Cortex Business Solutions Inc.
TSX VENTURE : CBX

Cortex Business Solutions Inc.

November 27, 2013 09:01 ET

Cortex Announces Change of Auditors

CALGARY, ALBERTA--(Marketwired - Nov. 27, 2013) - The Board of Directors and Management Team of Cortex Business Solutions Inc. (TSX VENTURE:CBX) announced the resignation of Collins Barrow Calgary LLP (the "former Auditor") of the Company and the appointment of PricewaterhouseCoopers LLP (the "Successor Auditor") of Calgary, Alberta as auditor for the Company effective November 22nd, 2013 until the close of the next Annual General Meeting of the Company.

There were no reservations in the Former Auditor's reports in connection with the financial statements of the Company for the two most recently completed fiscal years; and any period subsequent to the most recently completed period for which an audit report was issued and preceding the effective date of expiry of the Former Auditor's term of office.

The Company confirms that there have been no reportable events as defined in the National Instrument 51-102 and, in its opinion, there are no reportable events pending.

The Company and the Board of Directors would like to extend their thanks to Collins Barrow Calgary LLP, for their auditing services to date.

About Cortex Business Solutions Inc.

Cortex Business Solutions Inc. is an industry-leading service company that improves efficiencies, reduces costs and streamlines procurement and supply chain processes for its customers. Accessing the Cortex Trading Partner Network enhances the exchange of business critical documents, such as purchase orders, receipts and invoices resulting in improved cash flow management and business controls, while reducing day's outstanding and administrative costs. Cortex is a low cost, low risk solution that can be implemented quickly by leveraging its customers' existing business environment. For more information please visit our website at www.cortex.net.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

Forward-Looking Statements

Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Company's periodic filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward-looking statement.

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