SelectCore Teams Up With Home Trust

SelectCore Teams Up With Home Trust 
TORONTO, ONTARIO -- (Marketwire) -- 03/04/13 -- 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
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 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.  
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. 
SelectCore Investor Relations
(800) 584-8819 ext. 105