Selectica Reports Results for Second Quarter Fiscal 2011: Loss of $0.22 Per Share

Selectica

, a leading provider of contract lifecycle management and sales configuration solutions, today announced financial results for its second fiscal quarter ended September 30, 2010. Highlights in the second quarter 2011 include: * Announced the appointment of three new board members * Resolved litigation regarding the company's Shareholder Rights Plan * Opened a new global research and operations center * Reduced operating expenses for the third consecutive quarter Net loss for the second quarter of fiscal 2011 was $(632,000), or $(0.22) per share, compared to a net loss of $(447,000), or $(0.16) per share, in the first quarter of fiscal 2011 and a net loss of $(1.1 million), or $(0.39) per share, in the second quarter of fiscal 2010.