TSX Venture Exchange Symbol "SER"
EDMONTON, March 3 /CNW/ - Serenic Corporation (TSX-V:SER), ("Serenic" or
the "Corporation"), a leading publisher of financial management and business
operations software for not-for-profit organizations, is pleased to announce
that Bruce A. Saville and Randy Keith have joined the Board of Directors of
Mr. Saville began his career in the computer industry in the early 1970's
as a computer programmer and systems analyst, working for several large
corporations. He founded Saville Systems in 1982, which developed and marketed
billing solutions to the telecommunication industry world-wide, a company
which he grew and subsequently sold to a NASDAQ-listed corporation for
approximately $750 million in the mid 1990s.
Mr. Saville now serves as President of Saville Interest Group, a private
investment company, and dedicates much of his time to educational, sports, and
philanthropic interests. Currently, he sits on several not-for profit,
community, and technology organization boards as a director or advisor,
including the Edmonton Oilers Alumni Association, Stollery Children's Hospital
Foundation, Telus World of Science, CodeBaby Corp. and VTN Technologies. He
also is a member of the Board of Governors of the University of Alberta where
he chairs the Educational Affairs Committee.
Mr. Saville has contributed as a former director to many other
organizations, including the Northern Alberta Institute of Technology, Noujaim
Institute (non-profit cancer research), Edmonton Investors Group (owners of
the Edmonton Oilers NHL hockey club), Edmonton Eskimos Football Club, and as
Chairman of the Inner City Agencies Foundation.
He was awarded the 1991 Entrepreneur of the Year Award, the 2001 Edmonton
Philanthropist of the Year Award, and in 2003 was awarded the Queen's Golden
Jubilee Award. In 2005, Mr. Saville was inducted into the Alberta Business
Hall of Fame and was awarded the Alberta Centennial Medal.
"NFP organizations have, for the most part, been ignored by technology
providers until quite recently," remarked Bruce Saville. "Since 2000, more
than half a million new not-for-profit groups have organized in North America,
and evolving global social conscience and financial ability has caused similar
growth to mobilize in Europe, Middle East, Africa, and Asia. Serenic's
opportunity not only serves the interests of its investors, but its solutions
also contribute to the way many NFP organizations are able to carry out their
work to improve human or other causes, somewhere on the planet. I certainly
look forward to contributing where ever I can."
Mr. Keith joined the Corporation in November 2006, and was appointed to
the position of CEO on July 1, 2007. Prior to joining Serenic, he played a
significant role in advancing the growth of Navision technology, products and
reseller channels in North America during the time he spent as President of
the Navision US and Canadian companies, prior to their acquisition by
"We are very pleased to have Bruce and Randy join our board," stated
Dwayne Kushniruk, Chairman of Serenic. "Bruce has excelled at a level that few
other Canadian software entrepreneurs have been able to achieve, and now
continues to inspire us by dedicating so much of his time, resources and
knowledge to so many worthy causes that require our products and services."
Kushniruk continued, "Randy's strong leadership and experience, particularly
regarding Microsoft's Dynamics NAV partner channels, technology and products,
has certainly evolved Serenic greatly during the past year. Together, Bruce
and Randy joining our Board will assist us greatly in advancing our
About Serenic Corporation:
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 also the exclusive developer
of human resource management and payroll products for Microsoft Dynamics NAV
ERP users in North America.
Serenic was named the "ISV (Industry Solutions Vendor) Partner of the
Year" by Microsoft in 2007 and is a member of Microsoft's President Club and
Inner Circle, the latter being an elite group of sixty-seven members
representing the top 1% of Microsoft partners world-wide. Serenic has offices
in Edmonton, Alberta and Lakewood (Denver), Colorado, and staff located
throughout the USA.
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: Dwayne Kushniruk, Chairman
(firstname.lastname@example.org) or Paul Johnston, CFO (email@example.com), Phone:
(877) 737-3642 x144, www.serenic.com; Investor Relations: Dollarton Group,
Nick Waddell or Kit Spence (firstname.lastname@example.org), Phone: (877) 737-3642 x144