Saba Schedules Conference Call to Provide Third Quarter Fiscal Year 2014 Business Update and Status of Restatement

REDWOOD SHORES, CA--(Marketwired - Mar 5, 2014) - Saba (OTCPink: SABA), a global leader in next-generation cloud solutions for talent management, today announced that it plans to provide a business update for its third quarter of fiscal year 2014, which ended February 28, 2014, and discuss the status of its ongoing efforts to restate certain historical financial results after the close of the market on April 2, 2014. 

As a result of the pending restatement, the Company is not yet in a position to report detailed financial results. The Company, however, intends to provide selected financial metrics for the third quarter of fiscal year 2014 that are not expected to be impacted by the restatement. 

The Company plans to host a conference call and live webcast at 2:00 p.m. Pacific Time. To join the call, please dial +1-800-230-1074 or +1-612-234-9960. The access code for the conference call is 321490. To listen to the live webcast, please go to the Investor Relations page of the Saba web site at http://investor.saba.com and click on the Live Webcast icon. 

A replay of the conference call will be available shortly after its conclusion. The replay dial-in number is +1-800-475-6701 or +1-320-365-3844. The access code for the conference call replay is 321490. The replay can also be accessed from the Investor Relations page of the Saba web site at http://investor.saba.com and will be available through May 2, 2014. 

About Saba
Saba (OTCPink: SABA) is a global leader in next-generation cloud solutions for talent management. The company helps organizations transform the way they work by enabling the continuous learning, engagement and development of everyone in their people network, including employees, partners, and customers. Supporting the new world of work, Saba delivers learning, performance, succession, career development, workforce planning and compensation solutions that incorporate modern technologies such as social, collaboration, mobile and gamification. Saba solutions are based on the Saba Cloud platform, a highly scalable architecture that exceeds industry scalability, performance, and security standards. The company currently supports over 31 million users from 2,200 customers across 195 countries and in 37 languages. For more information, please visit www.saba.com.