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SCG

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Share Name Share Symbol Market Type
TSXV:SCG TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

SelectCore Supplies Emergency Aid Cards for Province of Alberta

02/07/2013 3:30pm

Marketwired Canada


SelectCore Ltd. ("SelectCore" or the "Company") (TSX VENTURE:SCG), Canada's
Leading Payments Organization, announced today that the Province of Alberta has
chosen SelectCore to provide prepaid MasterCard cards for the disbursement of
emergency relief funds to citizens displaced by the recent floods.


The Province of Alberta is distributing SelectCore's prepaid MasterCard cards as
part of the Province's $1-billion pledge in reconstruction funds to affected
communities. The cards are being loaded with $1,250 per adult and $500 per child
as emergency relief in order to help pay for essential day-to-day purchases such
as food and lodging.


SelectCore's emergency relief card solution allows government agencies to
efficiently, securely and transparently distribute financial aid immediately to
displaced families in the event of a disaster. The use of prepaid cards also
significantly reduces the cost of distribution and risk associated with
traditional cash or cheques.


"We are gratified that our prepaid card solution has been able to assist the
Province of Alberta and the affected families," said Keith McKenzie, President
of SelectCore. "We would also like to thank our partners at MasterCard,
All-Trans Credit Union and DataCard for assisting in delivering such a fast
response time."


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 recognized as one of Canada's Fastest-Growing Companies by
Profit100, North America's Fastest-Growing Techno companies by Deloitte Fast500,
Canada's Top Tech companies by Branham300 and Canada's Leading Payments
Organization by Payments Exchange.


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. 


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
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
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 Ltd.
Investor Relations
(800) 584-8819 ext. 105
investor@selectcore.com
www.selectcore.com

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