SelectCore Ltd.
TSX VENTURE : SCG

SelectCore Ltd.

August 30, 2007 08:30 ET

SelectCore Improves Revenues, Margins and Earnings. Reports Second Quarter Results

WINDSOR, ONTARIO--(Marketwire - Aug. 30, 2007) - SelectCore Ltd., (TSX VENTURE:SCG) one of Canada's fastest-growing companies(i) and a nation-wide prepaid telecommunications provider, announced today the company's financial results for the second quarter of 2007.

By way of comparison to last quarter, revenue was $10,760,274, an increase of 43%. Gross profit increased 50% and net earnings after stock-based compensation improved 66%. The Company's un-audited interim consolidated financial statements and management discussion and analysis for the period ending June 30, 2007 are available on SEDAR at www.sedar.com.

About SelectCore:

SelectCore (TSX VENTURE:SCG) is in the business of providing prepaid telecommunication solutions in under-serviced market segments across Canada. The offerings, which include wireless, home telephone, long distance and broadband internet are marketed through the company's nation-wide distribution channel of independent and corporate chain retailers. SelectCore's technology division maintains its own telecom network infrastructure servicing many of Canada's largest incumbent phone companies. (i)Profit 100 ranked SelectCore one of Canada's fastest-growing companies in 2006 and again in 2007.

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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