Activecore Technologies Inc. (fka ATVE)

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ActiveCore Continues Significant Success in UK as the 'Business-Scene' Portal Chooses the CyBux Solution
5:00a ET July 17, 2007 (PR NewsWire)

ActiveCore Technologies, Inc. (Pink Sheets: ATVE), a Company that operates as a payment technology solution provider with online, wireless and POS payment solutions, is pleased to announce that it has reached an agreement with the Business-Scene Portal (BSP) to provide them with a self branded version of the CyBux(TM) Cash Card product for their corporate based members to facilitate payment of all purchases related to their membership in the BSP. The BSP is a place where businesses can go to gain knowledge, support and customers on a regional, community or industry basis.

Business-Scene supports the local business community by offering an un-rivaled set of tools to help promote their members products and services online. By having regional hubs with defined industry sectors, the Portal supports the fact that 80% of Small and Medium sized Enterprises' (SME) business generally comes from within a 30 mile radius. So what ever your business, you can join the portal for a minimal investment of 60.00 pounds Sterling and start attracting more business, while using the CyBux(TM) Card to trade between other member companies.

Neil Fishenden, Chief Executive Officer of ActiveCore Europe, a wholly owned UK subsidiary of ActiveCore stated, "We are delighted to have won yet another opportunity to deliver the CyBux(TM) solution within a closed community portal environment. It has been agreed that we will initially pilot the CyBux(TM) solution within the Charity and Golf community modules and roll out to other business sectors following the successful conclusion to this Proof of Concept phase." Mr. Fishenden went on to say that, "it is becoming very clear that there are an almost endless number of business sectors or geographically based 'community portals' requiring a private labeled pre paid debit and/or loyalty card solution. The ability to deliver incremental revenue opportunities through shared transactional fees to the portal administrators, combined with the low transactional fees, networking effect and rapid adoption opportunities for users is proving to be a winning formula for CyBux(TM)."

Peter Hamilton, Chief Executive Officer of ActiveCore, stated, "The continuing expansion and success of our UK operation clearly demonstrates the suitability and uniqueness of the CyBux(TM) Cash Card solution to meet the needs of Community Portal networks such as Business-Scene. Since our announcement to appoint Ben Hortop as VP of Sales for the European office, we have been able to focus on an area of the market that Ben is extremely familiar with which has a specific need for the features offered by the CyBux(TM) Card." Mr. Hamilton also stated that, "there are a large number of Portals that cater to the small to medium sized business market (SME) and we are ideally placed to continue our impressive growth within this rapidly expanding market sector."

Ben Hortop, Vice President of Sales of ActiveCore Europe, stated, "My experience in developing Community Networks and knowledge of their business requirements has lent itself well to my ability to bring new opportunities to ActiveCore through the use of the CyBux(TM) Card. My association with Business-Scene and knowledge of their planned expansion allows us the ability to focus in on their specific needs ensuring the successful implementation of the CyBux(TM) solution. As stated by Neil Fishenden, we are able to address the requirements of a rapidly growing niche market and I am confident of our ability to deliver against our aggressive expansion plans within this sector." Mr. Hortop continued by saying, "Business-Scene are very excited to pilot the CyBux(TM) Cash Card through the BSP and gain the support of the Golf and Charity members first and foremost. This is a very popular section of the BSP and the perfect launch area for the CyBux(TM) member benefits card. The ability to monetize the whole BSP presents a very powerful opportunity, especially now that they have recently secured some very significant partners, which will increase the membership significantly and expand the opportunity for a member's card."

ActiveCore Europe believes that BSP is the tip of the iceberg. Portal solutions help to deliver high performance through reduced operational expenses, simplified application maintenance, improved CRM and customer satisfaction, increased revenue streams, and improved knowledge management and collaboration. The dynamic reach of portals impacts different components of clients' businesses: across organizations and business units, generating revenues and improving positioning and overall internal business processes. Portals help companies enhance their high-powered business goals by offering innovative options to conduct business over the Internet. However, without the ability to promote and trade efficiently these benefits can be hard to realize and CyBux(TM) addresses this need.

About Business-Scene (http://www.business-scene.com)

Here are the Benefits that Individuals, Businesses, and Networking Groups will achieve by Registering with Business-Scene. Each regional Business Scene site will provide a number of services to its business community:

For individuals and businesses * A single source of local networking event information * Membership card with payment and loyalty reward scheme * The ability to book events online * The opportunity to build local business profile and to send and receive referrals, including; business profiles and advertising * To contact potential customers and suppliers in your local area * Access to information designed to help improve business knowledge * Resources, such as forms, sample plans and contracts * A complimentary copy of The Biz; Business Scene's inspirational quarterly business magazine For Business Networking Groups Provide business networking groups with a high visibility local portal to: * Build local profile for their networking group * Provide a web presences for local business networking groups, including a public profile for the group and a members only area * Publish and manage event online * Manage online booking and payment facilities


About ActiveCore Technologies, Inc. (http://www.activecore.com)