SCOTTSDALE, ARIZONA--(Marketwired - May 16, 2014) - Certive Solutions Inc. (the "Company or Certive") (CSE:CBP) is pleased to announce that Titan Health Management Solutions Inc. (Titan Health) has won a significant contract to recover over USD$2,100,000 in capital cost expenditures made by a regional US hospital for costs incurred to build a new hospital facility. The recovery will net approximately USD$500,000 to Titan based upon the contractual relationship with the customer. The claims will be made against 15 commercial insurance providers, in strict compliance with legislation that requires these capital cost recoveries to be paid. New hospitals are eligible to make claims similar to the currently contracted recovery, based upon bed utilization over a pre-determined period of time. Capital cost recovery provides for a one-time recovery of a portion of capital costs invested into new hospitals for a period of up to three years after completion of the investment.

Titan has a total of 6 similar capital cost recovery opportunities that await contractual approval. Once approved, the only significant impediment to the recovery, is processing time insofar as the recoveries are legislated and required to be made. Of further significance, is the fact that the application for recovery is straightforward and requires a minimal amount of staffing activity. Therefore it represents a highly accretive business unit that will serve to drive bottom line performance of the consolidated enterprise.

Titan presently generates approximately USD$2,000,000 in annual gross revenues and is on track to achieve an annualized revenue run rate of approximately USD$6,000,000 by December 31, 2014.

Certive and Titan estimate that approximately 50 new hospitals in the U.S. qualify for a capital cost recovery with each opportunity representing between USD$450K and USD$1M as the Company's proportionate share in the recovery.

As previously announced, Certive proposes to complete the acquisition of the Titan assets on or before June 30, 2014.

Van Potter, CEO of Certive, commented that "Securing this contract corroborates this unique and little known opportunity in revenue life cycle management and further evidences the unique focus of Titan Health in this exciting market. Finding uncharted revenue recovery opportunities where our cloud workflow tools can add immense value and ultimately greater and more efficient recovery will be a key factor in our growth and success."

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

Van Potter, President, CEO, Director