SABA SOFTWARE DL-.01

REDWOOD SHORES, Calif.--(BUSINESS WIRE)--Sept. 18, 2003--Saba (Nasdaq: SABA, news), the leading provider of human capital development and management (HCDM) solutions, today announced that its founder, Bobby Yazdani, has been named chairman and chief executive officer. Yazdani succeeds Geno Tolari. Michael Moritz, general partner of Sequoia Capital and a Saba director since August 1998, stated, "Saba needs the complete dedication and passion that only a founder can bring. It also must start generating cash in a consistent and predictable fashion. Bobby has the conviction required to lead the company and understands that Saba's future will be dictated by bottom line necessities. He has the unqualified support of the entire board of directors." Widely recognized as a successful executive in the industry, Yazdani founded Saba in 1997 and took the company public in 2000. He led the company as it grew to become the global leader in enterprise learning and, subsequently, in the broader HCDM market. Yazdani served as Saba's chief executive officer until March 2002 and has remained a director and officer. "I am clearly disappointed with Saba's sales performance," said Yazdani. "I am looking forward to assuming my new role as chairman and CEO and restoring the company's momentum. I have four immediate objectives: first, to align our sales organization to successfully execute our sales plan; second, to drive to profitability; third, to introduce our next-generation products; and fourth, to maintain Saba's relentless commitment to customer satisfaction," Yazdani added.

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