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Rasool Verjee Appointed to SelectCore's Advisory B

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Post# of 301275
(Total Views: 37)
Posted On: 07/18/2017 7:00:19 AM
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Posted By: News Desk 2018
Rasool Verjee Appointed to SelectCore's Advisory Board

TORONTO, July 18, 2017 (GLOBE NEWSWIRE) -- SelectCore Ltd. (“ SelectCore ” or the “ Company ”) (TSX-V: SCG ).

SelectCore is pleased to announce the Advisory Board appointment of Rasool Verjee.

Mr. Verjee is an opportunistic serial entrepreneur with a depth of experience in telecommunications, technology and an extensive diverse global network.  He holds degrees in Law from Cambridge University. His career has been marked by early adoption of emerging technologies delivering high returns on equity from start-up operations as evidenced by Telemagix, Canada’s first interactive Information service; Telepersonals that went on to become LavaLife Inc: North America’s leading provider of phone and online Dating Services. Also, World Phone Inc. that partnered with Tier One carriers including AT&T, Teleglobe Canada and Codetel  generating over 10,000,000 minutes a month of International Audiotex Voice traffic, Atlas Telecom Network a leader in Wholesale VOIP Termination; MobileMiser Inc: a disruptive service helping consumers reduce their international cell phone charges. Rasool believes in blockchain's disruptive potential to reshape and transform the financial markets and consequently is an excellent fit as a Board advisor given SelectCore's transformation to fintech and a provider of digital currency accessibility.

Mohammad Abuleil, President and CEO, SelectCore comments, "we take great pleasure in welcoming Mr. Verjee to our Advisory Board. His business acumen and professional background will be an asset as we build a foundation in the payments space that encapsulates both the physical world and virtual world." Rasool Verjee adds, "innovation and imagination is what brings the future to us in real time. The digital currency space is the future and SelectCore has the advantage of legacy infrastructure that makes this future a reality. I look forward to working with Mohammad and his team to create and capitalize on high value opportunities."

About SelectCore ( www.selectcore.com )

Established in 1999, SelectCore is a leading prepaid financial services provider. From prepaid mobile top-up to stored-value cards and remittance solutions, SelectCore services a market of millions of under-banked consumers, corporates and governments through its technology platforms. 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.

Caution: Neither TSX Venture Exchange Inc. (“TSXV”) nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the securities offered in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Forward Looking Information: This news release contains “forward-looking information” within the meaning of applicable securities laws. Although First Global believes in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because First Global can give no assurance that they will prove to be correct. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The statements in this press release are made as of the date of this release. First Global undertakes no obligation to comment on analyses, expectations or statements made by third-parties in respect of First Global, its securities, or financial or operating results (as applicable). First Global disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.  

For further information please contact: Mohammad Abuleil email: mabuleil@selectcore.com



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