SelectCore Ltd.
TSX VENTURE : SCG

SelectCore Ltd.

July 31, 2012 21:12 ET

SelectCore Appoints New Interim Chief Financial Officer

TORONTO, ONTARIO--(Marketwire - July 31, 2012) -

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SelectCore Ltd. ("SelectCore" or the "Company") (TSX VENTURE:SCG) is pleased to announce that Alan Doody the Company's Senior Controller has been appointed Interim Chief Financial Officer of the Company.

Mr. Doody has over 15 years experience in all facets of financial and business management and most recently was the corporate controller of an investment management firm specializing in wealth and fund management services. Mr. Doody previously served as controller of a logistics and supply chain company. Mr. Doody received his MBA, Finance in 2003 and is a Registered Public Accountant (Alberta), a Certified Professional Accountant (Ontario) and a Certified Professional Accountant with the Canadian Institute of Professional Accountants.

After serving as the Company's Interim Chief Financial Officer since February, 2010, Jannet Wang has resigned from the Company to pursue other opportunities. The board of directors of SelectCore thanks Ms. Wang for her contributions to the Company.

About SelectCore

SelectCore Ltd. (TSX VENTURE:SCG) is a pioneer and leader in prepaid payment solutions for underserved markets. Founded in 1999, the Company offers a range of prepaid products and services from stored-value cards to mobile top-up that provide financial empowerment to a market of millions of under-banked consumers. SelectCore has been ranked among Canada's fastest growing companies by Profit Magazine four times in the past six years and was included in the 2011 Deloitte Technology Fast 500 list of North America's fastest-growing technology companies. For more information visit www.selectcore.com.

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

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