Serenic Corporation
TSX VENTURE : SER

Serenic Corporation

April 05, 2011 20:10 ET

Serenic Grants Stock Options to Officer

EDMONTON, ALBERTA--(Marketwire - April 5, 2011) - Serenic Corporation (the "Corporation" or "Serenic") (TSX VENTURE:SER), an international software developer specializing in integrated financial management and HCM solutions for not-for-profit organizations, government agencies, and Microsoft Dynamics NAV users announces the grant of stock options to an officer of the Company.

Serenic has granted one-hundred thousand (100,000) options to Paul Johnston, Chief Financial Officer of Serenic. The options have an exercise price of $0.28, will vest as to one-third on each of the anniversary dates during the next three years of the grant, and will expire on February 16, 2016 if not exercised. The stock options were issued in replacement of a prior grant of 100,000 options with an exercise price of $0.30 which expired unexercised on February 15, 2011. The stock options issued are in accordance with policies of the Corporation's stock option plan and the TSX Venture Exchange.

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. Serenic has offices in Edmonton, Alberta and Denver, Colorado and staff located throughout the USA and Europe.

ON BEHALF OF THE BOARD OF DIRECTORS  

By: Dwayne Kushniruk, Chairman

SERENIC CORPORATION

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.

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

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