Selectica Streamlines Electronics Design Processes, Enabling Molex to Shorten and Automate the Sales Cycle SAN JOSE, Calif., June 26 /PRNewswire-FirstCall/ -- Selectica (NASDAQ:SLTC), a leading provider of configuration, sales execution and contract management applications, and Molex Incorporated (NASDAQ:MOLXNASDAQ:MOLXA), a global manufacturer of interconnection solutions, today announced that Molex is using Selectica's configuration software to streamline the design process for configurable solutions. Launched at the Telecommunications Industry Association's GLOBALCOMM event earlier this month, the Selectica-powered Backplane Connector Configurator application enables Molex customers to streamline the design process for their complex products by enabling them to create technical drawings and bills of materials (BOMs) more quickly and efficiently. This new capability allows Molex's industrial customers to improve responsiveness to changing customer needs and respond quicker with a reliable proposal drawing. "By using the Selectica software, we were able to create an easy-to-use program that enables our customers to choose from a variety of options to design their own customized connectors," said Tim Tsouchlos, group product manager, Backplane Products, Molex Incorporated. "Our Selectica-powered Backplane Connector Configurator allows us to meet our customers' emerging needs by offering them a quick and efficient solution that simplifies and speeds up the traditional design process." The new Backplane Connector Configurator allows users the flexibility to choose from many available backplane connector components, quickly and easily. By selecting from a list of available backplane products and specified layouts, they are able to speed up the design process by avoiding confusion and mistakes normally associated with traditional manual processes. This, in turn, enables Molex to bring products to market faster, realize revenue quicker and capture marketshare more aggressively. Additionally, the application performs optimizations on the customer selections, ensuring that the customer's drawing is an efficient representation of their needs. "Selectica has developed a customized configuration solution that provides Molex with the ability to respond swiftly and efficiently to evolving customer demands," said James Dias, vice president of marketing and sales at Selectica. "The deployment with Molex puts the power and flexibility of Selectica's automated configuration software into a unified Web-based selling environment to increase sales efficiency, reduce configuration cycle times and provide a distinct customer advantage." About Molex Incorporated Molex Incorporated is a 67-year-old global manufacturer of electronic, electrical and fiber optic interconnection systems. Based in Lisle, Illinois, USA, the company operates 55 manufacturing facilities in 19 countries. The Molex website is http://www.molex.com/ . About Selectica, Inc. Founded in 1996, Selectica (NASDAQ:SLTC) provides its customers with smart technology that accelerates profitability by automating complex business processes in the areas of sales execution and contract lifecycle management. Available on-demand or as a fully customized installed software application, the company's high-performance solutions provide a critical link between CRM and ERP to accelerate sales configuration, eliminate order inaccuracies, ensure compliance and limit risk exposure. Selectica customers represent leaders in manufacturing, technology, healthcare and telecommunications, including: ABB, Alcoa, Applied Bio Systems, Bell Canada, Cisco, Dell, General Electric, Fireman's Fund Insurance Company, Hitachi, International Paper, Juniper Networks, Rockwell Automation, Seton Hospital, Tellabs, Time Warner, Triad Hospitals and 7-Eleven. Selectica is headquartered in San Jose, CA. For more information, visit the company's Web site at http://www.selectica.com/ . Investor Contact: Tony Rossi, Financial Relations Board for Selectica 310-854-8317, Media Contact: Terri Douglas, Catapult PR-IR for Selectica 303-581-7760, ext. 18, Forward Looking Statements The statements contained in this release that are not purely historical are forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, including statements regarding Selectica's and its customers' expectations, beliefs, hopes, intentions or strategies regarding the future and expectations regarding performance improvements or increases in sales attributable to Selectica's existing and new products. All forward-looking statements included in this document are based upon information available to Selectica as of the date hereof, and Selectica assumes no obligation to update any such forward-looking statement. Actual results could differ materially from current expectations. Factors that could cause or contribute to such differences include, but are not limited to, market and customer acceptance of new products of Selectica including Fastraq, the recently acquired contract management products and the applications developed with joint venture partners, the success of the ongoing restructuring of Selectica's operations, and other factors and risks discussed in Selectica's Annual Report on Form 10-K for the fiscal year ended March 31, 2005 and in other reports filed by Selectica with the Securities and Exchange Commission. DATASOURCE: Selectica CONTACT: Investors, Tony Rossi of Financial Relations Board, +1-310-854-8317, , for Selectica; or Media, Terri Douglas of Catapult PR-IR, +1-303-581-7760, ext. 18, , for Selectica Web site: http://www.selectica.com/ http://www.molex.com/

Copyright

Molex Incorporated (MM) (NASDAQ:MOLX)
Historical Stock Chart
Von Aug 2024 bis Sep 2024 Click Here for more Molex Incorporated (MM) Charts.
Molex Incorporated (MM) (NASDAQ:MOLX)
Historical Stock Chart
Von Sep 2023 bis Sep 2024 Click Here for more Molex Incorporated (MM) Charts.