Cortex Business Solutions Inc.
TSX VENTURE : CBX
OTCQX : CTPNF

Cortex Business Solutions Inc.

February 25, 2015 09:00 ET

Cortex Enters Into Formal Partnership With Britec Computer Systems Ltd., Extending Its Collaborative Solution Offering

CALGARY, ALBERTA--(Marketwired - Feb. 25, 2015) - Cortex Business Solutions Inc. (TSX VENTURE:CBX)(OTCQX:CTPNF), an enterprise e-Procurement solutions company, today announces the signing of a formal partnership agreement with Britec Computer Systems Ltd., for the purpose of extending their collaborative offering of the Sage ERP integration tool.

Sage provides small and medium sized organizations as well as mid-market companies with a range of easy-to-use, secure and efficient business management software and services. Services include accounting, human resources, payroll, payments, enterprise resource planning and customer relationship management.

"Cortex and Britec look to achieve accelerated growth through the formalization of an already valued relationship," said Joseph Loria, Director of Sales for Cortex.

By offering a joint solution through Britec's expertise with Sage and Cortex's e-Billing services, Cortex can offer Suppliers using Sage, a comprehensive turn-key solution which facilitates electronic billing to all Buying organizations.

Roger Katarey, CEO at Britec Computer Systems Ltd. commented: "By providing a value integration solution to the enterprise, we are executing on improvements in process, driving finance costs down, and strengthening compliance and internal controls."

About Cortex Business Solutions

Cortex Business Solutions Inc. is an Enterprise eProcurement solutions company that improves efficiencies, reduces costs and streamlines procurement and supply chain processes for its customers. Accessing the Cortex 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 clients' existing business environment.

About Britec Computer Systems Ltd.

Britec works with businesses implementing information solutions that are integral in achieving business goals and objectives. Britec has offices in Calgary, Edmonton, Toronto, London, Kelowna, Victoria, and Vancouver, providing support, accounting software, custom applications, IT and infrastructure. Britec's solutions have proven to be assets to our client's balance sheet.

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