Business
Sylogist Renews and Expands Microsoft Relationship, Strategic Initiatives, CEO Retirement
Sylogist Renews and Expands Microsoft Relationship, Strategic Initiatives, CEO Retirement...
About this update from Sylogist Ltd.
[{"type":"text","content":"Sylogist-Microsoft\n \n \n \n Sylogist Renews and Expands Microsoft Relationship, Strategic Initiatives, CEO Retirement\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n CALGARY, AB, Oct. 5, 2020\n \n \n \n \n \n /THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO\n \n UNITED STATES\n \n NEWSWIRE SERVICES OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n ./\n \n \n \n \n CALGARY, AB\n \n ,\n \n Oct. 5, 2020\n \n /CNW/ -\n \n Sylogist Ltd.\n \n (TSXV: SYZ) (\"Sylogist\" or the \"Company\"), is pleased to announce that effective\n \n September 30, 2020\n \n , it has entered into a series of agreements, through its principal operating subsidiary, Serenic Software, with Microsoft Corp.  These agreements renew Serenic's Microsoft ISV Embed partner status and expand its commitment to SaaS by making Serenic's ERP solution (Navigator) available to customers on Microsoft Appsource for Dynamics 365 Business Central.   These arrangements provide a clear path to the cloud for existing and new customers, with the benefits of complete integration and modern technology, enabled by an investment in marketing and transition support. Serenic's NaviPayroll solution was made available in Microsoft Appsource earlier this year.\n \n \n \n \n \n \n \n \n \n Sylogist announced the engagement of Shea & Co., a\n \n San Francisco\n \n and\n \n Boston\n \n based boutique advisory firm in\n \n March 2020\n \n , as part of the Company's consideration of strategic alternatives. After a comprehensive review of its options, including discussions with a number of public and private enterprises, the Board has deemed the market opportunities for growth present better shareholder value creation potential than a sale of the business. The Board of the Company has determined to move aggressively forward with business expansion.\n \n \n A significant component of its strategic review of the business, has been the Board's pursuit of a new Chief Executive Officer.   With the assistance of a highly, regarded professional recruitment firm, the Board partici...