCore's private-branded prepaid MasterCard card programs for major brands and clients of 360incentives.com.

Keith McKenzie, CEO of SelectCore commented "We are very pleased that 360Incentives.com has chosen SelectCore as their card issuing partner to streamline the administration and disbursements for their incentive solutions and look forward to supporting many more brands and programs."

"SelectCore's prepaid solution is a natural extension to our platform, which enables us to provide seamless integration between the two systems for our clients," said Jason Atkins, CEO of 360incentives.com

About 360Incentives.com

360incentives.com is the leading on-demand incentives company providing breakthrough technology to businesses for all of their promotional needs (Sales Incentives (SPIFFs), Instant Rebates, Consumer Rebates, Sell-Through Allowances (STAs), Trailing Credits, Price Protection, Contests, Sweepstakes, and MDF/Co-Op programs). With 360's platform, organizations have access to real-time reporting, quick claim approval and payment, and industry leading fraud prevention which saves clients 3%-5% of their promotional spend. ..hide


March 22, 2012
SelectCore Draws on Debt Facility
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For Immediate Release: March 22, 2012

TORONTO, ON: SelectCore Ltd. ("SelectCore") (TSX-V: SCG), a prepaid telecom and financial services transaction processor for the under-banked consumer market, would like to announce that, further to its press releases of September 6, 2011 and December 8, 2011, an additional tranche of $500,000 (the "Additional Advance") has been advanced to the Company pursuant to the terms and conditions of the long-term secured convertible debt facility (the "Facility") with its senior lender Windsor Bancorp Limited Partnership ("Windsor"). For complete details of the Facility, please refer to the Company's press release of September 6, 2011.

The Additional Advance comes due on the same date as the Facility, which is September 2013, with the option of extending for two additional one-year terms. The Additional Advance will bear an interest rate equal to the prime rate charged by the Royal Bank of Canada plus 9% per annum.

Subject to regulatory approval, the Additional Advance is convertible, at the option of Windsor, into 1,923,077 common shares in the capital of the Company at a deemed price of $0.26 per common share.

The proceeds from the Additional Advance will be used to support new major customer contracts secured by the company. ..hide


March 14, 2012
SelectCore Signs Major Government Contract
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For Immediate Release: March 14, 2012

TORONTO, ON: SelectCore Ltd. ("SelectCore") (TSX-V: SCG), a prepaid telecom and financial services provider and transaction processor for the under-banked consumer market, announced today that it has executed a significant government contract related to the Company's prepaid financial services business. The agreement has a three-year term with optional one-year term extensions.

Final terms and details pertaining to the master agreement with the client will be disseminated at a future date prior to implementation of the program, which is expected to be in approximately 90 days. ..hide


February 23, 2012
SelectCore Appoints Prepaid Executive to Head Financial Services Division
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For Immediate Release: February 23, 2012

TORONTO, ON: SelectCore Ltd. ("SelectCore") (TSX-V: SCG), a prepaid telecom and financial services provider and transaction processor for the under-banked market, announced today that the Company has appointed senior advisor, Bryan Kenyon to Executive Vice President of Financial Services. In this key role, Mr. Kenyon, who served as an early-stage executive for industry leader Green Dot (NYSE: GDOT), will leverage his considerable experience focusing on strategic planning, business development and the rollout of the Company's financial service offerings including ReCash and Iridium MasterCard in both Canada and the United States.

"This new role will also help accelerate the Company's development and launch of new mobile financial services and payment solutions" commented Ryan Deslippe, President of SelectCore.

"We are excited to have Bryan join our team in this capacity" said Keith McKenzie, CEO of SelectCore. "His wealth of knowledge and industry contacts will serve as a tremendous asset as we continue to capitalize on new opportunities."

Mr. Kenyon commented "I am excited to join the SelectCore management team at a pivotal time when the Company is poised to expand its business through both organic and acquisition channels. SelectCore's extensive retail network gives us a distinct market position and competitive advantage." ..hide


February 10, 2012
SelectCore to offer third-party gift cards through retail network
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For Immediate Release: February 10, 2012

TORONTO, ON: SelectCore Ltd. ("SelectCore") (TSX-V: SCG), a prepaid telecom and financial services provider and transaction processor for the under-banked consumer market, announced today that further to the Company's press releases dated October 31, 2011, November 21, 2011 and January 23, 2012, it has executed the definitive asset purchase agreement to acquire the assets of an arms-length Canadian payment processor, Conquest Financial Services ("Conquest").

Through this acquisition, SelectCore will add in excess of 2,200 new point-of-sale terminals and merchants to its retail network across Canada. Based on historical performance, the addition of this business is estimated to generate approximately $1.2 million in annual profit for the Company not including the incremental revenues and profits anticipated from synergies and the extension of Conquest's services to SelectCore's existing retail partners.

The purchase price of $4,760,000 will be satisfied through the issuance of 16,413,793 shares in the capital of the Company. An additional 1,034,482 shares will be held in escrow and released quarterly over the next 40 months contingent on the Conquest business meeting certain performance metrics. If these metrics are not fully met, any unreleased shares at the end of the 40-month period will be returned to the Company and cancelled. Additional cash consideration can be earned by Conquest over the next 40 months based on 75% of incremental net profit realized from two new customers. An earn-out of up to five million shares in the capital the Company or a portion thereof, can be earned by Conquest upon finalizing the development of a key product offering within the next five months.

Management is of the view that this Acquisition is accretive and will strategically enable SelectCore to launch an industry-first, debit/credit payment processing solution for the independent convenience store channel. The Company intends to offer this new solution to its existing retail partners where SelectCore-owned VeriFone point-of-sale devices have already been deployed. The transaction also facilitates the Company's entrance into the rapidly growing mobile payments and NFC (near field communication) space.

"This acquisition is a key step in the advancement of the Company's business plan to develop new, high-margin payment technologies and financial services while providing a unified solution to our retail partners" commented Keith McKenzie, Chief Executive Officer of SelectCore. "The added mechanism of payment processing gives SelectCore leadership status amongst comparable pears who cannot offer a one stop point of sale solution"

The transaction is subject to approval by the TSX Venture Exchange. ..hide



Neither TSX Venture Exchange nor its Regulation ServicesProvider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-lookingterminology such as "plans", "expects", or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "does not anticipate", or "believes" or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", or "will be taken", "occur", or "be achieved". Forward-looking information is based on the opinions and estimates of management at the date the information is made, and is based on a number of assumptions and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including risks related to market and financing conditions as well as risks associated with the prepaid telecom and prepaidfinancial industries, changes in project parameters as plans continue to berefined as well as those risk factors discussed in the Company's management's discussion and analysis for the period ended December 31, 2010, available on www.sedar.com. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance thatsuch information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information contained herein, except in accordance with applicable securities laws.