Selectica and CRMantra Partner to Accelerate Time-to-Value in Implementation for Configure Price Quote (CPQ) Customers

Selectica and CRMantra Partner to Accelerate Time-to-Value in Implementation 
for Configure Price Quote (CPQ) Customers 
Newly-Formed Partnership Will Also Facilitate Collaboration on CPQ
Technology for Multi-Channel Selling 
SAN MATEO, CA -- (Marketwired) -- 07/30/13 --  Selectica (NASDAQ:
SLTC), provider of software that accelerates sales cycles and
streamlines contract processes, today announced that it has partnered
with CPQ implementation experts CRMantra. The partnership will
leverage CRMantra's deep domain experience in structuring successful
CPQ implementations, particularly with Siebel and Oracle customers,
to ensure that Selectica can scale effectively and put the right
processes in place for enterprise customers to facilitate long-term
usage of the system.  
"Today's businesses are seeking out solution providers with expertise
in seamlessly embedding best in class, cloud-based technology with
legacy components," said Amit Garg, Founder and Chief Executive
Officer of CRMantra. "By partnering with Selectica, we not only
ensure that configure price quote contract software will be
implemented successfully for customers, but also that the
implementation will be solidified by best practices that set the
stage for users to adopt the solution more readily."  
The new relationship between CRMantra and Selectica will:  


 
--  Enable companies to better execute multi-channels sales strategies,
    including those for the web, mobile, partners, resellers, and
    cross-geographical direct sales
--  Create consistency for pricing, catalogs, promotions, and sales
    discounting rules across the enterprise to ensure companies can keep
    up with market changes and internal sales process adjustments
--  Structure entire sales processes, seamlessly integrating adjacent
    systems to create a straight line from lead to quote to order
    fulfillment

  
"At the end of the day, we're here to solve customers' business
problems," said Mike Mothersbaugh, Selectica Executive Vice President
of Worldwide Sales. "CRMantra has proven over the years to be highly
adept at understanding those problems, and their experience and
thought leadership make our partnership a very synergetic fit. We
look forward to working with them to ensure long-term customer
success that starts immediately with a seamless implementation of
proven technology."  
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 CRMantra  
CRMantra (www.CRMantra.com) helps you get the most of out of your
customer management application through its innovative solutions and
services. From Sales and Service Management to Master Data Management
to Pricing and Order Management, CRMantra's proven ability to align
business strategy with enabling technology delivers superior UX for
end-customers, partners, and internal sales and service users 
Reach us at: 
Email: marketing@CRMantra.com
 Web: www.CRMantra.com
 Facebook:
facebook.com/CRMantra
 Twitter: @CRMantra
 LinkedIn:
www.linkedin.com/company/CRMantra
 Phone: +1 415 839 9672 
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
Jordan McMahon
Selectica
(650) 532-1520
pr@selectica.com  
Investor contact 
Todd Spartz
Selectica
(650) 532-1540
ir@selectica.com 
 
 
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