EDMONTON, ALBERTA--(Marketwire - Sept. 28, 2012) - Serenic Corporation (the "Corporation" or "Serenic") (TSX VENTURE:SER), an international software developer specializing in integrated financial management and HCM solutions for not-for-profit organizations, government agencies, and Microsoft Dynamics NAV users, announces an update to its Normal Course Issuer Bid ("NCIB") which commenced on June 22, 2012.
As was announced on June 20, 2012, Union Securities Ltd., through its Edmonton, Alberta office ("Union") was engaged as Serenic's broker to conduct the NCIB. As Union Securities Ltd's Edmonton office has been acquired by Wolverton Securities Ltd., Wolverton has now assumed responsibility as Serenic's broker in connection with the NCIB. All other terms and conditions with respect to the Bid remain unchanged.
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 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
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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