Cortex Recognized Among Canada's Fastest-Growing Companies by the Profit 500
12 Juni 2014 - 10:05PM
Marketwired
Cortex Recognized Among Canada's Fastest-Growing Companies by the
Profit 500
CALGARY, ALBERTA--(Marketwired - Jun 12, 2014) - Cortex Business
Solutions Inc. (TSX-VENTURE:CBX) (OTCQX:CTPNF), an enterprise
e-Procurement solutions company, was ranked 303rd in the 2014
PROFIT 500 list of Canada's fastest-growing companies by revenue
growth over the five-year period from 2008 to 2013.
The definitive ranking looks at a five-year period to ensure
that companies on the list have proven themselves as viable, have a
stable and scalable group of customers and sustained growth for a
reasonable period of time. Over the past five years, Cortex
increased revenues by 175%.
"Over the past several years, we have focused on providing our
customers with exceptional e-Procurement solutions that improve
efficiencies and reduce costs," said Art Smith, president and CEO
of Cortex. "Our robust organic growth is the result of introducing
value-added services to our clients and increased activity across
the Cortex Trading Partner Network. We are honored to be included
in the PROFIT 500 list alongside other motivated, forward-thinking
companies throughout Canada."
"The members of the PROFIT 500 are the elite of the country's
entrepreneurial community," said James Cowan, Editor-in-Chief of
Canadian Business and PROFIT. "Their stories are lessons in
business strategy, innovation, management excellence and sheer
tenacity."
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.
Investor Relations:Liolios Group, Inc.Cody Slach or Greg
Falesnik1-949-574-3860CBX@liolios.comBrisco Capital PartnersScott
Koyich1-403-215-5979skoyich@briscocapital.com
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