Selectica Clarifies Fiscal 2009 Guidance

SAN JOSE, Calif., Feb. 11 /PRNewswire-FirstCall/ -- Selectica, Inc.
(Nasdaq: SLTC), a leading provider of enterprise contract management and sales
configuration solutions, today clarified comments regarding its financial
projections for fiscal 2009 that were made this afternoon on a conference call
and webcast with members of the investment community. The Company is
targeting $25 million in revenues and $2.5 million in net income for the full
year fiscal 2009, which ends on March 31, 2009. These projections were not
intended to reflect an expected annual runrate that will be in place by the
end of fiscal 2009, as has been misinterpreted by some investors.
The Company also indicated that it expects to become profitable on a
quarterly basis during the second half of fiscal 2009.
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: Accenture, ABB, ADP,
Bell Canada, Cisco, Covad Communications, Fujitsu, General Electric, Fireman's
Fund Insurance Company, IBM, Juniper Networks, Reliance Industries, Rockwell
Automation, Tellabs, and Walt Disney. Selectica is headquartered in San Jose,
CA. For more information, visit the company's Web site at
www.selectica.com.
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 release 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,
(i) market and customer acceptance of Selectica products including the
contract management and sales configuration products, (ii) the success of the
ongoing restructuring of Selectica's operations, (iii) and potential
regulatory inquiries and litigation relating to the review of past stock
granting practices and the related restatement of the Company's financial
statements and (iv) other factors and risks discussed in Selectica's Annual
Report on Form 10-K for the fiscal year ended March 31, 2007 and in other
reports filed by Selectica with the Securities and Exchange Commission.
Contact:
At Financial Relations Board:
Tony Rossi
Investor Relations
213-486-6545
trossi@frbir.com

SOURCE Selectica, Inc.

Tony Rossi, Investor Relations of Financial Relations Board, +1-213-486-6545,
trossi@frbir.com, for Selectica, Inc.