Cortex Business Solutions Inc.
TSX VENTURE : CBX

Cortex Business Solutions Inc.

November 11, 2013 09:00 ET

Cortex Welcomes Grant Billing to its Board of Directors

CALGARY, CANADA--(Marketwired - Nov. 11, 2013) - The Board of Directors and Management Team of Cortex Business Solutions Inc. (TSX VENTURE:CBX) is pleased to announce the appointment of Grant Billing to its Board of Directors

Mr. Billing brings to Cortex extensive experience in both executive and board leadership gained over more than 30 years in various senior management roles including as President and CEO of; Superior Plus Corp, Norcen Energy Resources Ltd and Sceptre Resources Limited. He has served as a director of many Public Companies including as Chairman of Provident Energy, Chairman of Capitol Energy Ltd and Chairman of the Canadian Association of Petroleum Producers. Mr. Billing is currently Chairman of the Board of Superior Plus Corp and a Director of Pembina Pipeline Corporation. He is a Chartered Accountant, a member of the Institute of Corporate Directors and received his Bachelor of Science degree from the University of Calgary.

"We are very pleased that Grant is joining the Cortex Board" commented Doug Lailey, Chairman of Cortex "Cortex is in an exciting growth phase and the experience and knowledge that Grant will bring to our Board will have an important and positive impact on the company's future success"

"This is an important time for the growth of Cortex as they expand their offering to new industries and into the United States. I look forward to working with the Board and Management as Cortex continues its rapid growth profile" commented Grant Billing.

As part of Cortex's Standard Directors compensation package, 200,000 options have been granted at the closing price of Nov 8th 2013

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 or contact:

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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