Home Trust teams up with SelectCore

TORONTO, March 4, 2013 /CNW/ - Home Trust, a wholly owned subsidiary of Home 
Capital Group Inc. (TSX: HCG), today announced that it has teamed up with 
SelectCore Ltd. ("SelectCore" or the "Company") (TSX-V: SCG) a leader in 
prepaid payment solutions, 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-V: 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. 
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. 
Home Capital Group Inc. Gerald M. Soloway, CEO, or Martin Reid, President 
416-360-4663 www.homecapital.com 
SelectCore Investor Relations (800) 584-8819 ext. 105 
investor@selectcore.com www.selectcore.com 
SOURCE: Home Capital Group Inc. 
To view this news release in HTML formatting, please use the following URL: 
CO: SelectCore Ltd.
ST: Ontario
-0- Mar/04/2013 12:30 GMT
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