Exhibit 99.1

News release via Canada NewsWire, Toronto 416-863-9350

	    Attention Business/Financial Editors:
	    Northcore reports third quarter 2008 results

	    (TSX: NTI; OTCBB: NTLNF)

	    TORONTO, Nov. 14 /CNW/ - Northcore Technologies Inc. (TSX: NTI;
OTCBB: NTLNF), a global provider of asset lifecycle solutions, announced today
its interim financial results for the third quarter ended September 30, 2008.
All figures are reported in Canadian dollars.
	    Northcore reported third quarter revenues of $200,000, a decrease of
three percent from the $207,000 the company generated in the second quarter of
2008, and a decrease of 20 percent from the $250,000 that company reported in
the third quarter of 2007.
	    Northcore derives its revenues through fees from application hosting
activities provided to customers, the sale of software licenses, and the
delivery of application development, software customization and other
technology services.
	    Northcore reported a net loss for the third quarter of $536,000 or $0.01
per share, basic and diluted. This compares to a net loss of $575,000 or $0.01
per share, basic and diluted, in the second quarter of 2008. In the third
quarter of 2007, Northcore reported a net loss of $636,000 or $0.01 per share,
basic and diluted.
	    Northcore also reported an EBITDA loss in the third quarter of 2008 of
$322,000. This compares to an EBITDA loss of $387,000 in the second quarter of
2008 and an EBITDA loss of $416,000 in the third quarter of 2007.
	    "We are making steady progress - slow but steady," said Duncan Copeland,
CEO of Northcore Technologies. "We are expanding our work with existing
customers and adding new ones. But as these projects are not yet in
production, they haven't had a chance to make material contributions to our
revenues. That said, I take some comfort that this quarter's EBITDA loss is
the smallest it's been in the past five years."
	    EBITDA loss is defined as losses before interest, taxes, depreciation and
employee stock options. Northcore considers EBITDA to be a meaningful
performance measure as it provides an approximation of operating cash flows.
	    As at September 30, 2008, Northcore held cash and cash equivalents of
$230,000, and accounts receivable of approximately $219,000.

	    Operating Highlights

	    We realized a number of operating achievements in the period, notably:

	    <<
	    -   Entered the beta testing phase of a customized remarketing workflow
	        system with direct GE Asset Seller connectivity for a Fortune 100
	        customer;
	    -   After recently opening access to the GEasset.com disposition portal
	        to selected third party clients, we have successfully employed the
	        platform to the benefit of key customers;
	    -   Completed the delivery of enhancements to the toroused.com
	        remarketing website; and
	    -   Northcore completed a private placement securing gross proceeds of
	        $678,000 through the issuance of convertible debentures.
	    >>

	    Outlook

	    "Because we are currently working with some of GE's largest customers, we
see no indications that a recession will affect our progress," said
Mr. Copeland. "These companies are smart enough and wealthy enough to invest a
relatively small amount of money to reap much larger savings down the road. I
can honestly say that our team has never been more confident."
	    Northcore will hold a conference call at 10:00 a.m. (Eastern time) on
Monday, November 17, 2008 to discuss its financial results and review
operational activities. Followers of Northcore are invited to listen to the
call live over the Internet on the company's website at
northcore.com/events.html.

	    <<
	    About Northcore Technologies Inc.
	    ---------------------------------
	    >>
	    Northcore provides core asset solutions that help organizations source,
manage and sell their capital equipment. Northcore works with a growing number
of customers and partners in a variety of sectors including oil and gas,
government, and financial services. Current customers include GE Commercial
Finance, Paramount Resources and Trilogy Energy Trust.
	    Northcore owns a 50 percent interest in GE Asset Manager, LLC, a joint
business venture with GE.

	    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.


