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Covad Streamlines Its Contract Management Processes With Selectica
Selectica’s powerful Enterprise Contract Lifecycle Management solution helps Covad maximize business efficiency and ensure SOX compliance
San Jose, Calif. – Jan. 22, 2007 – Selectica (NASDAQ: SLTC), a leading provider of enterprise contract lifecycle management solutions, today announced Covad Communications Group Inc. (AMEX: DVW) has deployed its Contract Performance Management solution to maximize financial and operational performance and minimize risk throughout the entire contract lifecycle. As the volume and complexity of contracts continues to accelerate, Covad joins the growing number of companies turning to Selectica’s high-performance solution to streamline contract management, ensure continued compliance with federal regulations and achieve the visibility and control needed to effectively manage strategic business commitments.

Selectica Announces Availability of Quote-To-Cash Benchmark Report By AberdeenGroup
Report outlines negative impact of disjointed sales processes and how contract management automation helps companies stop revenue leakage, reduce sales cycles
San Jose, Calif. – Jan. 10, 2007 – Selectica (NASDAQ: SLTC), a leading provider of enterprise contract lifecycle management solutions, today announced the availability of a new benchmark report by AberdeenGroup titled “Contract Management in the Quote-to-Cash Cycle: More Revenue, Less Leakage.” The Selectica-sponsored report demonstrates how Contract Lifecycle Management, once used solely for procurement and supplier contracts, is quickly gaining interest from executives looking to stem the tide of revenue leakage in their sell-side agreements. On average, poor contract management practices cost companies 9 percent of their revenue due to regulatory penalties, missed deadlines, lost sales, long sales cycles, maverick pricing, and transactional errors, according to the report.

Selectica Taps Contract Management Industry Veterans To Drive Company's Evolution
New senior management additions bring proven experience to lead company's long-term growth in Contract Lifecycle Management industry
San Jose, Calif. - Jan. 4, 2007 - Selectica (NASDAQ: SLTC), a leading provider of enterprise contract lifecycle management solutions, continues to build out a management team with deep domain expertise in the contract lifecycle management industry. Today the company announced the appointment of Sumit Bando, Doug Bell and Jason Stern to executive management positions at the company.