Selectica and Versata Enterprises Enter Comprehensive Settlement Agreement

Selectica, Inc. SLTC, today announced that the companies have entered into a comprehensive settlement agreement. By closing out all prior claims between the companies, including the settlement and dismissal of their existing suit in the Court of Chancery in the State of Delaware, and restricting future claims, the agreement frees the two parties to each focus fully on maximizing the value they provide to the market.