February 28, 2006 — SAN FRANCISCO, Calif., IBM’s MDM Worldwide Conference — Selectica, Inc. (NASDAQ: SLTC), a leading provider of sales execution and contract management applications, today announced it is a Gold Sponsor at IBM’s Master Data Management (MDM) Worldwide Conference taking place this week at the W Hotel in San Francisco. Selectica joins industry leaders Sun Microsystems and IBM’s Entity Analytics as the gold sponsors for the event.

IBM’s MDM Conference is the premier event for Fortune 500 customers to learn the latest advancements in data management solutions. The high-profile event features representatives from leading retailers, manufacturers, automotive manufacturers, financial services companies, and pharmaceutical companies sharing their insights on the latest innovations in the data management lifecycle.

Selectica’s Vice President of Professional Services Joe Longo addressed attendees at last night’s opening reception and provided an overview on how Selectica’s sales configuration technology adds business value to IBM’s master data management ecosystem.

“Participating in this important event with our partner, IBM, supports Selectica’s mission in providing product knowledge management technology that solves complex business processes,” said Vince Ostrosky, Selectica CEO. “Together with our customers and partners, Selectica is exploring and developing practical solutions to the difficult problems organizations face as they manage increasingly complex sales configuration and business modeling issues. This conference offers a wealth of information among peers for sharing best practices that improve our collective processes.”

Key features of the conference program include insights regarding the future direction of Service-Oriented Architectures (SOA) as a flexible, accessible approach that links directly to Product Information Management, Customer Data Integration, Industry Data Models and Master Data Management.

About Selectica, Inc.
Founded in 1996, Selectica (NASDAQ: SLTC) provides its customers with smart technology that accelerates profitability by automating complex business processes in the areas of sales execution and contract lifecycle management. Available on-demand or as a fully customized installed software application, the company’s high-performance solutions provide a critical link between CRM and ERP to accelerate sales configuration, eliminate order inaccuracies, ensure compliance and limit risk exposure.
 
Selectica customers represent leaders in manufacturing, technology, healthcare and telecommunications, including: ABB, Alcoa, Applied Bio Systems, Bell Canada, Cisco, Dell, General Electric, Fireman's Fund Insurance Company, Hitachi, International Paper, Juniper Networks, Rockwell Automation, Seton Hospital, Tellabs, Time Warner, Triad Hospitals and 7-Eleven. Selectica is headquartered in San Jose, CA. For more information, visit the company’s Web site at www.selectica.com.

Forward Looking Statements
The statements contained in this release that are not purely historical are forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, including statements regarding Selectica's and its customers' expectations, beliefs, hopes, intentions or strategies regarding the future and expectations regarding performance improvements or increases in sales attributable to Selectica's existing and new products. All forward-looking statements included in this document are based upon information available to Selectica as of the date hereof, and Selectica assumes no obligation to update any such forward-looking statement. Actual results could differ materially from current expectations. Factors that could cause or contribute to such differences include, but are not limited to, market and customer acceptance of new products of Selectica including Fastraq, the recently acquired contract management products and the applications developed with joint venture partners, the success of the ongoing restructuring of Selectica’s operations, and other factors and risks discussed in Selectica's Annual Report on Form 10-K for the fiscal year ended March 31, 2005 and in other reports filed by Selectica with the Securities and Exchange Commission.