Serenic Corporation
TSX VENTURE : SER

Serenic Corporation

March 18, 2008 23:59 ET

Joyce Meyer Ministries Selects Serenic Navigator as Multi-National Financial Management Solution

EDMONTON, ALBERTA--(Marketwire - March 18, 2008) - Serenic Corporation (TSX VENTURE:SER), ("Serenic" or the "Corporation"), a leading publisher of financial management and business operations software for nonprofits, international NGOs, and the public sector, announced today that Joyce Meyer Ministries, headquartered in Fenton, MO, has selected Serenic's Navigator and DonorVision systems as the organization's integrated global financial and donor management solution.

"We are implementing Serenic Navigator to support our standard of transparency and integrity in reporting our finances to our partners and friends of the ministry," said Delanie Trusty, CPA, CFO, for Joyce Meyer Ministries. "It is critical that we have access to timely, accurate financial data in order to make informed decisions, no matter what business entity we are focusing on. We are a global ministry and need instant snapshots of our financial data at any given time. Serenic Navigator's flexibility and easy data access will help us streamline financial operations throughout the organization."

Founded in 1985, Joyce Meyer Ministries' radio and TV broadcasts are aired on hundreds of stations around the globe and in 25 languages. The ministry's global outreach involves worldwide conferences and mission outreaches.

"Joyce Meyer's books, audio and video teachings are available in 63 different languages," said Roby Walker, COO for Joyce Meyer Ministries, "so an integrated order management system was key to the ministry's purchase decision - and since Navigator is built upon Microsoft Dynamics NAV, Serenic was able to meet this requirement."

The organization's relief missions include supplying more than five million meals to the hungry worldwide, supporting and operating more than 40 orphanages, nurturing AIDS orphans in third-world countries, providing shelter for the homeless, and providing villages with clean drinking water. The organization also builds churches and hospitals in third-world countries. Additional information about Joyce Meyer Ministries can be found at www.joycemeyer.org.

"Joyce Meyer Ministries purchased Serenic Navigator to support their commitment to good stewardship over donated funds and to help ensure transparency and accountability," said Serenic President and CEO Randy Keith. "They needed a system that will give them the ability to integrate donation activity with a proven financial management solution developed specifically to meet the needs of nonprofits."

Navigator, certified for Microsoft Dynamics NAV, is Serenic's flagship financial management product for nonprofits, international NGOs and the public sector. It combines a full suite of integrated industry-specific business operations applications together with sophisticated Microsoft technology.

"Joyce Meyer Ministries selected Serenic Navigator after reviewing several other systems," said Robert Sanabria, the ministry's CIO. "The high degree of integration offered by Navigator will enable us to replace several older systems and help us focus more resources on our mission. We will have more than 150 people using DonorVision to manage our donations and multi-media sales programs."

Tectura, a key Serenic business partner, negotiated the purchase with Joyce Meyer Ministries and will be implementing the system over a 9-month period. "They needed a sophisticated system capable of operating on an international level," said Kathy Nohr, Tectura's Global Solutions Manager, noting that Navigator's multi-language and multi-currency capabilities will be critical to integrating the organization's more than 13 international offices.

About Serenic Corporation

Serenic Corporation is an industry-leading publisher of mission-critical software products that satisfy the unique and sophisticated functionality requirements of nonprofit organizations, educational institutions, and government agencies.

Built on Microsoft Dynamics NAV, Serenic's products deliver fully integrated solutions that can, in many organizations, eliminate the need for multiple third-party business applications.

A Microsoft Gold-certified Industry Solutions Vendor, the Corporation's products include the highly acclaimed Serenic Navigator, Serenic DonorVision, Serenic CommunityCare and Serenic MinistryView. In addition, the Corporation is the exclusive developer of the human resources and payroll products for Microsoft Dynamics NAV users in North America.

Serenic was recently named the Microsoft Dynamics 2007 Outstanding ISV of the Year and earned membership in the Microsoft Dynamics Inner Circle and the Microsoft Dynamics President's Club, both prestigious achievements that acknowledge Serenic as a top performer within the Microsoft partner community.

Serenic Corporation is a public company with offices in Edmonton, Alberta and Lakewood, Colorado. It trades under the symbol "SER" on the TSX Venture Exchange in Canada. Additional information about the Company is available at www.serenic.com.

Company and product names mentioned herein may be trademarks and/or registered trademarks of their respective owners.

ON BEHALF OF THE BOARD OF DIRECTORS

By Randy Keith

President and CEO, Serenic Corporation

(303) 980-6007

Contact Information