For Immediate Release
Northcore Technologies Inc.
302 The East Mall, Suite 300
Toronto, ON M9B 6C7
Tel: 416 640-0400 / Fax: 416 640-0412 www.northcore.com
(TSX: NTI; OTCBB: NTLNF)
NORTHCORE ANNOUNCES LAUNCH OF NEW CUSTOMER WEB PLATFORM FORTHE COALITION OF COMMUNITY HEALTH AND RESOURCE CENTRES OF OTTAWA
Toronto, Ontario - October 17, 2012 - Northcore Technologies
Inc. (TSX: NTI; OTCBB: NTLNF), a global provider of asset
management and social commerce solutions is pleased to
announce the launch of a new customer web destination through
its portfolio company Envision Online Media Inc.
("Envision").
As previously announced, Northcore has acquired Envision, an
Ottawa based software development company. Envision has been
one of the most respected boutique solutions providers in the
National Capital Area for over a decade and brings a
complementary product and skill set to Northcore.
The customer, Coalition of Community Health and Resource
Centres of Ottawa is a network of multi-service,
community-based health and resource centres that recognizes
the importance of responding to the diversity of needs within
local communities and pays particular attention to those
members of the community who are most vulnerable and at
risk. The new web presence provides a valuable
reference tool for individuals who require access to the many
important resources provided by the centres. The web site and
more information can be found at www.coalitionottawa.ca.
"Congratulations to the team at Envision for another on time
project delivery to a satisfied customer," said Amit Monga,
CEO of Northcore Technologies. "The Coalition of Community
Health and Resource Centres of Ottawa is a fantastic
organization and we are pleased to welcome them to our list
of valued clients."
Further disclosure on Envision's portfolio and
capabilities can be found on their web presence located at www.envisiononline.ca.
Northcore develops solutions to support the evolving needs of
industry and provides comprehensive platforms for the
management of capital equipment and the implementation of
Social Commerce business models. These products are proven,
effective and in use by some of the world's most successful
corporations.
Companies interested in effective software solutions should
contact Northcore at 416-640-0400 or 1-888-287-7467,
extension 395 or via email at Sales@northcore.com.
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Northcore Announces Launch Of New Customer…
About Northcore Technologies Inc.
Northcore Technologies provides enterprise level software
products and services that enable its customers to purchase,
manage and dispose of capital equipment. Utilizing
award-winning, multi-patented technology, as well as
powerful, holistic Social Commerce tools, Northcore's
solutions support customers throughout the entire asset
lifecycle. Northcore's portfolio companies include
Envision Online Media Inc., a specialist in the delivery of
content management solutions and Kuklamoo, a family
information web destination and national daily deal site
targeting families with kids.
Northcore owns 50 percent of GE Asset Manager, LLC, a joint
business venture with GE and holds a substantial intellectual
property portfolio.
For more information, visit www.northcore.com.
This news release may include comments that do not refer
strictly to historical results or actions and may be deemed
to be forward-looking within the meaning of the Safe Harbor
provisions of the U.S. federal securities laws. These
include, among others, statements about expectations of
future revenues, cash flows, and cash requirements.
Forward-looking statements are subject to risks and
uncertainties that may cause Northcore's results to differ
materially from expectations. These risks include the
Company's ability to raise additional funding, develop its
business-to- business sales and operations, develop
appropriate strategic alliances and successful development
and implementation of technology, acceptance of the
Company's products and services, competitive factors,
new products and technological changes, and other such risks
as the Company may identify and discuss from time to time,
including those risks disclosed in the Company's Form 20-F
filed with the Securities and Exchange Commission.
Accordingly, there is no certainty that the Company's
plans will be achieved. Important factors that could cause
actual results to differ materially from the Company's
expectations are disclosed in the Company's documents
filed from time to time with the Toronto Stock Exchange, on
SEDAR (the System for Electronic Document Analysis and
Retrieval at www.sedar.com) and the US Securities and
Exchange Commission. This news release shall not constitute
an offer to sell or the solicitation of an offer to buy
securities of the Company in any jurisdiction.
Contact:
Northcore Technologies Inc.
Investor Relations
Tel: (416) 640-0400 ext. 273
Fax: (416) 640-0412
E-mail: InvestorRelations@northcore.com
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