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Cortex Appoints Henry Pham, CPA, CA Interim Chief Financial Officer

CALGARY, Alberta, Sept. 05, 2017 (GLOBE NEWSWIRE) -- Cortex Business Solutions Inc. (TSX-V:CBX), a North American network-as-a-service e-invoicing solutions provider, announced today that effective immediately Henry Pham, CPA, CA, has been appointed as Interim Chief Financial Officer. Sandra Fawcett will step down as Chief Financial Officer to pursue other opportunities.

Since joining Cortex in 2014, Mr. Pham has led the finance team in supporting the Company’s overall corporate strategy. Prior to joining Cortex, Mr. Pham spent seven years working as a manager in a wide range of audit management and tax compliance services roles at PricewaterhouseCoopers. Mr. Pham holds a BA in Economics from the University of Calgary and is a licensed Chartered Accountant in Alberta.

Joel Leetzow, President and Chief Executive Officer, said, “We are very pleased to announce the appointment of Mr. Pham as Interim CFO. During his time with Cortex, he has been an integral part of our Corporate Finance and Executive teams. I am confident that he will continue, in this expanded role, to be a key contributor to the forward momentum and success of the Company.”

About Cortex Business Solutions

Cortex Business Solutions Inc. (TSX-V:CBX) is a business-to-business network that enables electronic invoicing for buying and supplying organizations. The Cortex network offers flexible connection methods to reduce the time required to process invoices and tools that leverage existing customer technologies and processes. Access to the Cortex Network enhances the exchange of documents allowing companies to connect and interact with each other to grow their businesses.

For more information, please visit www.cortex.net.

TSX Venture Exchange

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Investor Relations Contacts: Joel Leetzow President and CEO jleetzow@cortex.net 403-219-2838 Andrew Stewart Director, Marketing & Investor Relations astewart@cortex.net 403-219-2838

Source:Cortex Business Solutions Inc.