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Selectica Delivers Fastraq Sales Accelerator to Mid-Market

Posted on Thursday, April 06, 2006 8:12:32 AM       Sign Up to receive Daily News Alerts in your E-mail Inbox                            Digg This Article   Add to Delicious

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    Selectica to Showcase Latest Version of Fastraq in Six North American Cities as Part of Salesforce.com's Success on Demand Tour

    SAN JOSE, Calif., March 7 / -- Selectica, Inc. (NASDAQ:SLTC), a leading provider of sales execution and contract management applications, today announced the immediate availability of the latest version of its Fastraq sales productivity solution. Certified for the Salesforce.com AppExchange, Fastraq integrates and automates Solution Advising, Configuration and Quoting to enable Salesforce.com users to accelerate sales transactions, regardless of product complexity or channel distribution. Selectica will showcase Fastraq in six North American cities in conjunction with Salesforce.com's Success on Demand Tour, a multi-city roadshow held around the world and designed to help current customers and prospects maximize on-demand sales, service and marketing applications.

    Based on Selectica's powerful rules-based modeling technology used by sales teams at some of the largest high tech companies in the world, the newest version of Fastraq now brings this functionality to mid-market organizations across the globe. Fastraq acts like a virtual sales engineer that quickly and efficiently provides salespeople with the right product and pricing information they need to close the sale, while eliminating maverick discounting, inaccurate orders and missed opportunities. Fastraq's entrance into the market comes at a time when interest in on-demand sales productivity tools continues to rise. In a Dec. 2005 report, Aberdeen Group noted a resurgence in sales productivity tools that are specifically designed to enhance an organization's existing CRM system by addressing key activities that shorten the sales cycle and increase sales effectiveness.

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