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SelectCore: SelectCore: Mohammad Abu-Leil Appointed to Chief Operating Officer

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^{Published in Business and Finance on Monday, February 23rd 2009 at 4:56 GMT, Last Modified on 2009-02-23 04:56:51 by Market Wire}  

TORONTO, ONTARIO--(Marketwire - Feb. 23, 2009) - SelectCore (TSX VENTURE:SCG) is pleased to announce that Mohammad Abu-Leil has been appointed to Chief Operating Officer of the company effective immediately.

Mr. Abu-Leil has been with SelectCore since January of 2007 as Vice President of Sales and Distribution and has been instrumental in the company's impressive revenue growth of over $30 million in just two years.

In addition to his new position, Mr. Abu-Leil will continue to oversee all sales and distribution for the company.

"We are delighted to have Mohammad join SelectCore's senior management team and we look forward to working with him in his new role" commented Ryan Deslippe, President of SelectCore.

About SelectCore:

SelectCore is in the business of providing prepaid telecom and financial products to Canada's ever-growing credit-challenged consumer market. The company has a nation-wide distribution network of over 10,000 convenience and grocery store locations. Through its technology division, SelectCore provides wholesale telecommunications and point of sale activation solutions to several corporate clients including some of Canada's largest phone companies and chain retailers.

SelectCore is listed on the TSX Venture Exchange under the symbol SCG.

Profit 100 ranked SelectCore one of Canada's fastest-growing companies in 2006 and again in 2007.

This news release contains projections and other forward-looking statements regarding future events. Such statements are predictions, which may involve known and unknown risks, uncertainties and other factors, which could cause the actual events or results and objections to differ materially from those expressed.

The TSX Venture Exchange has neither approved nor disapproved the contents of this news release. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.