Serenic Corporation

Serenic Corporation

March 07, 2008 23:59 ET

Serenic Announces Stock Option Grants to Directors and Employees

EDMONTON, ALBERTA--(Marketwire - March 7, 2008) - Serenic Corporation (TSX VENTURE:SER), ("Serenic" or the "Corporation"), a leading publisher of financial management and business operations software for not-for-profit organizations, today announced that the Corporation has authorized the grant of stock options to Directors and senior officers.

The Corporation has granted 100,000 stock options to Bruce Saville, 85,000 stock options to each of Don Caron, Ron Odynski, and Dwayne Kushniruk, 50,000 stock options to Randy Keith, CEO, 35,000 stock options to David Tam, Corporate Secretary, and 25,000 stock options to Paul Johnston, CFO. 10,000 stock options have also been granted to an employee of the Corporation. All options issued shall have a strike price of $0.40 and shall be issued pursuant to terms and conditions of the Corporation's stock option plan.

About Serenic Corporation:

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 also the exclusive developer of human resource management and payroll products for Microsoft Dynamics NAV ERP users in North America.

Serenic was named the "ISV (Industry Solutions Vendor) Partner of the Year" by Microsoft in 2007 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 Lakewood (Denver), Colorado, and staff located throughout the USA.

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