CALGARY, ALBERTA — (Marketwired) — 11/14/13 — Cortex Business Solutions Inc. (TSX VENTURE: CBX) reports the following network statistic updates for the first quarter of F2014.
As indicated in our last Network Statistics update, Cortex now reports on quarterly activity as opposed to monthly, to provide a more consistent view of trends within the business. Going forward, the following quarterly information will be presented in this document:
Summary
Network Statistics
(i)Going forward Cortex will be focusing on -Total Active Suppliers- in the quarter as a more accurate reflection of activity across the Cortex Trading Partner Network.
About Cortex Business Solutions
Cortex Business Solutions Inc. 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 our website at .
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.
Contacts:
Brisco Capital Partners
Scott Koyich
(403) 262-9888
Liolios Group Inc.
Scott Liolios or Cody Slach
(949) 574-3860
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