SOURCE: Selectica

February 28, 2008 18:01 ET

Selectica Expands Customer Base in Key Markets

Selectica's Contract Management Software Solutions Gain Momentum

SAN JOSE, CA--(Marketwire - February 28, 2008) - Selectica, Inc. (NASDAQ: SLTC), a leading provider of enterprise contract lifecycle management (CLM) solutions, today announced that the company's 300% growth in its contract management business for the last quarter of 2007 was anchored in the extension and continued expansion of relationships in several key markets. In the most recent quarter, Selectica initiated and deepened its relationships with several major healthcare companies, established a new presence in the government contracting marketplace, and increased its footprint among high-growth enterprises seeking fast, cost-effective, and easily scalable and extensible contract management software implementations.

Selectica's recently added customers include:

--  two major healthcare providers
--  a leading provider of mission critical, advanced technology solutions
    and technical services to government contractors
--  a global biotechnology and pharmaceutical company
--  several high growth enterprises in the software and real estate
    investment industries, among others

"Selectica's solutions have quickly become the gold standard for companies and industries that require the most effective, easy-to-use, and easy-to-configure contract management solutions," said Robert Jurkowski, Selectica's Chairman and CEO. "Automating the contract management processes has become increasingly critical for organizations as they deal with more and more complexity. To take advantage of this trend and maintain our industry leadership, we continue to make strategic investments in both product and go-to-market programs that will allow us to continue to successfully reach customers in our key markets."

For more information on Selectica's new Contract Management customers visit the Selectica Customer Web page.

About Selectica, Inc.

Selectica, Inc. (NASDAQ: SLTC) provides enterprise-class software solutions for sales configuration and contract lifecycle management. Selectica's contract management software solutions enable companies to manage critical business functions including contract administration, sourcing, procurement, governance, sales, revenue recognition, healthcare, and provide enterprise-wide visibility to key stakeholders such as General Counsel and executive management. Selectica's Sales Configuration Solutions simplify and automate the configuration, pricing, and quoting of complex products and services. For over 10 years, Selectica has helped its customers generate substantial savings. Selectica customers represent leaders in manufacturing, technology, finance, retail, real estate, insurance, healthcare, semiconductor and telecommunications, including: ABB, ADP, Accenture, Bell Canada, Cisco, Covad Communications, Fujitsu, General Electric, Fireman's Fund Insurance Company, Host Hotels, IBM, Juniper Networks, Reliance Industries, Rockwell Automation, Tellabs, and Walt Disney. Selectica is headquartered in San Jose, CA. For more information, visit the company's Web site at

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