averda International to Control Contract Processes With Selectica Contract Lifecycle Management

averda International to Control Contract Processes With Selectica Contract 
Lifecycle Management 
Largest Environmental Solutions Provider in the MENA Region to Use
Selectica to Better Track Contract Deliverables, Compliance 
SAN MATEO, CA -- (Marketwired) -- 04/17/13 --  Selectica (NASDAQ:
SLTC), a provider of software that accelerates sales cycles and
streamlines contract processes, today announced that averda
International, a leading environmental solutions provider, has chosen
Selectica Contract Lifecycle Management to automate their contract
processes and ensure visibility into contract milestones.  
"Plain and simple, we've outgrown using several methods on multi
systems for managing our contracts," said Anthony Kurban, Averda
Chief Information Officer. "With Selectica CLM, we'll have a
flexible, automated system in place to keep track of renewals,
deadlines, and time-sensitive contract activities, and ensure that
we're maintaining pristine compliance with the internal and external
regulations that are critical to our business."  
averda International plans to take advantage of a number of key
features within Selectica CLM in order to manage hundreds of
contracts with both regional and global vendors, including contracts
for procurement, finance, and equipment. With Selectica CLM, averda
International will be able to set unique approval cycles for
different types of contracts across geographies, standardize
templates for their variety of contract types, and apply versioning
and redlining controls during collaboration between their own legal
team and end users.  
"Of key importance for global companies like averda International is
visibility into approvals processes and maintaining business
continuity as it pertains to all contracts in the organization," said
Kamal Ahluwalia, Selectica Chief Marketing Officer. "We're very much
looking forward to helping averda International keep a firm grip on
their contract processes as they continue to grow their business." 
About Selectica
 Selectica (NASDAQ: SLTC) develops innovative
software that the world's most successful companies rely on to
improve the effectiveness of their sales and contracting processes.
Our guided selling, sales configuration, and contract lifecycle
management solutions support the Global 2000 and growing mid-size
firms in closing billions of dollars' worth of business each year.
Our patented technology, delivered through the cloud, makes it easy
for customers in industries like high-tech, telecommunications,
manufacturing, healthcare, financial services, and government
contracting to overcome product and channel complexity, increase deal
value, and accelerate time to revenue.  
For more information: 


 
--  Visit the Selectica website to learn more about the company and its
    products and customers (http://www.selectica.com/)
--  Follow @Selectica_Inc on Twitter to stay up to date with industry news
    and updates (https://twitter.com/Selectica_Inc)
--  Visit "Done Deal," the Selectica blog, to read articles, advice, and
    commentary on how to optimize deal processes (www.selectica.com/blog)
--  Watch Selectica videos on YouTube to see what Selectica and its
    products can do (http://www.youtube.com/user/SelecticaVideos)
--  Browse the Selectica resource center to find guides and resources on
    how to improve sales and contracting processes
    (http://www.selectica.com/resources)

  
About averda International
 averda International is the largest
environmental solutions provider in the MENA region, specializing in
integrated resources management. averda International is at the
forefront of innovation in the regional market, providing sustainable
solutions and more than 35 years of experience in the effective
management of waste for both private and public sector clients across
pedestrian, residential, commercial, and industrial areas. 
The extensive portfolio of services covered by averda ranges from
street cleaning through to waste collection, treatment, disposal and
recycling, as well as including the full-scale development of
sustainable solutions for water, wastewater and solid waste of
public, residential, commercial, and industrial sectors, all within a
framework that respects the natural environment. averda International
also designs and implements full-scale solutions to recover valuable
resources like paper, metals, and water. 
With more than 7,500 employees serving millions of people everyday,
averda operates in full compliance with international standards for
quality control throughout Lebanon, Saudi Arabia, the United Arab
Emirates, Oman, Qatar, the United Kingdom, Ireland, France, Morocco,
and Iraq. 
For more information, please visit www.averda.com. 
Forward-Looking Statements
 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 statements may include, without
limitation, statements regarding 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 the on-going global recession;
fluctuations in demand for Selectica's products and services;
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-K, filed by the company with the Securities and Exchange
Commission. 
Media Contacts
Kimberly Canedo
Tanis Communications
(408) 295-4309 x104
kimberly.canedo@taniscomm.com 
Jordan McMahon
Selectica
(650) 532-1520
pr@selectica.com 
Investor Contact
Todd Spartz
Selectica
(650) 532-1540
ir@selectica.com 
 
 
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