	    <<
	                        (financial results to follow)



	                         Northcore Technologies Inc.
	                         Consolidated Balance Sheet
	                (expressed in thousands of Canadian dollars)
	                         (Canadian GAAP, Unaudited)
	    -------------------------------------------------------------------------

	                                 --------------------------------------------
	                                  September 30,  September 30,   December 31,
	                                      2008           2008           2007
	                                 --------------------------------------------
	                                   (Unaudited)    (Unaudited)     (Audited)
	                                                   (in US$)

	                                                  translated
	                                                  into US$ at
	                                                  Cdn$ 1.0597
	                                                      for
	                                                  convenience

	    Cash                            $      230     $      217     $      478
	    Other current assets                   250            236            157
	    Other assets                            27             26             52
	                                   ------------------------------------------
	      Total assets                  $      507     $      479     $      687
	                                   ------------------------------------------
	                                   ------------------------------------------

	    Accounts payable and accrued
	     liabilities                    $      762     $      719     $      577
	    Deferred revenue                        83             78             52
	    Current portion of long term
	     debts                               1,393          1,315            378
	    Non-current portion of
	     long term debts                       586            553          1,280
	    Total shareholders' deficiency      (2,317)        (2,186)        (1,600)
	                                   ------------------------------------------
	      Total liabilities and
	       shareholders' deficiency     $      507     $      479     $      687
	                                   ------------------------------------------
	                                   ------------------------------------------

	                         Northcore Technologies Inc.
	       Consolidated Statements of Operations and Comprehensive Income
	        (expressed in thousands of dollars, except per share amounts)
	                         (Canadian GAAP, Unaudited)
	    -------------------------------------------------------------------------

	                        -------------------------- --------------------------
	                             Three Months Ended          Nine Months Ended
	                        -------------------------- --------------------------
	                                September 30,              September 30,
	                        -------------------------- --------------------------
	                           2008     2008     2007     2008     2008     2007
	                           ($C)     ($US)    ($C)     ($C)     ($US)     ($C)
	                        -------------------------- --------------------------

	                                 translated                 translated
	                                 into US$ at                into US$ at
	                                 Cdn$ 1.0597                Cdn$ 1.0597
	                                     for                        for
	                                 convenience                convenience

	    Revenue             $   200  $   189  $   250  $   564  $   532  $   857
	                        -------------------------- --------------------------

	    Operating expenses
	      General and
	       administrative       339      320      395    1,180    1,113    1,290
	      Customer service
	       and technology       165      156      205      518      489      555
	      Sales and
	       marketing             18       17       66      101       95      215
	      Employee stock
	       options                9        8       66       28       26       79
	      Depreciation            8        8       10       26       25       29
	                        -------------------------- --------------------------
	        Total operating
	         expenses           539      509      742    1,853    1,748    2,168
	                        -------------------------- --------------------------

	    Loss from operations   (339)    (320)    (492)  (1,289)  (1,216)  (1,311)
	                        -------------------------- --------------------------

	    Interest expense
	      Cash interest
	       expense               93       88       72      241      227      203
	      Accretion of secured
	       subordinated notes   104       98       72      273      258      263
	    Interest income           -        -        -        -        -       (1)
	                        -------------------------- --------------------------
	                            197      186      144      514      485      465
	                        -------------------------- --------------------------

	                        -------------------------- --------------------------
	    Net loss and
	     comprehensive loss
	     for the period     $  (536) $  (506) $  (636) $(1,803) $(1,701) $(1,776)
	                        -------------------------- --------------------------
	                        -------------------------- --------------------------
	    Loss per share,
	     basic and diluted  $ (0.01) $ (0.01) $ (0.01) $ (0.02) $ (0.02) $ (0.02)
	                        -------------------------- --------------------------
	                        -------------------------- --------------------------
	    Weighted average
	     number of shares
	     outstanding,
	     basic and diluted
	     (000's)            108,881  108,881   95,640  108,678  108,678   88,000
	                        -------------------------- --------------------------
	                        -------------------------- --------------------------
	    >>

	    %SEDAR: 00019461E          %CIK: 0001079171

	    /For further information: Northcore Technologies Inc., Investor
Relations, Tel: (416) 640-0400 ext. 273, E-mail:
InvestorRelations(at)northcore.com/
	    (NTI. NTLNF)

CO:  Northcore Technologies Inc.

CNW 20:24e 14-NOV-08