/24-7PressRelease/ - SAN JOSE, CA, August 22, 2008 - Selectica (NASDAQ: SLTC), a leading provider of enterprise contract lifecycle management solutions (http://www.selectica.com/ContractManagement/Overview/tabid/556/Default.aspx), today announced that it has upgraded the Selectica Contract Performance Management (CPM) platform with new features that further shorten time-to-contract.
"Many of our customers tell us that speeding time-to-contract is an important part of their contract lifecycle strategy," said Anthony Roth, Senior Director of Product and Strategy for Selectica. "With the enhancements in release 3.2.2, we can not only expedite contract review and document handling (http://www.selectica.com/ContractManagement/Features/tabid/559/Default.aspx) with wireless access, but we make it easier to convert, manipulate, and store incoming documents, no matter what format they arrive in. Our objective is to simplify document handling and speed time-to-approval for new contracts."
CPM 3.2.2 adds several features (http://www.selectica.com/ContractManagement/Features/tabid/559/Default.aspx) to speed time-to-contract. Documents can now be accessed from within e-mail, including wireless e-mail, such as that of a Blackberry. The new release can also convert PDF documents to Word documents using OCR software to make it easier to convert third-party documents for review and editing. You can even convert incoming faxes from PDF format to Word for editing.
The latest release also makes it even easier to access customer records and other data sources outside the contract management system when creating a contract, further enhancing its robust integration into CRM and ERP systems.
For more information (http://www.selectica.com/ContractManagement/Overview/tabid/556/Default.aspx) about the Selectica Contract Performance Management software, visit Selectica's web site at http://www.selectica.com.
About Selectica, Inc.
Selectica (http://www.selectica.com/Default.aspx)(NasdaqGM:SLTC - News) provides its customers with software solutions that automate the complexities of enterprise contract management (http://www.selectica.com/ContractManagement/Overview/tabid/556/Default.aspx) and sales configuration lifecycles (http://www.selectica.com/SalesConfigurationSoftwareSolutions/Overview/tabid/498/Default.aspx). 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 (http://www.selectica.com/Customers/tabid/76/Default.aspx). Selectica customers represent leaders in manufacturing, technology, retail, healthcare and telecommunications, including: ABB, Ace Hardware, Bell Canada, Cisco, Covad Communications, General Electric, Hitachi, 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.
Investor Contact:
Scott Wilson, 415-785-7945, ir@selectica.com
Media Contact:
Tom Woolf, 415-259-5638, pr@selectica.com
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