4/16/2007

Selectica Extends Power of Contract Performance Management Platform to Streamline Contract Creation, Compliance and Reporting
Latest release delivers enhancements to contract management workflow, clause library and security
San Jose , Calif. – April 16, 2007– Selectica (NASDAQ: SLTC), a leading provider of enterprise contract lifecycle management solutions, today announced the upcoming release of the next version of its contract lifecycle management solution. Selectica Contract Performance Management (CPM) enables companies to achieve enterprise-wide visibility and control of their contracts throughout the entire lifecycle — from initial contract request and negotiation to on-going compliance and performance management. As a result, Selectica customers are able to increase compliance, maximize revenue and limit risk exposure while reducing contract cycle time and related administrative costs.

 
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About Selectica: Selectica (NASDAQ: SLTC) provides Global 2000 companies with cloud software solutions that help them close business faster, with higher margins and lower risk. More than 100,000 users rely on Selectica applications for guided selling, sales configuration, pricing, quoting, and contract lifecycle management to streamline their sales operations and process over one million new contracts annually. Selectica solutions are used by leaders in technology, healthcare, government contracting, and telecommunications, including Bell Canada, Cisco, Covad Communications, Fujitsu, CA Technologies, ManTech, and Qwest Communications.