Forbes Names Saba to List of Most Trustworthy Companies

Exclusive List Ranking Based on Transparent Accounting and Prudent Management

REDWOOD SHORES, Calif. (September 01, 2010) – Saba (NASDAQ:SABA), the premier people systems provider, today announced its inclusion in Forbes Magazine’s ranking of “Most Trustworthy Companies” for 2010. Saba has been determined to exhibit transparent accounting and prudent management by Audit Integrity, an independent financial analytics company. The ranking is based on more than 100 factors used to assess corporate accounting and management practices.

Fewer than 5% of public companies make Audit Integrity’s Most Trustworthy Companies list, according to Forbes. To do so, enterprises must have: “Average” or “Conservative” ratings and an average “Accounting & Governance Risk (AGR)” rating of 65 or more over at least eight quarters; Saba’s score is 91 out of 100.

“We’re pleased to be recognized by Forbes for our commitment to financial transparency and sound management,” said Bobby Yazdani, CEO and Chairman, Saba. “We believe the integrity of our financial operations is a critical part of our commitment — to investors, customers, and partners — to providing excellence to the People Systems market.”

About Saba

Saba (NASDAQ:SABA) provides a new class of people systems that combine enterprise learning, people management, and collaboration technologies. Today’s people-driven enterprises are using Saba’s solutions to mobilize and engage people around new strategies and initiatives; align and connect people to accelerate the flow of business; and cultivate, capture, and share individual and collective knowhow to effectively compete and succeed.

Saba’s premier customer base includes major global organizations and industry leaders in financial services, life sciences and healthcare, high tech, automotive and manufacturing, retail, energy and utilities, packaged goods, and public sector organizations.

Headquartered in Redwood Shores, California, Saba has offices on five continents. For more information, please visit

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.

Contact
Saba
Jenni Adair, 650-696-1610
Director of PR and AR
jadair@saba.com
Twitter: @jenni_adair
or
Activa PR
Emma Rosen, 415-385-2843
emma@activapr.com
Twitter: @emrosen

Source: Saba

 
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