Cortex Business Solutions Inc. (TSX VENTURE:CBX)(OTCQX:CTPNF), an enterprise
e-Procurement solutions company, has partnered with CENDEC, an enterprise-wide
solutions company that employs financial accounting principles and best business
practices, to extend their service offerings to all current and prospective
Cortex customers. 


CENDEC has been supporting the energy industry for over 25 years, which creates
an opportunity for Cortex to rapidly connect additional trading partners and
expand the value of the Cortex Trading Partner Network. As an expert in the
delivery of authority for expenditure (AFE) management through to asset
management via their CORE Enterprise Application, CENDEC aligns with Cortex's
service of electronically connecting trading partners. 


As a result of this partnership, CENDEC and Cortex will be able to provide
greater visibility into process requisitions, AFE's, purchase orders, invoices
and inventory management to finance, supply chain and operational users of both
systems. CENDEC and Cortex are dedicated to optimizing procurement and payment
processes, which have traditionally been expensive and time consuming for
companies to manage. This partnered offering will allow customers to reduce
unnecessary costs, streamline their procure-to-pay processes and improve
business controls. 


"Partnering with Cortex aligns very well within our strategy to provide true
business value applications and real-time tracking of project costs for our
clients," said Kevin Hintz, Partner at CENDEC Systems. "The quick, seamless
integration of our solutions secures and improves the exchange of critical
business documents, while the Cortex Trading Partner Network reduces cost and
cycle times in the procure-to-pay process. Combined, this improved communication
and exchange of information enhances our clients' ability to manage their
on-going operational costs while improving the relationship with their
suppliers." 


Ryan Lailey, Senior Vice President of U.S. Operations and Business Development
of Cortex, commented: "This partnership is an important step forward in our
company's strategy and allows us to enhance the Cortex offering by capitalizing
on the benefits of the CENDEC CORE system, which has been widely recognized as
an industry leader. CENDEC's CORE system directly aligns with Cortex's service
offering. In fact, their current customer base within the energy industry
includes many producers that will now be able to access the Cortex Trading
Partner Network through this partnership." 


About CENDEC

Formed in 1997, CENDEC is widely recognized for its accounting and business
process expertise, whose systems have an excellent reputation as an enterprise
wide solution employing sound financial accounting principles and incorporating
best business practices. This, coupled with the flexibility to adapt to customer
processes and the flexibility to change as business evolves, results in an easy
to use solution crucial to providing finance with a direct line of sight to
operations. For more information, please visit www.cendec.com. 


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. 


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Investor Relations:
Liolios Group, Inc.
Cody Slach or Greg Falesnik
1-949-574-3860
CBX@Liolios.com


Brisco Capital Partners
Scott Koyich
1-403-215-5979
skoyich@briscocapital.com

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