SelectCore Ltd.
TSX VENTURE : SCG

SelectCore Ltd.

February 26, 2010 09:26 ET

SelectCore to Launch International Mobile Top-Up

TORONTO, ONTARIO--(Marketwire - Feb. 26, 2010) - SelectCore Ltd. (TSX VENTURE:SCG), a provider of prepaid telecom and prepaid financial solutions is pleased to announce that the company will be launching international mobile top-up service on its PrepaidONE platform this March. SelectCore will be one of the first companies in Canada to offer this service through its nation-wide retail network of convenience and grocery stores.

Following the growing trend of global money remittance, international mobile top-up allows Canadian immigrants to stay connected with their friends and family abroad by purchasing mobile airtime on their behalf here in Canada. The recipient instantly receives a text message notifying them that their account has been topped-up in their local currency. 

SelectCore will offer airtime top-up for more than 70 mobile operators in over 50 countries around the world including Tigo, Claro, Telcel, Digicel, Vodafone and Orange to name a few. Together, these operators represent a market of nearly 400 million prepaid mobile subscribers worldwide.

"Offering international top-up allows us to reach beyond our domestic market to generate a new source of revenue" commented Ryan Deslippe, President of SelectCore "There has been a growing demand in the US market, and we expect similar adoption here, in one of the world's most ethnically diverse countries"

About SelectCore:

SelectCore (TSX VENTURE:SCG) is in the business of providing prepaid telecom, prepaid financial and transaction-based POSA (point of sale activation) solutions utilizing its own network infrastructure and proprietary technology. SelectCore connects everyone with prepaid products and services through its nation-wide distribution channel of thousands of retail convenience and grocery store locations. Profit 100 ranked SelectCore one of Canada's fastest-growing companies in 2006 and again in 2007. SelectCore is listed on the TSX Venture Exchange under the symbol SCG.

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.

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

Contact Information