Selectica Appoints Eric Lynch Vice President of Strategic Alliances

SAN MATEO, CA--(Marketwired - Jul 1, 2014) -  Selectica, Inc. (NASDAQ: SLTC) a leading provider of solutions that streamline contract processes, reduces risk, and drives revenue today announced that Eric Lynch has joined the Selectica management team as Vice President of Strategic Alliances. Most recently, Mr. Lynch was in charge of global alliances and channels for IBM's Emptoris strategic supply and contract management brand.

"Eric brings a wealth of knowledge and relationships to Selectica as we continue to make significant strides in growing and enabling our partner community worldwide," said Patrick Stakenas, Chief Strategy Officer of Selectica. "Selectica has already engaged with a number of industry leading partners during the first half of 2014, and we will continue to expand our partner community with a renewed approach to strategic alliances for solution and channel development."

Mr. Lynch brings more than 15 years of experience to Selectica with prior consulting, solution sales, and alliance development roles at IBM Emptoris, Aegis Spend Management BPO, A.T. Kearney, and Motorola. "I am thrilled to join Selectica as we embark on a new era of strategic partner expansion," said Lynch. "I've been fortunate to work closely with some of our industry's top thought leaders from KPMG, E&Y, Accenture, A.T. Kearney, Buyer Quest, Spend Matters, and Seal Software -- this is an ideal time for prospective partners to engage with Selectica."

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About Selectica
Selectica, Inc. (NASDAQ: SLTC) provides a platform for enterprises worldwide to create, manage, and optimize business relationships with contracts at the core. Since 1996, Selectica helps global companies actively manage their contracts throughout the sales, procurement and legal life cycle. Selectica's contract management solutions drive business value by assisting organizations in managing contracts profitably, effectively accelerating revenue opportunities, and minimizing risk through compliance. Our patented technology enables customers across a myriad of industries including high-tech, telecommunications, manufacturing, healthcare, and financial services to accelerate and streamline both contract management and sales processes. Selectica also provides a powerful configuration engine, enabling Fortune 500 companies to accelerate revenue by facilitating the optimization of the right combination of products, services, and price. More information: www.selectica.com