SelectCore Completes Public Listing on TSX Venture Exchange

For Immediate Release 10/10/2006

TECUMSEH, ONTARIO - SelectCore is pleased to announce that it is now a publicly listed company on the TSX Venture Exchange. The company officially completed its CPC (Capital Pool Company) transaction with Ribbon Capital Corp. on September 25th, 2006. The stock which trades under the symbol RBN will resume trading on October 11th, 2006. (Details with regard to the transaction can be found online at www.selectcore.com)

Keith McKenzie, CEO of SelectCore, remarked: "The listing is a significant milestone for our company which will allow us to meet our growth objectives while creating long-term value for our shareholders."

Now that the public transaction is complete, SelectCore is focusing on their strategic growth strategy. Management is committed to keeping the investment community and their shareholders abreast of the development of the company and intends to implement a comprehensive investor relations program over the next few months.

About SelectCore:
SelectCore is in the business of providing highly-valued telecommunication products and services to the ever-growing credit challenged (un-banked/sub-prime) consumer market. By connecting everyone, the company continues to aggregate a large community of loyal users. SelectCore is focused on convergence and new product development in high growth areas such as wireless and IP. The company markets its products and services direct to consumes and through its extensive, nation-wide retail distribution channel. In addition to having long-term relationships with Canada's top carriers, SelectCore also maintains its own telecom network and fulfillment infrastructures. The company's head office is based in Windsor, Ontario. The regional office and network facilities are located in Toronto, Ontario. SelectCore was ranked the 6th fastest-growing company in Canada by Profit 100 for 2006.



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 in no way passed upon the merits of the Qualifying Transaction and 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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