Saba OnDemand Helps Leading Organizations Benefit from Best-Practices in People Management and Reduced Lifecycle Costs

Business Wire,  June 24, 2008  

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Broadridge Financial Solutions, Inc. and Addison Avenue Federal Credit Union Implement Saba OnDemand

REDWOOD SHORES, Calif. -- Saba Software, Inc. (NASDAQ:SABA), the premier people management software and services provider, today announced that Broadridge Financial Solutions, Inc. (NYSE:BR), a leading global provider of technology-based outsourcing solutions to the financial services industry, and Addison Avenue Federal Credit Union, one of the nation's most innovative credit unions, have implemented Saba OnDemand. With Saba OnDemand, organizations can benefit from industry leading best-practices in people management while simultaneously reducing overall implementation project costs. These two organizations are part of the hundreds of customers and millions of users that have gone live with OnDemand solutions from Saba.

"With Saba OnDemand, organizations have been able to deploy world-class learning, performance and talent management applications to enable business performance improvements and reduce costs," said Bobby Yazdani, chairman and CEO for Saba. "Our OnDemand business provides customers of all sizes with the ability to get up and running quickly as well as centralize and streamline critical people processes like certifications and performance reviews."

Broadridge Financial Solutions, Inc. is a global provider of technology-based outsourcing solutions to the financial services industry. Broadridge has extensive Web-based and instructor-led training requirements and is currently implementing competencies and job roles to align learning and performance.

"Our LearningEdge system is a world-class environment that assists people in achieving high performance," said Lily Benjamin, Vice President, Chief Learning Officer at Broadridge. "By selecting Saba OnDemand, we have partnered with a company that brings deep expertise in learning as well as the complete people management lifecycle and is able to deliver that expertise within its applications. By outsourcing hardware and software maintenance to Saba, we can remain focused on optimizing our most valuable asset--our people."

Addison Avenue Federal Credit Union is based in Palo Alto, California, and has a national footprint with locations in nine states and Puerto Rico. Addison Avenue was looking for a unified learning, performance and talent management solution to help it maintain multiple types of employee certifications associated with financial services. The organization also needed a system to automate and centralize its performance review process and manage succession planning. Because the company's workforce is highly dispersed, and the Organization Development team required a quick and easy system implementation, Addison Avenue selected Saba Learning and Saba Performance OnDemand to automate these people processes and keep information secure and easily accessible regardless of office location.

"We needed an on demand solution that could support the full talent management lifecycle and would provide us with compelling performance management capabilities," said Judy Dutton, Director of Organization Development & Training at Addison Avenue. "We selected Saba OnDemand because it aligns well with existing processes within Addison Avenue. It also provides us with compelling features such as the extensible 9-box grid, which will enable us to us to keep our groups and individuals focused and aligned with our organizational strategy."

Saba OnDemand customers benefit from reduced overhead costs associated with an implementation project--including IT resources, hardware and software maintenance. Automatic upgrades provide Saba OnDemand customers with ongoing access to new functionality, removing the need for cumbersome upgrade planning. Moreover, through Saba's proven track record of serving enterprise customers across multiple industries, it is able to deliver best-practices natively within its people management solutions, providing customers with deep people management process expertise.

About Broadridge

Broadridge Financial Solutions, Inc., with over $2.0 billion in revenues and more than 40 years of experience, is a leading global provider of technology-based outsourcing solutions to the financial services industry. Our systems and services include investor communication, securities processing, and clearing and outsourcing solutions. Broadridge offers a broad, integrated suite of innovative global solutions across the investment lifecycle and provides a wide range of cost-effective and scalable solutions to the financial industry. Our systems help reduce the need for clients to make significant capital investments in operations infrastructure, thereby allowing them to increase their focus on core business activities. For more information about Broadridge, please visit www.broadridge.com.

About Addison Avenue Federal Credit Union

Based in Palo Alto, California, Addison Avenue Federal Credit Union is a nationwide, full-service financial institution serving more than 140,000 members. Addison Avenue offers a range of services to employees and family members of its sponsor companies such as Hewlett-Packard and Agilent Technologies, as well as members of communities across the country. For more information, please visit: https://addisonavenue.com.