Selectica (NASDAQ:SLTC), a leading provider of contract management and
sales configuration solutions, today announced the appointment of Alan
B. Howe as a member of its board of directors.
Mr. Howe has extensive operational experience as well as involvement
with many aspects of corporate finance and business development. He is
co-founder and managing partner of Broadband Initiatives, LLC, a
boutique corporate advisory and consulting firm. He served as vice
president of strategic and wireless business development for Covad
Communications, Inc., a national broadband telecommunications company.
Prior to that, Howe was chief financial officer and vice president of
corporate development of Teletrac, Inc., and director of corporate
development for Sprint PCS. Mr. Howe is a member of the board of
directors of Proxim Wireless Corporation, Alliance Semiconductor
Corporation, Crossroads Systems, Inc., LCC International, Anacomp Inc.
and Dyntek, Inc. Mr. Howe holds a B.A. in business administration from
the University of Illinois and an M.B.A. from the Indiana University
Kelley Graduate School of Business.
"Alan has exceptional experience in working with companies such as
Selectica and his knowledge will be invaluable to us,” said Brenda
Zawatski, co-chair of Selectica. "It is a pleasure to welcome him to the
board and I look forward to working with him.”
About Selectica, Inc.
Selectica (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, 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.
"Safe Harbor” Statement under the Private Securities Litigation
Reform Act of 1995
Certain statements in this release and elsewhere by Selectica are
forward-looking statements within the meaning of the federal securities
laws and the Private Securities Litigation Reform Act of 1995. Such
information includes, without limitation, business outlook, assessment
of market conditions, anticipated financial and operating results,
strategies, future plans, contingencies and contemplated transactions of
the Company. Such forward-looking statements are not guarantees of
future performance and are subject to known and unknown risks,
uncertainties and other factors which may cause or contribute to actual
results of Company operations, or the performance or achievements of the
Company or industry results, to differ materially from those expressed,
or implied by the forward-looking statements. In addition to any such
risks, uncertainties and other factors discussed elsewhere herein,
risks, uncertainties and other factors that could cause or contribute to
actual results differing materially from those expressed or implied for
the forward-looking statements include, but are not limited to
fluctuations in demand for Selectica's products and services; changes to
economic growth in the U.S. economy; government policies and
regulations, including, but not limited to those affecting the Company's
industry; and risks related to the Company's past stock granting
policies and related restatement of financial statements. Selectica
undertakes no obligation to publicly update any forward-looking
statements, whether as a result of new information, future events or
otherwise. Additional risk factors concerning the Company can be found
in the Company's most recent Form 10-KSB, and other reports filed by the
Company with the Securities and Exchange Commission.