SelectCore Ltd.

SelectCore Ltd.

January 18, 2007 09:01 ET

SelectCore Ltd. Announces Name Change

TECUMSEH, ONTARIO--(CCNMatthews - Jan. 18, 2007) - SelectCore (the "Corporation") (formerly Ribbon Capital Corp.) (TSX VENTURE:SCG) is pleased to announce that the shareholders of the Corporation approved at the special meeting of shareholders held on January 12, 2007 the name change of the Corporation from Ribbon Capital Corp. to SelectCore Ltd. As at the opening of trading on January 18, 2007, the Corporation will commence trading on the TSX Venture under the name SelectCore Ltd. under the symbol "SCG".

About the Company:

SelectCore 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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