EX-99.1 2 ex991.htm NEWS RELEASE DATED MARCH 23, 2009 ex991.htm
Exhibit 99.1
News release via Canada NewsWire, Toronto 416-863-9350

            Attention Business Editors:
            Northcore joins Motorola PartnerSelect Program

            (TSX: NTI; OTCBB: NTLNF)

            TORONTO, March 23 /CNW/ - Northcore Technologies Inc. (TSX: NTI;
OTCBB:NTLNF), a global provider of asset management solutions, announced that
it has entered into a relationship with Motorola under the Enterprise Mobility
PartnerSelect Program.
            Northcores' entrance into the PartnerSelect program is a result of
on-going development of mobile software applications through its Joint Venture
(GE Asset Manager LLC), with GE Capital Solutions. The first result of this
new relationship with Motorola is a series of mobile asset management
components that will be deployed on the rugged Motorola MC75 Enterprise
Digital Assistant (EDA).
            "Our clients have expressed a need for a comprehensive mobile platform to
extend their reach into a geographically distributed asset pool. Our
relationship with Motorola and its state of the art mobile computing
solutions, such as the MC75, enables this capability and provides exciting new
opportunities for both firms." said Duncan Copeland CEO of Northcore
Technologies.

            <<
            About Northcore Technologies Inc.
            ---------------------------------
            >>

            Northcore Technologies provides software solutions and services that help
organizations source, manage and sell their capital equipment and assets.
Northcore works with a growing number of customers and partners in a variety
of sectors including financial services, manufacturing, oil and gas and
government. Some of our current customers include GE Commercial Finance,
Paramount Resources, The Brick and Trilogy Energy Trust among others.
            Northcore owns a 50 percent interest in GE Asset Manager, 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.

            %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 10:19e 23-MAR-09