Selectica to Release New Contract Analytics Module

SAN JOSE, CA--(Marketwire - October 16, 2007) - Selectica, Inc. (NASDAQ: SLTC), a leading provider of enterprise contract lifecycle management and sales configuration solutions, today announced that Selectica Contract Analytics, a new multidimensional reporting and analytics solution, will be made available within the next few months upon completion of pilot projects by key Selectica customers. This new module will empower Selectica Contract Performance Management customers to quickly and easily identify sources of revenue leakage, expose potentially costly risks, increase sales forecasting accuracy, and speed sales cycles. The Selectica Contract Analytics module will also enable information found in contract repositories as well as other systems, including Spend and ERP, to be fully mined, empowering users to streamline contract processes, and identify opportunities that previously were hidden by complex contract language.

Selectica Contract Analytics will be delivered with three reporting cubes that enable any business user to run, tailor and create the multi-dimensional reports they need with just one day of training. Selectica Contract Analytics leverages the power and flexibility of Microsoft Excel, the world's leading report writer, and can also be used with industry standard reporting solutions such as Business Objects, Crystal Reports, and Cognos.

The three reporting cubes initially offered with Selectica Contract Analytics include:

1 -- Process Improvement -- to identify process bottlenecks and determine how to shorten contract lifecycles, from authoring, to approval, to renewal, to end-of-life;

2 -- Risk Assessment -- to determine and aggregate risk levels associated with contract language and contract types in new contracts and across the repository;

3 -- Forecasting -- to improve the accuracy of cash, liabilities, and revenue forecasts based upon historical analyses of contract parameters.

In addition, Selectica customers can create custom reporting cubes to facilitate analysis across any and all contract types -- including procurement, sales, revenue, healthcare, IT, employment, leasing, and intellectual property -- for enterprise-wide visibility. Custom cubes can also be created for any vertical market segment, serving the needs of such specialized industries as healthcare, insurance, services, high tech, manufacturing, telecommunications, and retail.

"With Selectica Contract Analytics, business users can gain fast access to the critical business data only available in contracts and expose opportunities that can enhance performance," said Jason Stern, Vice President of Products for Contract Lifecycle Management Solutions. "The solution can be used to identify new revenue opportunities, minimize revenue leakage, and determine better ways to mitigate costly risks. Additionally, Selectica Contract Analytics gives users the ability to create and compare an unlimited number of dimensions in a single report, empowering Selectica CPM customers with an unparalleled capability to uncover otherwise hidden value in contracts, and derive the information required to drive competitive business processes."

For more information, visit the Selectica Contract Analytics product page.

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