Serenic Corporation

Serenic Corporation

April 21, 2010 17:05 ET

Doug Thomson, FCA, ICD.D Joins Serenic Corporation Board

EDMONTON, ALBERTA--(Marketwire - April 21, 2010) - Serenic Corporation (the "Company" or "Serenic") (TSX VENTURE:SER) is pleased to announce that Mr. Doug Thomson has joined the Board of Directors of the Corporation.

Mr. Thomson is a certified director of the Institute of Corporate Directors and a fellow of the Institute of Chartered Accountants. He is the immediate past president of the Institute of Chartered Accountants of Alberta and is currently the Vice-President and Chief Financial Officer of K-Bro Linen Income Fund (TSX:KBL.UN). Doug has considerable business experience, having held senior financial positions with varied entrepreneurial organizations over his career. Mr. Thomson is also a current Board member of the Mutual Fund Dealers Association of Canada and CA Insurance Plans West.

Dwayne Kushniruk, Chairman, remarked, "Doug brings significant business knowledge that will be of great benefit to Serenic, including M&A, public company and governance experience. We are very pleased to have him join our Board and look forward to his contributions as we take our company forward."

In accordance with the Company's compensation policy for Directors, Mr. Thomson will be granted 100,000 options which shall have a strike price of $0.30, and shall be issued subject to terms and conditions of the Company's stock option plan and shareholders' and regulatory approvals as may be required.


Serenic Corporation publishes mission-critical software products for not-for-profits (NFP), educational institutions and governments. The Company's products are based on leading application and technology platforms from Microsoft, including Dynamics NAV, SQL Server, and .NET, and are distributed in North America and internationally through value-added resellers and a direct sales organization. Serenic Corporation is the exclusive developer of human resource management and payroll products for Microsoft Dynamics NAV ERP users in North America. In October, 2009, Serenic was ranked 29th in the Deloitte Technology Canada Fast 50 and 256th in the Deloitte North America Fast 500, the second year in a row it had its name placed on these prestigious lists. Serenic was named the "ISV (Industry Solutions Vendor) Partner of the Year" by Microsoft for North America in 2009 and is a member of Microsoft's President Club and Inner Circle, the latter being an elite group of sixty-seven members representing the top 1% of Microsoft partners world-wide. Serenic has offices in Edmonton, Alberta and Denver, Colorado and staff located in Canada, Europe, and throughout the USA.


Dwayne Kushniruk, Chairman 

Forward Looking Statements
Certain statements contained in this press release, including statements which may contain words such as "could", "should", "expect", "anticipate", "believe", "will", and similar expressions and statements relating to matters that are not historical facts, are forward looking statements. Such forward looking statements involve known and unknown risks and uncertainties which may cause the actual results, performances or achievements of Serenic Corporation to be materially different from any future results, performances or achievements expressed or implied by such forward looking statements. Such factors include, but are not limited to, software industry risks, general business risks, foreign currency risks, economic dependence risks, and credit risks.

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