Serenic Corporation
TSX VENTURE : SER

Serenic Corporation

March 24, 2011 10:00 ET

Human Rights Watch Chooses Serenic Navigator Software

EDMONTON, ALBERTA--(Marketwire - March 24, 2011) - Serenic Corporation (TSX VENTURE:SER), ("Serenic" or the "Corporation"), a leading publisher of financial management and business operations software for nonprofits, international non-governmental organizations (NGOs) and the public sector, announced today that Serenic Navigator nonprofit accounting software has been chosen by Human Rights Watch.

Human Rights Watch is one of the world's leading independent organizations dedicated to defending and protecting human rights around the globe. Human Rights Watch conducts investigations and presses for an end to human rights abuses in more than 90 countries, among them some of the most dangerous and oppressed places on Earth.

To accommodate its continuing international expansion and its future growth plans, Human Rights Watch needed a financial software solution that could handle multiple currencies in its cloud computing environment. It wanted to provide access to financial records across the globe and eliminate the manual double data entry and currency conversions previously required of its employees in the field and at its New York headquarters. After reviewing several products, Human Rights Watch chose Serenic Navigator with Serenic Portals, which will be tailored for the organization's unique expense and time entry processes.

"Navigator will help us maintain a global picture of our human rights investments around the world, while keeping an up-to-date snapshot of local requirements in the many different countries where we work," said Human Rights Watch Deputy Director of Finance Jay SchwartzCoffey. "Serenic really understands the needs of NGOs like us to help our employees around the globe operate more independently with more timely access to streamlined financial information."

Serenic is installing Navigator for Human Rights Watch's 15 concurrent users and 300 Portal users. Using Portals for expense approvals will expedite purchase approvals and can integrate with Microsoft Outlook for internal communication.

"Human Rights Watch is a great example of how an NGO can leverage Serenic Navigator to help employees better manage financials across geographies and currencies," said Serenic CEO and President Randy Keith. "Serenic offers secure access to information and the ability to easily enter data through the web, so that remote employees don't have to worry about downloading updated software or sifting through multiple spreadsheet reports."

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. Serenic delivers highly scalable software solutions which serve the needs of an international clientele, regardless of their size. Our multi-language and multi-currency capabilities allow us to meet the unique requirements for accounting and operational systems that must be implemented in multiple locations throughout the world.

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 AwardVision, 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 earned membership in the 2010 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, Colo. 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

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.

Contact Information

  • Serenic Corporation
    Randy Keith
    President and CEO
    (303) 980-6007
    or
    Serenic Corporation - Editorial Contact
    Linda Nicholson
    Vice President of Marketing
    (877) 737-3642, Ext. 105
    lnicholson@serenic.com
    www.serenic.com