May 08, 2014 09:01 ET
Supplier Initiated Transactions Increased 43% to a Record 1.2 Million, Driven by a 33% Increase in Transacting Suppliers
CALGARY, ALBERTA--(Marketwired - May 8, 2014) - Cortex Business Solutions Inc. (TSX VENTURE:CBX)(OTCQX:CTPNF), an enterprise e-Procurement solutions company, reported network statistics for its fiscal third quarter ended April 30, 2014.
Fiscal Q3 2014 Network Statistics Summary
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About Cortex Business Solutions
Cortex Business Solutions Inc. (TSX VENTURE:CBX)(OTCQX:CTPNF) is an enterprise e-Procurement 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. For more information, please visit www.cortex.net.
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.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.
Investor Relations Contacts:Liolios Group, Inc.Cody Slach or Greg FalesnikTel 1-949-574-3860CBX@Liolios.comBrisco Capital PartnersScott KoyichTel firstname.lastname@example.org
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