Press Releases

The source for our latest press releases.

August 12, 2015

Selectica Announces 1st Quarter Fiscal 2016 Financial Results

Business delivering both revenue and gross profit improvements

SAN MATEO, CA – August 12, 2015– Selectica, Inc. (NASDAQ: SLTC), a global provider of SaaS contract management and end-to-end source-to-pay supply management software solutions, including eSourcing, eProcurement, spend analysis, and procure-to-pay software, announced its Q1 FY2016 financial results.

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August 3, 2015

Selectica Closes Acquisition of b-pack

Acquisition will deliver new capabilities to extend Selectica’s product suite and global presence with the addition of a leading SaaS Procure-to-Pay solution.

SAN MATEO, CA – August 3, 2015Selectica, Inc.(NASDAQ: SLTC) today announced it has completed the acquisition of b-pack for approximately $12.33 million in cash and stock. b-pack, a pioneer and global leader in Source to Pay (S2P) solutions, is focused on providing rich, end-to-end procurement capabilities, including eProcurement, Purchase-to-Pay, Asset Management, Budget Management, Invoice Management, and Expense Management.

The acquisition further democratizes the Selectica suite of solutions and expands its reach internationally. For the past 15 years, b-pack has empowered finance and procurement enterprise professionals with flexible, innovative and critical risk mitigation solutions.

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July 30, 2015

Selectica to Announce First Quarter Results for Fiscal 2016 on August 12, 2015

SAN MATEO, CA – July 30, 2015 – Selectica, Inc. (NASDAQ: SLTC), a leading provider of contract management, strategic sourcing, supplier management—from source to pay, and configuration solutions, today announced that it plans to report first quarter results for fiscal 2016 after market close on Wednesday, August 12, 2015. Results will be announced via a press release, and detailed financial results will be available on the same day via conference call and webcast.

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June 3, 2015

Selectica Promotes Patrick Stakenas as President and CEO

SAN MATEO, CA June 3, 2015Selectica, Inc. (NASDAQ: SLTC), a leading provider of Supply Management and Enterprise Contract Lifecycle Management, announced changes to the executive team. Effective today, the Board of Directors has appointed Patrick Stakenas as President and Chief Executive Officer and a Director. Mr. Stakenas joined the Company as Chief Strategy Officer, from Gartner, after driving ForceLogix Technologies through its IPO and sale to CallidusCloud (NASDAQ: CALD).

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