Cortex Announces Results of Annual General and Special Meeting

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CALGARY, Alberta, Dec. 06, 2018 (GLOBE NEWSWIRE) -- Cortex Business Solutions Inc. (“Cortex”) (TSXV: CBX), a North American network-as-a-service complete document management & e-invoicing solutions provider, is pleased to announce that at the Annual General and Special Meeting held in Calgary, Alberta on December 5, 2018 (the “Meeting”), holders (“Shareholders”) of common shares (“Common Shares”) of Cortex: (i) re-elected Grant Billing (Chairman of the Board), Randy Henderson, Andrew Gutman, Mark Ripplinger, Alice Reimer and Joel Leetzow to the Board of Directors; (ii) re-appointed PricewaterhouseCoopers LLP, as Cortex's auditors; (iii) approved the 2019 Stock Option Plan; and (iv) approved the 2019 Deferred Share Unit Plan (“DSUs”) for the Board of Directors as part of their annual compensation.

Cortex is a service-centric, digital transformation solutions provider focused on revolutionizing B2B document exchange. We help businesses save time and money by replacing traditional paper-based manual systems with AP and AR invoice automation. Companies on the Cortex Network are positioned for success with solutions that offer the scalability and flexibility needed to evolve with their unique business needs. Cortex specializes in the development and delivery of integrated electronic document intake and management solutions using flexible connection methods that leverage existing technologies and processes.

Cortex is currently enabling digital transformations in over 11,000 companies in the Oil & Gas, Mining, Manufacturing and Sports & Entertainment industries.

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Globe Newswire: 17:40 GMT Thursday 6th December 2018

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