SelectCore Ltd.
TSX VENTURE : SCG

SelectCore Ltd.

November 29, 2007 17:29 ET

SelectCore Reports Third Quarter Results-Revenues Increase by 49%

WINDSOR, ONTARIO--(Marketwire - Nov. 29, 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 third quarter of 2007.

By way of comparison to last quarter, revenue was $16,147,743, an increase of $5.4M or 49%. Earnings per share was ($0.01). The decrease was due in part to extraordinary expenses incurred with the recent acquisition of Canquest Communications (previously announced in the news release date August 1, 2007). The Company's un-audited interim consolidated financial statements and management discussion and analysis for the period ending September 30, 2007 are available on SEDAR at www.sedar.com.

Peter Burdon, CFO of SelectCore stated "We are realizing significant operational efficiencies from the Canquest acquisition, and have begun to successfully execute our strategy to increase margins and overall market-share."

About SelectCore:

SelectCore (TSX VENTURE:SCG) is in the business of providing prepaid telecommunication solutions to the credit-challenged consumer market across Canada. The offerings, which include wireless, home telephone, long distance and broadband internet are marketed through private-label partnerships as well as company's own 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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