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Saba Confirms Correspondence with Nasdaq

Saba (NASDAQ:SABA), the premier people management software and services provider, announced that it has notified NASDAQ of the recent resignation of Lawrence D. Lenihan, Jr. from Saba's board of directors, as a result of which the company no longer complies with NASDAQ's three person audit committee requirement in Listing Rule 5605(c)(2)(A). The company today received a letter from NASDAQ confirming that it has been granted the customary grace period to obtain compliance by adding an additional member to its Audit Committee.

Under NASDAQ Listing Rule 5605(c)(4)(B), the company may regain compliance through appointment of a new member to the Audit Committee prior to January 13, 2010 subject to extension in certain circumstances.

The company intends to evaluate qualified candidates to fill the vacancy created by Mr. Lenihan’s resignation with a goal of curing the deficiency prior to the expiration of the grace period.

About Saba

Founded in 1997, Saba (NASDAQ:SABA) is the premier global provider of strategic human capital management (HCM) software and services. Saba’s people management solutions are used by more than 1,300 organizations and over 17 million end-users worldwide. Saba’s solutions increase organizational performance by aligning workforce goals with organizational strategy; developing, managing, and rewarding their people; and improving collaboration.

Saba product offerings address all aspects of strategic HCM and are available both on-premise and OnDemand (www.saba.com/products). To ensure long-term customer success, our global services capabilities and partnerships provide strategic consulting, comprehensive implementation services, and ongoing worldwide support.

Saba customers include Alcatel-Lucent; Bank of Tokyo-Mitsubishi UFJ; BMW; Caterpillar; CEMEX; Cisco Systems; Daimler; Dell; Deloitte Touche Tohmatsu; EDS, an HP company; EMC Corporation; FedEx Office; Insurance Australia Group; Kaiser Permanente; Lockheed Martin; Medtronic; National Australia Bank; Novartis; Petrobras; Procter & Gamble; Renault; Royal Bank of Scotland; Scotiabank; Singapore Ministry of Finance; Sprint; Standard Chartered Bank; Stanford University; Swedbank; Tata Consultancy Services; Wyndham International; Weyerhaeuser; Underwriters Laboratories; and the U.S. Army, U.S. Department of Health & Human Services, U.S. Department of Treasury/Internal Revenue Service, 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.

SABA, the Saba logo, Saba 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.

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