CALGARY, ALBERTA — (Marketwired) — 11/13/14 — Cortex Business Solutions Inc. (TSX VENTURE: CBX)(OTCQX: CTPNF), an enterprise e-Procurement solutions company, reported network statistics for its fiscal first quarter ended October 31, 2014.
Fiscal Q1 2015 Network Statistics Summary
To view the Network Statistics graph, please visit the following link: .
In the fourth quarter of 2014, the company began reporting Billable Transactions in place of Supplier Initiated Transactions. Billable Transactions more accurately track average transaction charges and are therefore a better indicator of performance.
Please see the following tables for a more detailed look at current and historical network statistics.
Quarter Over Quarter
Year Over Year
For comparative purposes, quarterly network statistics using Billable Transactions for the past year were as follows:
About Cortex Business Solutions
Cortex Business Solutions Inc. (TSX VENUTRE: 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 .
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.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.
Contacts:
Investor Relations Contacts:
Liolios Group, Inc.
Cody Slach
Tel 1-949-574-3860
Brisco Capital Partners
Scott Koyich
Tel 1-403-215-5979
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