SCG

NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES OR DISSEMINATION TO U.S.
NEWS WIRE SERVICES. 


SelectCore Ltd. ("SelectCore" or the "Company") (TSX VENTURE:SCG) is pleased to
announce that it has entered into a cooperation agreement with Radix Limited, a
company existing under the laws of St. Lucia ("Radix") in which Kevin Taylor, a
director of the Company, will have an equity interest, for the purpose of making
available to Radix the Company's expertise, technology, infrastructure and other
resources with a view to developing a market for the Company's stored-value card
and payment solutions in certain Caribbean, Central American and South American
countries (the "Territory"). Pursuant to the agreement, the Company has granted
to Radix a license to use certain trademarks of the Company for the purpose of
developing new business in the Territory. The agreement is for an initial term
of five years and is renewable on a yearly basis thereafter.


The parties have already ascertained a pipeline of significant card program
opportunities in the Territory and will be in a position to publicly disclose
such opportunities as definitive agreements are executed.


"Given Kevin's extensive experience, contacts and market knowledge in the
region, we are excited about the current and future opportunities that will
drive significant growth for the Company" commented Keith McKenzie, CEO of
SelectCore. 


The entering into of the cooperation agreement is considered a related party
transaction under the policies of the TSX Venture Exchange and Multilateral
Instrument 61-101 Protection of Minority Shareholders in Special Transactions
("MI 61-101") and the transactions contemplated by the agreements may be
considered "connected transactions" within the meaning of MI 61-101. In that
regard, the Company is relying on the exemption from the formal valuation
requirement set out in section 5.5(b) of MI 61-101 and on the exemption from the
minority approval requirement set out in section 5.7(a) of MI 61-101, including
on the basis that the transactions contemplated by the agreements may be
"connected transactions". The cooperation agreement was approved by all of the
independent directors of the Company.


About SelectCore

Established in 1999, SelectCore is a leading prepaid financial services provider
and transaction processor for 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.


Certain information in this news release contains forward-looking statements.
These forward-looking statements are subject to numerous risks and
uncertainties, certain of which are beyond SelectCore's control. As a
consequence, actual results may differ materially from those anticipated in the
forward-looking statements. Readers are cautioned that the risks and
uncertainties set out in this press release are not exhaustive. Additional
information on these and other factors that could affect SelectCore's operations
and financial results are included in reports on file with Canadian securities
regulatory authorities and may be accessed through the SEDAR website
(www.sedar.com). Furthermore, the forward-looking statements contained in this
news release are made as at the date of this news release and SelectCore does
not undertake any obligation to update publicly or to revise any of the
forward-looking statements, whether as a result of new information, future
events or otherwise, except as may be required by 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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