TSX Venture Exchange Symbol "SER"
EDMONTON, June 1 /CNW/ - Serenic Corporation (TSX-V: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, and Capital Business Solutions, a
Serenic partner and provider of financial management and development software
and services, announced today that Serenic Navigator has been selected by the
African Wildlife Foundation (AWF), the leading international conservation
organization focused solely on Africa.
AWF is a nonprofit organization founded in 1961 to help newly independent
African nations and people conserve their own wildlife. AWF has helped to
ensure the continued existence of some of Africa's most rare and treasured
species by training and educating conservation professionals and developing
conservation enterprises to improve peoples' livelihoods while also conserving
With headquarters in Washington, D.C., and 80 percent of its staff in
Africa, AWF requires sophisticated tracking of program budgets and grant
funding in multiple languages and currencies. It was looking for a "paperless
solution" and had outgrown the capabilities of its existing SunSystems
financial management system. AWF chose Serenic Navigator after considering
Blackbaud, Deltec Information Systems, Great Plains and Solomon Software.
"Serenic was able to automate at a much higher level than any other
system we considered," said AWF's Chief Financial Officer Jeff Chrisfield. "We
operate with a thin staff, and manual data analysis had become too
time-consuming and distracting for us. Further, Serenic was the only system
able to provide a unified and synchronized database across the many developing
countries in which we operate. We expect to recoup our investment in Serenic
within 12 to 18 months by freeing up two full time finance employees, as well
as significantly improving internal budget accountability through the
provision of superior financial reporting."
Serenic's replicator tool will be a big benefit, according to Chrisfield,
helping AWF to communicate across its nine offices in Africa, where it needs
to synchronize data sets and where connectivity problems often create issues.
A total of 18 AWF users will access Serenic Navigator - certified for
Microsoft Dynamics NAV - and AwardVision, Serenic's grant management product,
with unlimited users accessing Serenic Portal Services features via the Web.
The fully integrated Serenic Navigator product suite includes advanced
budgeting capabilities, which will allow the organization to combine
financials, procurement and grant management.
"Serenic Navigator has the capability to help nonprofit organizations
better handle multiple languages and currencies," said Serenic CEO and
President Randy Keith. "For global nonprofits like AWF, Serenic Navigator
eliminates operating inefficiencies imposed by separate, disconnected systems,
and provides users all over the world with real-time, reliable information
More information about AWF and its programs can be found at
About Capital Business Solutions
Capital Business Solutions is a recognized leader in providing the
Serenic Navigator solution and professional services purpose-built for the
nonprofit and public sector. We offer our clients more than thirty years of
combined industry specific experience. Capital Business Solutions has assisted
more than 500 organizations leverage the highest return from their software
technology investments. For more information, visit www.capitalbusiness.net.
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 public
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.
In 2007, Serenic was named the Microsoft Dynamics 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
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this press release.
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
For further information:
For further information: EDITORIAL CONTACT: Linda Nicholson, Vice
President of Marketing, Serenic Corporation, email@example.com, (877)
737-3642, Ext. 105