Kamal's extensive experience in both contract lifecycle management and sales configuration make him a valuable addition to our team.
San Jose, CA (PRWEB) May 18, 2011
Selectica, Inc. (NASDAQ: SLTC), provider of deal management solutions, including sales configuration and contract lifecycle management solutions, today announced that Kamal Ahluwalia has joined the Selectica team in the role of Chief Strategy Officer. Ahluwalia brings over twenty years of business success with a range of innovative technologies and global markets. His leadership will help shape Selectica’s product vision in delivering cloud based solutions that leverage analytics and mobility to make customer organizations more collaborative and productive.
“As Selectica moves forward in providing a comprehensive, cloud-based solution to manage the entire deal management process, from guided selling to contract renewal, we sought a visionary leader with a proven track record for this role,” said Selectica President and CEO Jason Stern. “Kamal’s extensive experience in both contract lifecycle management and sales configuration make him a valuable addition to our team.”
Ahluwalia most recently served as Vice President of Corporate Marketing at Model N. He also previously held the position of Vice President of Marketing and Business Development at Selectica. With his return to the company, he will play an important role in defining and delivering the company’s go-to-market strategy and maintaining Selectica’s leadership position in the market. Kamal Ahluwalia has also held leadership roles at Oracle, Apple, RadioMail, and Neev Labs.
About Selectica, Inc.
Selectica (NASDAQ: SLTC) provides Global 2000 companies with deal management solutions to help companies close business faster, with higher margins and lower risk. Selectica offers tightly integrated applications for guided selling, sales configuration, pricing, quoting, and contract lifecycle management, including modules for mobile devices and employee self-service. With over 100,000 users and over one million new contracts processed annually, Selectica is changing the way companies do business. Selectica customers represent leaders in technology, healthcare, government contracting, and telecommunications, including Bell Canada, Cisco, Covad Communications, Fujitsu, CA Technologies, ManTech, and Qwest Communications. For more information, visit http://www.selectica.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 information includes, without limitation, 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.