SelectCore Ltd.

SelectCore Ltd.

January 22, 2007 13:46 ET

SelectCore Grants Options and Welcomes David Parkes to Chairman of the Board

TECUMSEH, ONTARIO--(CCNMatthews - Jan. 22, 2007) - SelectCore (TSX VENTURE:SCG) -

Further to the press release dated December 13, 2006 announcing the appointment of David Parkes (former President & CEO of Sprint Canada) to Chairman of the Board, the Directors of the Company welcomed Mr. Parkes to his new role at a meeting held January 12th, 2007. The company also granted Mr. Parkes 500,000 options to purchase common shares of the company, exercisable at $0.15 per share, expiring January 11th, 2009.

David Parkes is a prominent leader in the Canadian telecommunications industry. As a founding member of the executive team at Cantel (now Rogers Wireless), David held various senior-level positions over a ten year period including President, Cantel Ontario and Senior Vice President, Sales & Marketing. Mr. Parkes continued his career as the CEO of some of the industry's most respected companies including Sprint Canada.

Mr. Parkes currently serves on the Board of Directors of Envoy Communications and Clearly Canadian Beverage Corp. He was also a founding board member of Microcell Communications during the successful launch of the Fido brand. He received his MBA and B.Sc. from York University.

About SelectCore:

SelectCore (TSX VENTURE:SCG) is in the business of providing highly-valued telecom products and services to the ever-growing credit-challenged / sub-prime consumer market. Focused on launching new offerings in high-growth areas such as wireless and IP, the company's long-term objective is to aggregate a large community of ultra-loyal users. The company markets its products and services through its extensive, nation-wide retail distribution channel. In addition to having long-term relationships with Canada's top carriers, the company maintains its own telecom network and fulfillment infrastructures. SelectCore was ranked Canada's 6th fastest-growing company in 2006 by Profit 100.

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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