Serenic Welcomes Global Reseller Partners

EDMONTON, ALBERTA--(Marketwire - May 23, 2012) - 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 international growth of its Serenic Navigator partner network to Western and Southern Africa, the Middle East and the U.K.

Four international resellers have become Serenic Navigator partners, while existing partner Techno Brain expanded to Southern Africa where it recently opened a Johannesburg office. New partners include Advantage Business Systems (ABS) in London, First View Consult in Ghana, Megatek in Lebanon and Signal Alliance in Nigeria.

"Serenic's reseller partners bring regional expertise that helps deliver our award-winning nonprofit accounting software, Serenic Navigator, with a full suite of integrated financial management solutions to nonprofits and NGOs across continents," said Serenic President and CEO Randy Keith. "We welcome these respected companies and their ability to expand the reach of Navigator's capabilities from Africa to Europe and the Middle East."

Advantage Business Systems (ABS) has 100 years' combined experience providing business solutions and IT services based around Microsoft technologies to customers throughout the U.K. and Europe. It helps customers efficiently manage businesses, improve performance and reduce costs. Its solutions range from finance and accounting software, to business intelligence and document management, along with a range of IT services and solutions including fully managed services to hosted VoIP telephony and disaster recovery. ABS is a Microsoft Gold Enterpise Resource Planning (ERP) Partner.

First View Consult's chartered accountants and management consultants have provided financial auditing, bookkeeping/outsourcing, accounting, due diligence reporting, tax and corporate finance services since 2001. It offers training, designing and installation of accounting software to its clients to facilitate efficient and accurate accounting reports. Based in Africa, the firm also provides independent and practical business advice to clients that range in size from major multi-national to small and medium-sized companies, government and non-governmental organizations.

Megatek International is a Microsoft Dynamics Gold Partner specializing in business solutions. With nearly 20 years in business - including more than a decade working with Microsoft - and more than 160 live customers, the Megatek team is one of the most experienced Microsoft Dynamics implementers in the Middle East and Persian Gulf region. Its expertise has grown from strictly serving the retail sector, to covering wholesales, automotive, contracting, manufacturing, printing, service management, project management and other markets.

Signal Alliance founded in 1996, is an end-to-end IT company specializing in systems integration. With solid industry experience spanning the major sectors of the Nigerian industry, Signal Alliance offers services in technology support, network infrastructure, enterprise applications and service assurance. The company employs highly skilled and certified consultants and is a Microsoft strategic partner with experience delivering solutions to public and private sector customers. This culminated in Signal Alliance achieving the top Microsoft Country partner in Nigeria for 2011.

Techno Brain is one of the leading IT Solutions and Training companies in Africa, with operations in the U.S., Dubai and India as well. As a Serenic partner in Africa, the company provides financial management solutions for NGOs and the public sector. With over a decade of experience in the IT industry, Techno Brain is renowned for its "Total IT Solutions" approach, and its strategic alliances with international IT companies facilitate access to the latest technologies, enabling it to provide the best solutions. By opening an office in Johannesburg, Techno Brain has strategically positioned the company to focus and bring its solution experience to Southern Africa including Namibia, Botswana, Zimbabwe, Lesotho and Swaziland.

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. Serenic Navigator's multi-language and multi-currency capabilities meet the sometimes 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, and Serenic BudgetVision. 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 named the 2009 Microsoft Dynamics Outstanding ISV of the Year for the United States and earned membership in the 2009, 2010 and 2011 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.

ON BEHALF OF THE BOARD OF DIRECTORS

By Randy Keith, President and CEO