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Alegent Health Leverages Selectica's Contract Performance Management to Gain Visibility and Control of Contract Processes

Selectica Ensures Compliance by Streamlining the Creation, Storage, Management and Analysis of Contracts Throughout the Entire L

SAN JOSE, Calif., July 24 /PRNewswire-FirstCall/ -- Selectica , a leading provider of configuration, sales execution and contract management applications, today announced the addition of Alegent Health to the growing roster of customers using its on-demand Contract Performance Management solution. Alegent Health is the largest healthcare system in Nebraska and southwestern Iowa. With nine acute care hospitals, more than 100 service sites and a staff of over 1,200 physicians and roughly 8,400 employees, Alegent needed Selectica's solution to gain better visibility and control of the thousands of contracts that govern key strategic relationships, including equipment lease agreements and various types of supplier contracts.

"Prior to purchasing Selectica's contract management solution, we had to manually manage nearly 7,000 documents across the various departments, which is not only time-consuming but it makes it extremely difficult to consistently monitor contract compliance," said Angie Peters, manager of legal compliance for Alegent Health. "With Contract Performance Management by Selectica, we get a holistic view of all contracts throughout their lifecycle so we are able to systematically track, review and analyze compliance to ensure maximum operational and financial performance and mitigate risk."

Contract Performance Management

Selectica's Contract Performance Management is the industry's most comprehensive on-demand solution for managing the cost, compliance and performance of complex buy- and sell-side agreements. The robust software ensures compliance by automating and streamlining the creation, storage, management, and analysis of contracts -- from initial contract request and negotiation to on-going compliance and performance management. By automating many of the manual, disparate processes traditionally associated with contracts, Selectica helps companies:

* gain visibility and control of their commitments; * eliminate expired, redundant and poorly structured agreements; * track key milestones, deliverables and renewal events; * ensure accurate financial reconciliation and compliance; * manage collaboration and approvals across entire contract lifecycle; and * enforce use of standard processes and terms.

"As the volume and complexity of contracts continues to accelerate, optimizing contract performance has become a key strategic initiative in organizations like Alegent Health who recognize the bottom-line benefits of effectively managing contracts throughout their lifecycle," said James Dias, vice president of marketing and sales at Selectica. "By offering Contract Performance Management on-demand, our solution is quickly deployed and easily maintained, while delivering a rapid time-to-value that's second to none."

About Selectica, Inc.

Founded in 1996, Selectica provides its customers with smart technology that accelerates profitability by automating complex business processes in the areas of sales execution and contract lifecycle management. Available on-demand or as a fully customized installed software application, the company's high-performance solutions provide a critical link between CRM and ERP to accelerate sales configuration, eliminate order inaccuracies, ensure compliance and limit risk exposure.

Selectica customers represent leaders in manufacturing, technology, healthcare and telecommunications, including: ABB, Alcoa, Applied Bio Systems, Bell Canada, Cisco, Dell, General Electric, Fireman's Fund Insurance Company, Hitachi, International Paper, Juniper Networks, Rockwell Automation, Seton Hospital, Tellabs, Time Warner, Triad Hospitals 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: Tony Rossi, Financial Relations Board for Selectica 310-854-8317, [email protected] Media Contact: Terri Douglas, Catapult PR-IR for Selectica 303-581-7760, ext. 18, [email protected] Cell: 303-808-6820 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 document 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, market and customer acceptance of new products of Selectica including Fastraq, the contract management products and the applications developed with joint venture partners, the success of the ongoing restructuring of Selectica's operations, and 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: Investors, Tony Rossi of Financial Relations Board,
+1-310-854-8317, [email protected]; or Media, Terri Douglas
of Catapult PR-IR, +1-303-581-7760, ext. 18, or cell, +1-303-808-6820,
[email protected], both for Selectica

Web site: http://www.selectica.com/

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