SAN JOSE, Calif., May 23 /PRNewswire-FirstCall/ -- Selectica , a leading provider of enterprise contract lifecycle management (CLM) solutions, today announced that on May 31, 2007 they will be hosting a Webinar entitled "Best-in-Class Contract Management Practices for the Global Economy." The Webinar will feature a presentation by Vishal Patel a research analyst with the Aberdeen Group and author of the newly released report, "Contract Lifecycle Management and the CFO."

"Best in class enterprises operating in today's global economy are increasingly relying on contract lifecycle management solutions to codify their relationships with customers, suppliers, partners, and employees," Patel said. "By considering how these companies manage their contracts, others can gain insights that will enable them to succeed in increasingly common multilingual, multi-currency, situations where business customs, corporate standards, and governmental regulations may vary widely. Best in class enterprises are not only able to better monitor and track commitments but also have access to significant intelligence around their contracts."

According to the newly released Aberdeen report, best in class companies complete sales contracts 50 percent faster, and procurement contracts 35 percent faster, than other companies using less automated processes. In addition, the number of contracts renewed annually for best in class companies can be as much as 27 percent greater than their competitors.

"In the competitive global economy, even small operating benefits can mean the difference between success and failure," said Terry Nicholson, COO of Contract Management Solutions at Selectica. "But with increments as large as those reported in the latest Aberdeen report, there can be no doubt that companies relying on robust CLM solutions have a definite advantage. It is our intent to share this information with attendees of the Webinar and to demonstrate how they can convert these insights to actions."

This one hour webinar will begin at 1:00 p.m. EDT and will include a live Q&A session with Aberdeen's Vishal Patel and Selectica's Terry Nicholson. Those wishing to participate in the webinar can register at http://www.selectica.com/531. Event registration is free.

About Aberdeen Group

Aberdeen is a leading provider of fact-based research and market intelligence that delivers demonstrable results. Having benchmarked more than 30,000 companies in the past two years, Aberdeen is uniquely positioned to educate users to action: driving market awareness, creating demand, enabling sales, and delivering meaningful return-on-investment analysis. As the trusted advisor to the global technology markets, corporations turn to Aberdeen for insights that drive decisions.

As a Harte-Hanks Company, Aberdeen plays a key role of putting content in context for the global direct and targeted marketing company. Aberdeen's analytical and independent view of the "customer optimization" process of Harte-Hanks (Information -- Opportunity -- Insight -- Engagement -- Interaction) extends the client value and accentuates the strategic role Harte-Hanks brings to the market. For additional information, visit Aberdeen http://www.aberdeen.com/ or call (617) 723-7890, or to learn more about Harte-Hanks, call (800) 456-9748 or go to http://www.harte-hanks.com/.

About Selectica, Inc.

Selectica, Inc. 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 http://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, (i) the ability to timely release new products, (ii) 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, (iii) the success of the ongoing restructuring of Selectica's operations, (iv) the conclusions resulting from the independent review of the Company's past stock option granting practices, (v) the Company's inability to file periodic reports in accordance with the Securities Exchange Act of 1934, (vi) the inability of the Company to avoid delisting from the Nasdaq Stock Market due to non-compliance with Marketplace rules, (vii) potential regulatory inquiries and litigation relating to the review of past stock granting practices and any related restatement of the Company's financial statements and (viii) 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.

CONTACT: Tony Rossi of Financial Relations Board, +1-310-854-8317,
trossi@financialrelationsboard.com, for Selectica; or Mary Bart of Selectica
Inc., +1-408-313-4203, mbart@selectica.com

Web site: http://www.selectica.com/
http://www.aberdeen.com/
http://www.harte-hanks.com/