SelectCore Ltd.
TSX VENTURE : SCG

SelectCore Ltd.

February 17, 2011 09:00 ET

SelectCore Announces Candidacy for Profit 100 Ranking of Canada's Fastest-Growing Companies

TORONTO, ONTARIO--(Marketwire - Feb. 17, 2011) - SelectCore Ltd. (TSX VENTURE:SCG) a leading payment and transaction processor for prepaid financial and telecommunication services is pleased to announce its candidacy for the 2011 Profit 100 ranking of Canada's Fastest-Growing Companies.

This year will be Profit Magazine's 23rd annual recognition of Canada's most entrepreneurial and best and brightest companies. SelectCore's 2011 candidacy is based on the Company's five-year sales growth of 324% from $24.4 million in 2005 to $103.5 million in 2010.

SelectCore was previously honoured three times by Profit 100 in 2006, 2007 and 2009. Since its first ranking as Canada's 6th fastest-growing company, SelectCore has realized unprecedented growth of 39,770%.

The Company is pleased to have been recognized by Profit 100 for multiple years along side notable companies such as Research In Motion (RIM). Complete results and rankings will be released in the upcoming June issue of Profit Magazine.

About SelectCore:

SelectCore is a leading payment and transaction processor utilizing its proprietary point-of-sale technology to deliver prepaid financial and telecommunication services to millions of credit-challenged consumers through an extensive retail network across North America. SelectCore is a public company on the TSX Venture Exchange trading under the symbol "SCG". We were ranked one of the nation's top 100 fastest-growing companies in 2006 and 2007 and 2009 by Profit100.

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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