Cortex Retains CHF Investor Relations

CALGARY, ALBERTA--(Marketwire) - Cortex Business Solutions Inc. (TSX VENTURE:CBX) ("Cortex" or "the Company") today announced that, subject to TSX Venture Exchange acceptance, it has retained the services of CHF Investor Relations ("CHF"), Canada's longest established investor relations firm.

Effective immediately, CHF will provide comprehensive investor relations and market-making services for an initial period of twelve months ending January 31, 2009. Thereafter, cancellation by either party requires three months' notice. CHF will be paid a monthly fee of $7,500 plus allowable disbursements. Additionally, subject to regulatory approval and the dictates of the Company's stock option plan, Cortex has granted incentive stock options to CHF as follows:

- 250,000 options at an exercise price of $0.25 per share granted immediately;

- and agrees to grant another 250,000 options premium-priced at $0.50 or similarly priced in the context of the market once additional options become available under the Stock Option Plan in the future.

Mr. Ryan Lailey, VP Business Development & Corporate Strategy, commented, "Cortex had an outstanding year of achievement, record revenue and growth. Management continues to see increased activity and acceptance of our valuable cost-saving products and services by the marketplace. The addition of CHF to our team enhances and expands our communication to the investment community and our shareholders."

CHF does not currently own any shares of Cortex.

About CHF Investor Relations

CHF's niche role is acting as a public company's outsourced, low-cost equivalent to an internal investor relations department. With Canadian offices in Toronto and Calgary, and international offices in Sao Paulo, Brazil, and Shanghai, China, CHF serves an international portfolio of TSX/Venture-listed, and companies seeking to list on the TSX, that operate in a broad range of industries, including niche financial products, mining exploration and producers, oil and gas, telecommunications, high-tech and special situations.

About Cortex Business Solutions Inc.

Cortex products enable the secure exchange of business critical documents such as purchase orders, field receipts, invoices and acknowledgments, between a large cohort of trading partners. Customers can implement the approach quickly and achieve productivity improvements, enhanced cash flow and efficiencies associated with transacting electronically, while avoiding the risk and delays associated with large information technology or business processes re-engineering initiatives. Cortex products and services are non-intrusive and allow customers the freedom to leverage and optimize their existing processes and information technology assets. The Company's shares are listed for trading on the TSX Venture Exchange under the symbol CBX. There are approximately 55 million shares issued and outstanding.