SOURCE: ActiveCore Technologies

March 08, 2007 15:10 ET

ActiveCore Set for Roll Out of Revolutionary CyBux™ Mobile Product

TORONTO -- (MARKET WIRE) -- March 8, 2007 -- ActiveCore Technologies, Inc. (OTCBB: ATVE), a Company that operates as a payment technology solution provider, is excited to announce that it will enter the "Mobile Commerce" (m-commerce) arena through the launch of its CyBux™ Mobile product on the internet at www.cybux.mobi. The ".mobi" domain is the first and only top level domain dedicated to users who access the Internet through their mobile phones.

CyBux™ Mobile service will be available to customers through any web-enabled mobile phone in April 2007. Through this service, customers will be able to remotely track and manage their CyBux™ accounts, using their phone to check balances, top up their account and view payment histories. In addition to these features, this new product will allow customers to make secure and anonymous purchases both online and in the real world at any CyBux™ enabled POS terminal location directly from their mobile phone.

Mr. Peter Hamilton, CEO of ActiveCore, stated, "We are very excited about the launch of the new CyBux™ Mobile product. The cybux.mobi domain will allow our customer's convenient online access to both internet based and physical merchants equipped with CyBux™ enabled POS terminals. With over 2 billion mobile phones worldwide and mobile networks that now reach 80% of the world's population this new offering will have an enormous market opportunity."

Mr. Hamilton, also stated, "Our initial focus with the new CyBux™ Mobile product will be to make sure that it is fully integrated with the existing CyBux™ School System and the other 9000 merchants currently using CollectivePOS terminals in their businesses today."

ActiveCore will officially launch CyBux™ Mobile in April 2007. The market for this product is extensive and encompasses any one with a web enabled mobile phone. The Company plans to initiate its marketing efforts for its new mobile product in both the North American School System, consisting of approximately 76,000,000 students, as well as with the 9000 merchants currently using CollectivePOS terminals.

This press release is available on the company's official online investor relations site for investor commentary, feedback and questions. Investors are asked to visit ActiveCore IR Hub located at http://www.Agoracom.com/IR/ActiveCore. Alternatively, investors can e-mail AGORA Investor Relations directly at ATVE@Agoracom.com.

About ActiveCore Technologies, Inc. (www.activecore.com)

ActiveCore Technologies, Inc. operates as a payment technology solution provider, primarily in the on-line payment market. Our products encompass a variety of payment technologies as well as our own integration tool kit and direct marketing software platform that allows us to better support our payment technology clients.

About Collective Point of Sale Solutions Ltd. (www.collectivepos.com)

Established in 2001, Collective Point of Sale Solutions Ltd. (CollectivePOS) is a leading Canadian provider of debit & credit payment processing services and secure point-of-sale solutions. The Company services more than 9,000 small and medium sized businesses and processes more than $1 billion dollars annually. CollectivePOS offers payment processing solutions for dial-up, high-speed internet, e-commerce and mobile environments in both Canadian & US funds. CollectivePOS is based in Toronto, Canada.

About ePocket Digital Coin Technolgy (www.ePocket.com)

ePocket brings true electronic cash to the world for the first time, making purchases over the Internet as secure and simple as handing cash to a clerk in a store. ePocket enables banks to provide their customers with the ability to withdraw electronic cash in any currency from their regular deposit accounts, and send this electronic cash to merchants or other consumers in order to make payments. Cash created electronically is just like real cash, except there are no coins, bills, or plastic cards -- it is entirely electronic. Just like real cash, electronic cash does not require the identification of a payer. This provides privacy for consumers, and eliminates fraud and identity theft, making ePocket the most cost-effective payment solution for Internet commerce. In contrast to other payment schemes, consumers do not have to open additional accounts with a payment intermediary. Consumers do not have to give up any identity or credit information in order to accomplish a payment. This makes ePocket payments completely secure and provides complete privacy for consumers.

About CyBux Cash Card Company (www.CyBux.net)

CyBux has created an integrated online payment system across Canada involving most of the major banks and credit unions. This network encompasses thousands of financial institutions and provides a highly secure account-based payment system for use on the Internet. Consumers do not have to give up any credit information in order to accomplish a payment and can set-up an account and begin using the system with simply providing an email account. The system is low cost, making it ideal for micro-payments and a replacement for existing online payment methods and subscription systems.

Statements contained in this news release regarding ActiveCore Technologies, Inc. (formerly IVP Technology) and planned events are forward-looking statements, subject to uncertainties and risks, many of which are beyond ActiveCore's control, including, but not limited to, reliance on key markets, suppliers and products, currency fluctuations, dependence on key personnel and trade restrictions, each of which may be impacted, among other things, by economic, competitive, or regulatory conditions. These and other applicable risks are summarized under the caption "Risk Factors" in ActiveCore's Registration Statement on Form SB-2 filed with the Securities and Exchange Commission on January 4, 2005. Forward-looking statements by their nature involve substantial risks and uncertainties. As a result, actual results may differ materially depending on many factors, including those described above.

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