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 APPOINTS NEW CHAIRMAN OF THE BOARD OF DIRECTORS
Christopher Bulger assume role as Chairman of Northcore
Technologies
Toronto, Ontario - October 16, 2012 - Northcore Technologies
Inc. (TSX: NTI; OTCBB: NTLNF), a global provider of asset
management and social commerce solutions, is pleased to
announce the appointment of Christopher Bulger to the role of
Chairman of the Board of Directors.
Mr. Bulger will be replacing outgoing Chair Paul Godin. Mr.
Bulger is a long time director of Northcore and has led a
number of key corporate initiatives such as the acquisition
of Envision Online Media Inc.
"The team would like to thank Paul for his contributions to
the progress that the Company has made during his tenure as
Chairman. We wish him well in his future endeavors," said
Amit Monga, CEO of Northcore Technologies. "We are pleased to
welcome Chris as our Chair. He has played a crucial role in
many of the Company's most important initiatives and we
expect he will increase his contribution in this new
capacity."
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.
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Northcore Appoints New Chairman
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 ("the
Company") 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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