CALGARY, ALBERTA -- (Marketwired) -- 02/09/16

Cortex Business Solutions Inc. (TSX VENTURE:CBX)(OTC PINK:CTPNF) (the "Company") announces the conclusion of its Annual General and Special (AGM) meeting for the year ended July 31, 2015, held on January 27, 2016. At the meeting, new Company President and CEO, Joel Leetzow, took attendees through a review of the state of the business while offering insights into the Company's go-forward plan.

At the Annual and Special General Meeting, the following resolutions were passed with 42.59% of shareholders represented by proxy or in person:

--  Approval of the total number of Directors at five (5) for the upcoming
    fiscal year 
--  Approval and Ratification of the 2016 Stock Option Plan of the
    Corporation 
--  Approval of the appointment of PricewaterhouseCoopers LLP as auditors
    for the upcoming fiscal year 
--  Re-election of the Board of Directors: 
    --  Randy Henderson - Chairman of the Board 
    --  Grant Billing 
    --  Scott Lamacraft 
    --  Mark Ripplinger 
    --  Joel Leetzow 

"This meeting marks my second AGM in 8 months as the CEO of Cortex, and the growth in attendees between the two AGM's has been remarkable. It is a testament to the work the team at Cortex has been doing," commented Joel Leetzow, President and CEO of Cortex. "I was impressed by the interest shown by the shareholders whom attended and how astute their comments and observations were. The results we shared show the continuation of the work that we initiated during fiscal 2015, and the ongoing support by the shareholders of our plan tells me that we are on the right path."

About Cortex Business Solutions

Cortex Business Solutions Inc. (TSX VENTURE:CBX)(OTC PINK:CTPNF) is an enterprise business-to-business network that enables electronic invoicing for buying and suppling organizations, to reduce the time required to process invoices through the use of flexible connections methods 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.

Contacts:
Investor Relations
Contacts:

Joel Leetzow
President and CEO
jleetzow@cortex.net
403-219-2838

Sandra Weiler
CFO
sweiler@cortex.net
403-219-2838

Andrew Stewart
Director, Marketing & Investor Relations
astewart@cortex.net
403-219-2838