SOURCE: Selectica, Inc.

August 28, 2007 14:48 ET

Selectica Launches Customer Advisory Council

Selectica Customer Advisory Council (S-CAC) Represents the First Step in a Strategic Focus on Innovation through Enhanced Customer Communications

SAN JOSE, CA--(Marketwire - August 28, 2007) - Selectica, Inc. (NASDAQ: SLTC), a leading provider of enterprise contract lifecycle management (CLM) solutions, today announced the launch of the Selectica Customer Advisory Council (S-CAC), the first step in a larger corporate strategy to dramatically boost customer communications and drive innovation through peer networking. S-CAC will serve an advisory role to corporate executives at Selectica and guide the agenda for the Selectica Customer Success Network, a communications alliance of all Selectica users who will have enhanced access to peers and industry best practice resources through a variety of channels and events.

"Selectica is entering a new customer-centric era," said Terry Nicholson, Vice President and General Manager of Contract Lifecycle Management Solutions at Selectica. "With the adaptability and power of our underlying technology platform well-established, it is now time to leverage the knowledgebase represented by all of our customers to ensure that future product releases continue to meet their evolving needs and those of a changing marketplace. S-CAC is the key to this effort."

"All too often software companies forget about their customers after the purchase is complete," said Thaddeus Stephens, a charter member of S-CAC and assistant general counsel at Covad Communications. "Vendors may be available to resolve problems if you pay a hefty fee for support, but that's about the extent of their involvement. Selectica is taking a different path, involving customers at every stage of the product lifecycle. With the flexibility of their platform and a commitment to customer communications, Selectica is clearly raising the bar for the CLM marketplace."

"The best software companies leverage their customers' expertise and insights to guide product development strategies, "said Vishal Patel, research analyst for global supply management at Aberdeen Group. "Furthermore, the more opportunities vendors offer customers for participating in such programs, the stronger their voice will be, and the more effective the strategy."

About Selectica, Inc.

Selectica, Inc. (NASDAQ: SLTC) provides its customers with software solutions that automate the complexities of enterprise contract management and sales configuration lifecycles. The company's high-performance solutions underlie and unify critical business functions including sourcing, procurement, governance, sales and revenue recognition. Selectica has been providing innovative, enterprise-class solutions for the world's largest companies for over 10 years and has generated substantial savings for its customers. Selectica customers represent leaders in manufacturing, technology, retail, healthcare and telecommunications, including: ABB, Ace Hardware, Bell Canada, Cisco, Covad Communications, General Electric, Fireman's Fund Insurance Company, Hitachi, International Paper, Juniper Networks, Levi Strauss & Co., Rockwell Automation, Tellabs, and 7-Eleven. Selectica is headquartered in San Jose, CA. For more information, visit the company's Web site at www.selectica.com.

Contact Information

  • Investor Contact:
    Tony Rossi
    Financial Relations Board for Selectica
    310-854-8317
    Email Contact

    Media Contact:
    Sam Diamond
    Diamond Publications
    520-575-2787
    Email Contact