SelectCore Announces Accretive Acquisition Target

For Immediate Release 06/18/2007

TECUMSEH, ON: SelectCore, (TSX-V: SCG) one of Canada's fastest-growing companies* and a premier telecommunications provider to the credit-challenged consumer market, today announced that it is negotiating the terms of a definitive agreement to acquire substantially all of the assets of a privately-owned telecommunications technology company.

The acquisition target is a well-respected leader in the Canadian telecom industry with annual revenues in excess of $25 million. It is anticipated that the aggregate purchase price will be approximately $5.5 million, which will be paid in cash, stock and assumption of debt. As a condition of entering into a definitive agreement, SelectCore has filed an application with the Ontario Superior Court of Justice requesting among other things that the proposed purchase is in full compliance of the Bulk Sales Act.

Further details of the transaction will be announced pending the execution of a definitive purchase agreement.

About SelectCore:
SelectCore (TSX-V: SCG) ) is in the business of providing highly-valued telecommunication products and services to the ever-growing credit-challenged consumer market in Canada. Focused on launching new offerings in high-growth areas such as wireless and IP, SelectCore's mission is to aggregate a vast community of ultra-loyal users. The products and services are marketed through the company's nation-wide retail distribution channel. In addition to its long-term partnerships with the major telecom carriers, the company also maintains its own network infrastructure. * Profit 100 ranked SelectCore one of Canada's fastest-growing companies in 2006 and again in 2007.



This news release contains projections and other forward-looking statements regarding future events. Such statements are predictions, which may involve known and unknown risks, uncertainties and other factors, which could cause the actual events or results and objections to differ materially from those expressed. The TSX Venture Exchange has neither approved nor disapproved the contents of this news release. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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