SelectCore Ltd.
TSX VENTURE : SCG

SelectCore Ltd.

July 18, 2007 09:00 ET

SelectCore Signs Letter of Intent With easyhome Ltd.

WINDSOR, ONTARIO--(Marketwire - July 18, 2007) - SelectCore Ltd., (TSX VENTURE:SCG), one of Canada's fastest-growing companies(i) and leading telecom providers to the credit-challenged consumer market, is pleased to announce the signing of a letter of intent with easyhome Ltd. (TSX:EH), Canada's leading merchandise leasing company.

SelectCore and easyhome are currently in the development stages of offering residential telecommunication services throughout easyhome's 198 locations across Canada under the new 'easyfone' brand. The trial launch is expected to commence this month. If successful, the companies will immediately begin to implement their roll-out strategy across Canada and eventually easyhome's new retail locations in the US.

"This business is a natural complement to our core operations," stated David Ingram, President and Chief Executive Officer of easyhome Ltd. "It targets a wide base of customers whom we already know, and this will allow us to strengthen our relationship with them."

Ryan Deslippe, President of SelectCore further commented, "We are excited about partnering with such a reputable organization. The market segment we are going after is widely under-serviced and easyhome's retail network provides us with direct access to these target consumers".

About SelectCore:

SelectCore is in the business of providing prepaid telecommunication solutions to credit-challenged consumers across Canada. The offerings, which include wireless, home phone, long distance and broadband internet, are marketed through the company's nation-wide retail distribution channel. In addition to its long-term partnerships with Canada's major carriers, the company also maintains its own telecom network infrastructure. (i)Profit 100 ranked SelectCore one of Canada's fastest-growing companies in 2006 and again in 2007. SelectCore Ltd. is listed on the TSX Venture Exchange under the symbol 'SCG'.

About easyhome:

easyhome Ltd., with 198 stores as at June 30, 2007 is Canada's largest merchandise leasing company and the third largest in North America, offering top quality, brand-name household furnishings, appliances and home electronic products to consumers under weekly or monthly leasing agreements. easyhome Ltd. is listed on the TSX under the symbol 'EH'.

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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