ActiveCore Provides Shareholders With Update on ePocket.

TORONTO -- ActiveCore Technologies, Inc. (OTCBB:ATVE), a Company that operates a group of subsidiaries and divisions in the US and Canada, is pleased to provide shareholders with an update regarding the acquisition of Global Sterling Payments Systems Limited (''GSPS''), the parent company of ePocket, which outlines the latest developments and future prospects of the Company.

Tower Group

In 2005, Tower Group, PLC, an investment group based in the United Kingdom agreed to provide financing to GSPS to facilitate the development and commercialization of ePocket. Tower Group is in the process of finalizing the insurance wrapper for LLP3, LLP5 and LLP6 and once this insurance is in place funds from these LLP's will begin to flow to GSPS. The Tower Group has been apprised of ActiveCore's intention to acquire GSPS and has assured ActiveCore that they are supportive of this transaction.

Peter Hamilton, Chief Executive Officer of ActiveCore, stated, "We have had the opportunity to discuss our vision and strategic direction at length with Tower Group, and have received their approval to proceed with the acquisition of GSPS. Tower Group principals have stated in no uncertain terms that they remain committed to the ePocket initiative and believe that the combination of ActiveCore and GSPS will accelerate the commercialization of the ePocket digital coin technology."

Financing

In order to complete the proposed acquisition of all the issued and outstanding shares of GSPS and facilitate the capitalization required to successfully operate on a world-class level, ActiveCore has retained the services of several investment bankers and brokers to complete the raise of an additional 30-40 Million USD.

Link Resource Partners, a Toronto based Investment group, will be spearheading this effort on behalf of ActiveCore Link Resource Partners recently raised 1 Million as part of their short term commitment. Link Resource Partners will be working closely with a number of Toronto, London and New York based brokers to complete this financing.

It is the consortiums intention to raise the first 10 million USD as a private placement within the next sixty to ninety days. The balance of the funds would be raised in a public offering to be completed by January 2007. ActiveCore currently has a team on the ground in London including the companies CFO Mr. Efrem Ainsley.

Broaden Market Exposure

Upon the completion of the GSPS acquisition, ActiveCore intends to seek a dual listing on the AIIM exchange in London. The move on to the AIIM exchange would greatly broaden ActiveCore's market exposure and help attract a broader base of investors to the Company.

Mr. Hamilton stated, "The electronic payment space has evolved more quickly in Europe and is more readily accepted as an alternative legitimate form of payment. As such, an AIIM listing would help attract new shareholders to a technology they are much more comfortable and familiar with. Historically AIIM has been a preferred and successful exchange for technology centric and more specifically payment related organizations."

This press release is available on the company's official online investor relation's site for investor commentary, feedback and questions. Investors are asked to visit ActiveCore IR Hub located at http://www.Agoracom.com/IR/ActiveCore.

About ActiveCore Technologies, Inc.

(http://www.ActiveCore.com)

ActiveCore Technologies, Inc., operates a group of subsidiaries and divisions in the U.S., and Canada that offer a Smart Enterprise Suite of products and services. We integrate, enable, and extend functions performed by current and legacy IT systems. Our products encompass web portals, enterprise middleware, mobile data access, data management and system migration applications. The Systems Integration & Modernization Division of ActiveCore operates under the trade names of CRATOS and MDI Solutions. The Corporate Disclosure and Messaging Division of ActiveCore operates under the trade names C Comm Network Corporation, DisclosurePlus and ActiveCast. ActiveCore services clients in health care, financial services, government and manufacturing worldwide.

About ePocket Inc.

(http://www.ePocket.com)

ePocket brings true electronic cash to the world for the first time, making purchases over the Internet as secure and simple as handing cash to a clerk in a store. ePocket enables banks to provide their customers with the ability to withdraw electronic cash in any currency from their regular deposit accounts, and send this electronic cash to merchants or other consumers in order to make payments. Cash created electronically is just like cash, except there are no coins, bills, or plastic cards -- it is entirely electronic. Just like cash, electronic cash does not require the identification of a payer. This provides privacy for consumers, and eliminates fraud and identity theft, making ePocket the most cost-effective payment solution for Internet commerce. ePocket payments cost merchants less than any other payment technologies. Their extraordinary cost effectiveness enables merchants to profitably accept very small payments of just one or two dollars. In contrast to other payment schemes, consumers do not have to open additional accounts with a payment intermediary. Consumers do not have to give up any identity or credit information in order to accomplish a payment. This makes ePocket payments completely secure and provides complete privacy for consumers.

Statements contained in this news release regarding ActiveCore Technologies, Inc. formerly IVP Technology and planned events are forward-looking statements, subject to uncertainties and risks, many of which are beyond ActiveCore's control, including, but not limited to, reliance on key markets, suppliers, and products, currency fluctuations, dependence on key personnel and trade restrictions, each of which may be impacted, among other things, by economic, competitive or regulatory conditions. These and other applicable risks are summarized under the caption ''Risk Factors'' in ActiveCore's Registration Statement on Form SB-2 filed with the Securities and Exchange Commission on January 4, 2005. Forward-looking statements by their nature involve substantial risks and uncertainties. As a result, actual results may differ materially depending on many factors, including those described above.