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SER

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Share Name Share Symbol Market Type
TSXV:SER TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Serenic Announces Stock Option Grants to Employees, Directors and Officers

01/09/2011 1:05am

Marketwired Canada


Serenic Corporation (the "Company" or "Serenic") (TSX VENTURE:SER), an
international software developer specializing in integrated financial management
and HCM solutions for Non-Profit organizations, government agencies, and
Microsoft Dynamics NAV users, announced today the grant of stock options to
Employees, Officers and Directors of the Corporation. A total of 195,000 stock
options were granted: 45,000 to non-executive employees of the Corporation;
30,000 to each of the Chief Executive Officer ("CEO") and the Chairman who also
act as directors of the Corporation; 30,000 to each of the two independent
Directors of the Corporation; and 15,000 to each of the Chief Financial Officer
and Secretary of the Company. All options were granted in accordance with the
Corporation's compensation policies regarding stock option grants and pursuant
to the terms of the Corporation's stock option plan and the appropriate policies
of TSX Venture Exchange. All have a strike price of $0.27 per share, shall vest
as to one third (1/3) annually on the anniversary date of the grant, and shall
expire in five years if unexercised. Options granted to the CEO, Chairman,
Directors and Officers were granted in accordance with the Company's
compensation plan for Directors and Officers. 


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 is a member of Microsoft's President Club and Inner
Circle, the latter being an elite group representing the top 1% of Microsoft
partners world-wide. Serenic has offices in Edmonton, Alberta and Denver,
Colorado and staff located throughout the USA, Europe and Africa.


ON BEHALF OF THE BOARD OF DIRECTORS   

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.


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