Russia’s Largest Bank, Sberbank, Leverages Saba to Improve People Development

  Russia’s Largest Bank, Sberbank, Leverages Saba to Improve People
  Development

 Saba Selected to Enable Learning Across the Bank’s Branches and Geographies

Business Wire

REDWOOD SHORES, Calif. -- March 25, 2013

Saba (NASDAQ: SABA), the premier provider of people-centric enterprise
solutions, announced today that Sberbank, the largest bank in Russia, is using
its solution to transform people development across the country through a
strategic program called the Virtual School of Sberbank. Founded in 1841,
Sberbank comprises 17 local banks with more than 18,000 branches and over
230,000 employees throughout Russia.

Following numerous acquisitions and mergers, Sberbank faced an unprecedented
challenge and opportunity to transform itself into a unique and diversified
financial institution. With its employee base increasing and new cultures
joining the bank, the goal was to find a way to easily train managers and
personnel while increasing collaboration and crowd sourcing to spread best
practices. Sberbank created the Virtual School of Sberbank and selected Saba’s
modern learning platform based on its ability to meet key criteria such as
ability to scale, visual usability, extended testing functionality and
accessibility from anywhere at any time. The Virtual School of Sberbank is
planned for an initial three-phased rollout during 2013.

The first phase was implemented in January to 1,500 managers who are using
Saba’s learning management system, webinars and base testing functionality to
interact with each other across various locations and to study via e-learning
courses to increase their competency level. Today, the Virtual School of
Sberbank gives access to 54 online courses, with new classes introduced on an
ongoing basis.

“In the first few months since rollout, we’ve seen increased access to
learning and development programs, and across a range of regions and acquired
companies,” said Andrey A. Leushev, vice president of the Innovative Products
Department at Sberbank. “We can already see how the usability, scalability and
flexibility of Saba’s learning platform will enable us to develop our people
in ways that we couldn’t before, thus helping make our teams more agile,
current and efficient. We’ve provided an initial group of management with
learning courses and compliance training, and look forward to the next phase
of the rollout this summer.”

Sberbank’s plans for this summer rollout are to extend access to the Virtual
School of Sberbank to more than 20,000 management-level employees. The goals
of this second phase will be to form a unique knowledge base, provide usage of
a single standards model, spread and scale best business practices, and to set
up and launch a new, unified corporate culture. The last phase of the initial
rollout is scheduled for December.

“Saba is pleased to have the opportunity to meet the needs of Russia’s largest
bank, Sberbank,” said Leo Hanna, senior vice president and general manager,
EMEA at Saba. “Our people-centric learning platform is enabling them to scale
across branches and geographies to provide their employees with numerous new
kinds of people development opportunities. We’re excited about our continued
work with Sberbank as it leverages our robust solution to accelerate its
workforce transformation through the use of formal and informal learning and
training programs.”

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About Saba

Saba (NASDAQ:SABA) enables organizations to build a transformative workplace
that leverages the advent of social networking in business and the ubiquity of
mobile to empower an organization’s most mission-critical assets – its people.
The company provides a set of people-centric enterprise solutions to various
businesses and industries worldwide. Saba delivers cloud-based learning
management, talent management and social enterprise solutions to transform the
way people work.

Saba's premier customer base includes major global organizations and industry
leaders in financial services, life sciences and healthcare, high tech,
automotive and manufacturing, retail, energy and utilities, packaged goods,
and public sector organizations. Headquartered in Redwood Shores, California,
Saba has offices on five continents. For more information, please visit
www.saba.com or call +1-877-SABA-101 or +1-650-779-2791. SABA, the Saba logo,
and the marks relating to Saba products and services referenced herein are
either trademarks or registered trademarks of Saba Software, Inc. or its
affiliates. All other trademarks are the property of their respective owners.

Safe Harbor

This press release contains forward-looking statements within the meaning of
the federal securities laws, including, without limitation, Sberbank’s plans
for an initial three-phased rollout of Saba. The actual plans to rollout Saba,
or the timing or outcome of the rollout, could differ materially from those
expressed in any forward-looking statements. Readers should refer to the
section entitled "Risk Factors" in the Form 10-K for the fiscal year ended May
31, 2011, and similar disclosures in subsequent reports filed with the SEC. In
addition, Saba faces additional risks and uncertainties, including risks that
could affect its ability to complete the restatement of its historical
financial statements, file its delayed annual report on Form 10-K and periodic
reports on Form 10-Qs, regain compliance with the NASDAQ listing requirements,
and access credit facilities. The forward-looking statements and risks stated
in this press release are based on information available to Saba today. Saba
assumes no obligation to update them.

Contact:

Saba
Michael Zeglin, (650) 776-4065
mzeglin@saba.com
or
Racepoint Group for Saba
Leslie Clavin, (415) 694-6717
lclavin@racepointgroup.com