SelectCore Ltd.

SelectCore Ltd.

April 26, 2012 07:00 ET

SelectCore Retains Pilot PMR

TORONTO, ONTARIO--(Marketwire - April 26, 2012) - SelectCore Ltd. (TSX VENTURE:SCG), a leading prepaid financial services provider and transaction processor for under-banked and underserved markets, has retained Toronto-based Pilot PMR as its public relations agency of record. The agency's corporate communications practice will lead the engagement with a focus on stakeholder and investor relations, strategic business development opportunities, and growing SelectCore's brands.

Pilot PMR is an award-winning integrated communications agency providing public relations, brand, digital and documentary media services to clients across Canada and internationally. The agency works with leading brands in many sectors including financial services, legal, healthcare, energy, sports and entertainment, food and beverage, and consumer goods.

"We have achieved a number of important milestones in our development in the past 12 months," said Keith McKenzie, CEO of SelectCore. "The SelectCore story is evolving at an accelerated rate and it is important that we clearly communicate our progress to all of our stakeholders, including the capital markets."

In the past year, SelectCore has announced several key business and product development initiatives related to the Company's financial services business. Recent announcements included the acquisition of Conquest Payment Processing, the appointment of industry veteran Bryan Kenyon to the post of EVP Financial Services, the agreement with 360 Incentives, and most notably the signing of a significant, long-term Government contract.

"The vision, focus and energy of the SelectCore management team is impressive," said David Doze, president & CEO, Pilot PMR. "We are thrilled to be supporting their efforts at this important time in the Company's development."

About SelectCore

Established in 1999, SelectCore is a leading prepaid financial services provider and transaction processor for the under-banked and underserved markets. From prepaid mobile top-up to stored-value cards and remittance solutions, SelectCore services a market of millions of under-banked consumers through its technology platforms and extensive retail distribution network. SelectCore is a publicly traded company listed on the TSX Venture Exchange under the symbol "SCG" (TSX VENTURE:SCG). SelectCore was ranked by Profit100 as one of Canada's fastest-growing companies in 2006, 2007, 2009 and 2010. SelectCore was also ranked one of North America's fastest growing companies on Deloitte's 2011 Technology Fast 500.

Investor Relations

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "does not anticipate", or "believes" or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", or "will be taken", "occur", or "be achieved". Forward-looking information in this press release includes our expectation on implementation of the program and expected date of further press release. Forward-looking information is based on the opinions and estimates of management at the date the information is made, and is based on a number of assumptions and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including risks related to the regulatory approval process, market and financing conditions as well as risks associated with the prepaid telecom and prepaid financial industries, changes in project parameters as plans continue to be refined as well as those risk factors discussed in the Company's management's discussion and analysis for most recent financial reporting period, available on Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information contained herein, except in accordance with applicable securities laws.

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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