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Tuesday, 09/24/2013 11:40:17 AM

Tuesday, September 24, 2013 11:40:17 AM

Post# of 4205
$ICOR chart running, deal worth millions

ICOR Price Moving Up on Insurance Deal Worth $96 Million

(NEW YORK)--InterCore Energy, Inc. (OTC:ICOR), a public company focused on the commercialization and deployment of their driver alert system, announced that a commercial insurance brokerage in Canada had conducted a small scale demonstration of their ADS(TM) System , and has now begun executing their insurance contract with potential of $96 million per year.

$100 Million Revenue Potential

In anticipation of the impending availability of their smartphone app, a major insurance company that has been working with SRG for more than five years is planning a demonstration program in Canada starting by January 2014 that could involve up to 80,000 vehicles for which it provides coverage.

Based on $100 a month, per vehicle, this one roll-out from this Canadian insurance company could mean nearly $100 million in revenue for ICOR.

(80,000 trucks x $100 = $8 million per month x 12 months = $96 million annually)

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