REDWOOD SHORES, Calif., February 6, 2006 - Saba (NASDAQ: SABA), the premier Human Capital Management (HCM) software and services provider, today announced the general availability of Saba Enterprise 5.3, a comprehensive update to Saba´s strategic HCM suite. The new version features a range of enhancements and innovations that help improve the people management processes of large organizations.
Saba Enterprise 5.3 is designed to deliver the flexibility and scalability required to meet the complex and evolving HCM needs of large organizations. Widely recognized for its openness and robust functionality, Saba Enterprise 5 is being adopted in multiple languages by enterprises around the world to advance their people management processes. With integrated learning, performance and talent management capabilities, Saba Enterprise 5 is enabling customers to support their strategic people initiatives while providing the choice of on demand or on premise delivery.
Saba Enterprise 5.3 features new and extended learning and performance capabilities, with added business intelligence support across the suite.
Robust Learning Management
To ensure widespread adoption and collaboration across learners in more than 150 countries, Saba Enterprise Learning Suite 5.3 introduces a number of learner-centric capabilities, including deep links for fast and easy access to content; community chat; and optional roles for learners who want to hone skill sets associated with a new or desired role.
Saba Learning Suite 5.3 also reduces an organization´s total cost of ownership by providing more flexible administration. Through the use of private attachments, multi-level approvals or private offerings, for example, organizations lower the burden and costs associated with managing and delivering learning.
Flexible Performance Management
Orchestrating employee performance reviews across many departments and review cycles is a difficult challenge. Saba Enterprise Performance Suite 5.3 broadens Saba´s review cycle support, enabling customers to monitor, manage and report on performance reviews in a consolidated fashion, even when review content, timing and layout varies by team and geography. Organizations can quickly gain insight into the performance review process across the company to help ensure that reviews are managed consistently.
Ensuring that people are working on the right things can be equally challenging. Saba introduces Quick Alignment, an automated feature which enables people to quickly see how their individual goals align with both their managers´ goals and their organizations´ objectives.
Business Intelligence for Better Insight
Saba Enterprise 5.3 provides global companies improved decision-making capability, by providing visibility into the effectiveness of their people management processes and business results. With more than 140 out-of-the box reports as well as ad hoc reporting capabilities, Saba Enterprise 5.3 reflects the reporting best practices of over 500 enterprises. Saba´s open solution supports multiple reporting options, so organizations can select the reporting tools that are right for them.
"The response in the marketplace to Saba Enterprise 5 has been very positive," said Bobby Yazdani, chairman and CEO of Saba. "Saba Enterprise 5.3 is the next step in delivering on our HCM vision, demonstrating our commitment to providing a comprehensive, open and flexible people management solution for enterprises around the world."
Saba Enterprise 5.3 is generally available today. To learn more, please visit http://www.saba.com/products/saba/index.htm.
About Saba
Saba (NASDAQ: SABA) is the premier Human Capital Management (HCM) software and services provider, using a people-centric approach to increase productivity and performance. As a trusted partner, Saba enables the Aligned EnterpriseTM for over 1,100 customers in 150 countries by providing an integrated people management system to continuously align goals, develop people, improve collaboration and increase visibility into organizational performance.
Saba customers include ABN AMRO, Alcatel, Bank of Tokyo-Mitsubishi UFJ, BMW, CEMEX, Cisco Systems, DaimlerChrysler, Dell, Deloitte Touche Tohmatsu, EDS, EMC Corporation, FedEx Kinko's, Insurance Australia Group, Lockheed Martin, Medtronic, National Australia Bank, Novartis, Petrobras, Procter & Gamble, Scotiabank, Sprint, Standard Chartered Bank, Stanford University, Swedbank, Wyndham International, Weyerhaeuser, Underwriters Laboratories, and the U.S. Army and U.S. Navy.
Headquartered in Redwood Shores, California, Saba has offices on five continents. For more information, please visit www.saba.com or call (+ 1) 877-SABA-101 or (+1) 650-779-2791.
Legal Notice Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws, including, without limitation, statements regarding the global adoption of Saba Enterprise 5. Saba's actual results could differ materially from those expressed in any forward-looking statements. Risks and uncertainties Saba faces that could cause results to differ materially include risks associated with: Saba's dependence on growth of the markets for Saba's products, dependence on acceptance of Saba's products by customers and channel partners, fluctuation in customer spending, length of Saba's sales cycle, competition, rapid technological change, dependence on new product introductions and enhancements and potential software defects. Readers should also refer to the section entitled "Risk Factors" on pages 26 through 34 of Saba's Annual Report on Form 10-K dated August 29, 2005 and similar disclosures in subsequent Saba periodic SEC reports. The forward-looking statements and risks stated in this press release are based on information available to Saba today. Saba assumes no obligation to update them.
SABA, the Saba logo, Centra and the marks relating to Saba products and services referenced herein are either trademarks or registered trademarks of Saba Software, Inc. or its affiliates. All other trademarks are the property of their respective owners.