San Jose, Calif. – Oct. 9, 2006 – Selectica (NASDAQ: SLTC), a leading provider of configuration, sales execution and contract life-cycle management solutions, today launched its Contract Life-Cycle Management Knowledge Center. The online center serves as rich repository of essential resources for contract management professionals and features analyst reports, white papers, blog and other third-party insights into the key issues driving the contract management industry.

The diverse set of resources on Selectica’s Contract Life-Cycle Management Knowledge Center addresses key issues related to managing both procurement and sales contracts, including best practices, challenges and strategies for instituting the proper procedures, policies and technology that will enable optimal contract management throughout the lifecycle.

“Regulatory issues, globalization, economics and a host of other factors are forcing organizations of all types to rethink how they manage their contracts in order to improve operational efficiencies, mitigate risk and ensure fiscal accountability,” said Terry Nicholson, COO of Contract Management Solutions, Selectica. “Our Knowledge Center offers a one-stop resource for professionals looking for information critical to their contract management success.”

The Knowledge Center blog, Sopkos’s Dotted Line, is authored by Stephen Sopko, CEO of Cedar Key Ventures, an Austin-based contract consulting company. Sopko is a veteran of the contract management industry with nearly 20 years experience, on both the procurement and sales sides of the profession. He draws from his experience working for Fortune 50, Fortune 500, the federal government, startups and international contracting organizations to provide unique perspectives and proven strategies for contract management excellence.

“It is exciting to be working with a software company that is committed both to educating the marketplace it serves, as well as learning from the challenges faced by contracts practitioners,” said Sopko. “Too many 'best practices' out there today attempt to take solutions from one narrow discipline, and use them to address challenges across a global profession. I look forward to our forum offering a platform for real contracts professionals to discuss scenarios and creative, practical solutions.”

Selectica’s Contract Life-Cycle Management Knowledge Center is located at: http://www.selectica.com/contracts/knowledge_center/

About Selectica, Inc.
Founded in 1996, Selectica (Nasdaq: SLTC - News) 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, 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 release 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 the on-demand contract management and sales execution 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, 2006 and in other reports filed by Selectica with the Securities and Exchange Commission.