TSX Venture Exchange Symbol "SER"
EDMONTON, Sept. 18 /CNW/ - Serenic Corporation (TSX-V:SER), ("Serenic" or
the "Corporation"), a leading publisher of financial management and business
operations software for nonprofit organizations, is pleased to announce that
it has engaged The Howard Group Inc. of Calgary, Alberta, to provide investor
and financial relations services to the company.
Since 1988, The Howard Group Inc. has provided comprehensive investor and
financial relations, business development solutions, in-depth strategic
planning and financing services to public companies. The Howard Group Inc. is
associated with the Insight Limited Partnership, which invests in micro and
small cap companies. For further information on The Howard Group Inc. please
The term of the agreement is for 12 months. The Howard Group Inc. will be
compensated with a monthly retainer of $6,000 (Six Thousand Dollars) and
180,000 (One Hundred and Eighty Thousand) options to purchase shares. The
options have an exercise price of $0.80; a 3-year term expiring September 17,
2010; are subject to a 4-month hold period; and will vest in four equal
amounts on each of the dates of December 18, 2007, March 18, 2008, June 18,
2008, and September 18, 2008. Pursuant to the terms of the agreement, a change
in the scope of services to be provided by The Howard Group may also occur
upon 180 days of advance notice by either party, while also adjusting
compensation terms to reflect the revised scope of services, if any.
In addition to its ongoing investor relations services, The Howard Group
Inc. will provide ongoing commentary on Serenic's activities in its free,
online live newsletter, Insight. Interested parties are encouraged to
subscribe to the newsletter feed:
The above agreement is subject to the acceptance of the TSX Venture
About Serenic Corporation: www.serenic.com
Serenic develops, markets and supports mission-critical financial
management and business operations software for nonprofits, government, and
education. In addition, Serenic is the exclusive developer of the human
resources and payroll products for Microsoft Dynamics NAV in North America.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
For further information:
For further information: Dave Burwell or Peter Weichler, The Howard
Group Inc., Toll Free: 1-888-221-0915, Info@howardgroupinc.com,