SCG

SelectCore Ltd. ("SelectCore" or the "Company") (TSX VENTURE:SCG) a leader in
prepaid payment solutions, today announced that it has teamed up with Home
Trust, a wholly owned subsidiary of Home Capital Group Inc. (TSX:HCG), to offer
corporate and public sector prepaid card and payment solutions through Visa
Canada (NYSE:V) and MasterCard Canada (NYSE:MA).


The Canadian payments market is anticipating explosive growth as Canada shifts
into the digital age and moves away from paper cheques and cash forms of
payment. This new venture will enable SelectCore and Home Trust to harness this
growth and capture marketshare.


Prepaid Visa and MasterCard cards will be a key driver in the evolution of
cheque replacement - driving significant cost savings for government agencies,
corporations and consumers alike. The Canadian Task Force for the Payments
System Review has set forth recommendations to reduce the use of cheques by 80
percent. SelectCore and Home Trust are well positioned to address this market
demand by leveraging our combined synergies of technology, infrastructure,
capabilities and expertise.


The Canadian prepaid market is expected to grow to an estimated $19.2B in the
next five years alone, with an addressable market surpassing $125B. Our focus
will be on targeting emerging segments of the market that are expected to drive
the majority of this anticipated growth, including government benefits,
healthcare, payroll, travel and incentives.


"We are excited by the opportunity to enter this rapidly growing payments
space," said Gerald M. Soloway, Chief Executive Officer, Home Trust. "By
expanding our portfolio to include prepaid card solutions, we are further
diversifying our business. We look forward to building and developing our
relationship with SelectCore."


"As the incumbent provider of government disbursement solutions and a pioneer in
the prepaid industry, our agreement with Home Trust reconfirms our leadership
position in the Canadian marketplace," commented Keith McKenzie, President of
SelectCore. "We are delighted to be working with one of Canada's leading
alternative financial services companies."


About Home Capital and Home Trust

Home Capital Group Inc. is a public company, traded on the Toronto Stock
Exchange (HCG), operating through its principal subsidiary, Home Trust Company.
Home Trust is a federally regulated trust company offering deposits, residential
and non-residential mortgage lending, securitization of insured residential
first mortgage products, consumer lending and credit card services. Licensed to
conduct business across Canada, Home Trust has offices in Ontario, Alberta,
British Columbia, Nova Scotia, Quebec and Manitoba.


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

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