SCG

SelectCore Ltd. ("SelectCore" or the "Company") (TSX VENTURE:SCG) a leader in
prepaid payment solutions, today announced a strategic restructuring of its
executive management team to better position the Company to fully capitalize on
new contracts and significant growth opportunities that are anticipated to
develop over the near term.


As part of the restructuring initiatives, Mr. Kevin Taylor, Director of the
Corporation, will assume the role of Chief Executive Officer. Mr. Keith McKenzie
and Mr. Ryan Deslippe will remain with the Company in the key roles of President
and Executive Vice President respectively. McKenzie and Taylor will continue to
serve on the Board of Directors of SelectCore.


The restructuring brings an introduction of new leadership and the division of
responsibilities to address the Company's growth priorities.


Mr. Taylor is a seasoned professional that brings more than 20 years of
leadership experience having held senior-level positions in the Latin America
and Caribbean market including heading up Nortel's carrier and wireless groups
from 2000 to 2008. Mr. Taylor was also President of the Telecom division of
Facey Group, one of the largest private companies domiciled in the Caribbean.
Mr. Taylor completed the General Managers Program at the Harvard Business School
in 2001 and received his Bachelor of Engineering - Science degree from the
University of Western Ontario in 1994.


Mr. Taylor's vast wealth of knowledge and contacts in this region is already
bolstering SelectCore's next phase of growth. In his new role, Mr. Taylor will
not only focus on delivering sustained growth and profitability, but also
raising the profile of SelectCore on a global scale and creating awareness among
the public markets including analysts, retail and institutional investors.


These corporate restructuring initiatives are designed to strengthen the Company
and position it for long-term success - allowing Mr. McKenzie, Mr. Deslippe and
other key members of the executive team to focus their full-time efforts on
business development initiatives and the execution of new contract
implementations, innovation and product development.


The Company and all of its stakeholders stand to benefit considerably from these
changes that come at an important time as SelectCore anticipates significant
growth from new corporate and public sector prepaid card programs within Canada
and the LAC region.


"These strategic changes ensure we have the best team and leadership in place to
execute our growth plan and realize the enormous potential of our Company"
commented Martin Bernholtz, Chairman of SelectCore. "They are aimed at
accelerating profitable growth and increasing accountability and shareholder
value."


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. 


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 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 and
payment 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 the most recent financial reporting period available
on www.sedar.com. 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
SelectCore Investor Relations
(800) 584-8819 ext. 105
investor@selectcore.com
www.selectcore.com

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