Certive Solutions Inc. (CSE:CBP) Announces Closure of C$2,100,000 Unit Private Placement and $400,000 Convertible Debenture P...

The Board of Directors of Certive Solutions Inc. (CSE:CBP) ("Certive" or the
"Company") is pleased to announce that effective February 14, 2014, the Company
has successfully closed its previously announced C$2,100,000 unit private
placement and C$400,000 convertible debenture private placement.


The Company has sold 21,000,000 units in a non-brokered private placement, each
unit consisting of one common share and one-half of one common share purchase
warrant. One whole warrant entitles the holder to purchase one additional common
share at $0.15 per share for a period of two years commencing February 14, 2014.
The Company has raised a total of C$2,100,000 from the unit private placement
which has and will be utilized to expand its claims denial management business
within the U.S. hospital market. 


In addition, the Company is pleased to announce that it has closed the
previously announced C$400,000 non-brokered private placement of convertible
debentures. Each debenture is convertible into common shares of the Company at a
price of C$0.15 per share for a term of five years, resulting in the issuance of
a further 2,666,667 common shares when fully converted. The debenture will bear
simple interest calculated at the rate of 5% per annum and may be paid in shares
at the Company's option. It is an unsecured debenture and conversion is at the
option of the holder. 


The greenshoe option associated with the Unit private placement totals 15% of
the amount raised in the private placement for an aggregate value of C$315,000
and will be held open until the close of business on February 25, 2014. 


With the closure of the Unit and Debenture financings the Company is now
positioned to become a recognizable force in providing technology enabled
revenue management solutions to U.S. hospitals. Certive's business provides
revenue recovery solutions to hospitals in the collection of claims that have
been denied by insurance providers. 


Certive's cloud-based solutions utilize workflow technologies, on-site
supervisory assistance, and clinical support from our strategic partners that
increase both the speed and amount of revenue recovery for hospitals.
Integrating patient clinical data and patient accounting records through our
technologies is a key differentiator to successful recovery. 


Van Potter, CEO of the Company, stated "Certive's strategic growth will be
achieved by remaining focussed on specific revenue cycle management
opportunities such as denied claims and by leveraging our technology, solutions,
and association with strategic partners that provide credentialed access to
decision makers within U.S. hospitals."


ON BEHALF OF THE BOARD OF DIRECTORS OF CERTIVE SOLUTIONS INC.

Van Potter, President, CEO, Director

About Certive Solutions Inc.

Certive Solutions Inc. (Scottsdale, Arizona) provides cloud revenue cycle
management solutions to U.S. hospitals, delivered collaboratively, utilizing
proprietary workflow document management and analytics technologies tailored to
healthcare business processes. Certive is currently focused on the denied claim
segment of revenue cycle management. 


The forward-looking information contained in this press release is made as of
the date of this press release and except as required by applicable law, the
company does not undertake any obligation to update publicly or to revise any of
the included forward-looking information, whether as a result of new
information, future events or otherwise. By its very nature, such
forward-looking information requires the company to make assumptions that may
not materialize or that may not be accurate. This forward-looking information is
subject to known and unknown risks and uncertainties and other factors, which
may cause actual results, levels of activity and achievements to differ
materially from those expressed or implied by such information. Neither the
Canadian National Stock Exchange nor its regulation services provider (as that
term is defined in the policies of the Canadian National Stock Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Brian Cameron
Chief Financial Officer
Certive Solutions Inc.
602-865-9356
[e-mail]