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Serenic Expands Online Nonprofit Financial Management SuiteSerenic Navigator Online Suite Provides Cloud Computing Benefits (January 24, 2012)
EDMONTON, ALBERTA -- (Marketwire) -- 01/24/12 -- 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 the expansion of its Serenic Navigator Online (NOL) product suite now available in three offerings:
-- Serenic NOL Basic -- Serenic NOL BE (Business Essentials) -- Serenic NOL AM (Advanced Management)
Serenic NOL is a Software as a Service (SaaS) version of Serenic's award-winning Navigator financial management system. The cloud-based subscription model leverages Internet streaming functionality with access to Serenic's financial management software for the term of the subscription. The Serenic NOL product features are designed to meet specific needs of nonprofit and public sector organizations, which are increasingly connecting to the Internet to automate and simplify business processes "in the cloud."
"Serenic Navigator Online offers NGOs and nonprofits financial management functionality coupled with the advantages of a decentralized software deployment model," said Serenic CEO and President Randy Keith. "Organizations with multiple offices, remote workers and distributed workforces especially benefit from using a cloud-based solution. If their situation changes for any reason, NOL clients can easily and cost-effectively transition to the on-premise version of the Serenic Navigator financial management suite."
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. Our multi-language and multi-currency capabilities allow us to 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.
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
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.
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