SAN JOSE, CA--(Marketwire - September 20, 2007) - Selectica,
Inc. (NASDAQ: SLTC), a leading provider of enterprise contract
lifecycle management (CLM) solutions, today announced that Terry Nicholson,
Vice President and General Manager of Contract Lifecycle Management
Solutions, will host a series of three Webinars being offered by the
Contract Management Knowledge Center (www.contractknowledge.com), a
clearinghouse of customer-centric, vendor-agnostic information and tools
pertaining to contract management. The webinars, entitled the "Buyer's
Guide Series," will each address a separate critical issue pertaining to
the challenges of purchasing a contract management solution. No specific
products or vendors will be discussed.
With 25-years of experience in technology and software, Nicholson has been
involved with contract management since its earliest days in the mid-1990s,
and continues to be instrumental in its evolution. His rich experience
includes stints at Accenture, AT&T Global Information Systems,
Mallinckrodt, General Electric, and I-many. In addition to his involvement
in webinars and industry events, Nicholson's continued thought-leadership
in contract management is evidenced by his blog which can be viewed at
www.contractminds.com.
Industry experts predict that 34% of all public companies will seek out and
implement a contract management software solution in the next year -- and
with good reason. The proven benefits of these solutions include shortened
purchase and sales agreement cycle times, improved order accuracy and
revenue recognition, higher contract renewal rates and unprecedented
visibility into contract terms and conditions that enables expedited
regulatory compliance. Unfortunately, however, many companies are unaware
of the pitfalls associated with selecting the "right" solution and have
little idea of the approach to take when considering how to automate their
contract management processes. The purpose of this webinar series is to
provide this otherwise missing information.
Following is the schedule for the Webinar Series:
Webinar #1 - "A Buyer's Guide to Contract Management Software: Part One -
The Basics"
Date: October 4, 2007
Time: 1:00 p.m. EDT
Presenters: Terry Nicholson, VP and GM of CLM Solutions at Selectica
Tim Cummins, President and CEO of the International
Association for Contract and Commercial Management (IACCM)
Jim O'Hare, Principal Consultant at Arnav Technology
Solutions
Webinar #2 - "A Buyer's Guide to Contract Management Software: Part Two -
Building a Business Case"
Date: October 18, 2007
Time: 1:00 p.m. EDT
Presenters: Vishal Patel, Research Analyst with Aberdeen Group
Chris Davis, VP of Business Development at Skytide
Terry Nicholson, VP and GM of CLM Solutions at Selectica
Webinar #3 - "A Buyer's Guide to Contract Management Software: Part Three -
Selecting a Solution"
Date: November 15, 2007
Time: 1:00 p.m. EDT
Presenters: Terry Nicholson, VP and GM of CLM Solutions at Selectica
Tim Cummins, President and CEO of the International
Association for Contract and Commercial Management (IACCM)
Jim O'Hare, Principal Consultant at Arnav Technology
Solutions
"Industry adoption rates are increasing rapidly -- and this success is
reflected in the growing number of contract management software options,"
said IACCM's Cummins. "With growing internal and external pressure to
implement a CLM solution, we are seeing a tremendous need for unbiased,
hands-on information to guide companies to the right product for their
specific environments. This webinar series will provide that information."
Each webinar will begin at 1:00 p.m. EDT, last for one-hour, and include a
live Q&A session. Those wishing to participate in the webinar can register
at http://www.contractknowledge.com/buyerswebinar. Event registration is
free.
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
Media Contact:
Sam Diamond
Diamond Publications
520-575-2787